The Wasendorf Trading System is designed to be a trend-following system. It will perform better in a trending market but not so well when sideways action is occurring. It is recommended that a diversified portfolio of commodities be traded to catch major moves. The number of markets to trade depends on the size of the trading account and areas of interest. It is recommended a trader deposit at least twice the required margin.
Margin requirements are subject to change without notice.
The Wasendorf Trading System is almost always in the market with a position either long or short because the protective stop is also the reversal point. For example, in a long position with one contract, a protective stop is placed to sell two contracts, reversing to a short position when the stop order is executed. It is important to call the Hotline regularly if following these recommendations, because the reversal stops can change on a daily basis. When following the recommendations of the Wasendorf Trading System, initial market entry will be dependent upon each trader and the current market conditions. It is generally recommended that a trader wait for a reversal stop to be triggered to enter a position.