OnTarget Futures Trading Due Diligence

Step 2
FFR Trading
SYSTEM DEVELOPER AND STRATEGY SURVEY
SUMMARY OF SURVEY
The purpose of this questionnaire survey is to help FarnsField develop an understanding of the background
experience of the trading team and strategy system developer. It also provides us with the facts and information
needed to begin our due diligence process and determine whether or not the strategy and system is a good fit for
our own trading. The more detailed information provided, the more efficient our process will be.
DOCUMENTATION NEEDED
Please provide the following documents if available. If not available please explain why. Please type in your
answers in a blue font color as well as in italic, and email the survey back to us (DO NOT FAX).
Is anyone on the team registered as a CTA or fund manager, please provide details on what entity name
this is listed under
Photo – formal head shot. Send 2-3 so we can choose. The photo we select will be used for your bio page
on the website. Format – high resolution .tif or .jpg
Track/performance Record – at least 3 years of actual real time trades in the market
Back test of trading performance of no less than 3-years
Sample trading charts – high resolution
Broker statements (Personal, trading fund of client’s)
Professional references with contact information
Testimonials from subscribers/clients
Articles, interviews, You Tube videos, audio files, or trading reports
Power Point Presentation
Website (if you have a website please provide)
Self-Bio (Provide information on how the developer and/or team came into trading and what previous
experience was outside of trading
CONTACT INFORMATION OF DEVElOPER AND/OR TEAM
Full Name of Developer: Editor & Publisher, PTA Publications, Inc.
Additional Team Members:
Company Name: PTA Publications, Inc.
Physical address: (Undisclosed)
Billing address: (Undisclosed)
Telephone (cell and office): (Undisclosed)
Email: (Undisclosed)
CERIFIED
Skype / Yahoo Messenger / MSN Messenger (if applicable): N/A
CONFIDENTIAL
2

Step 2
FFR Trading
TRADING BACKGROUND
How many years of trading experience do the developer or strategy team have?
24 years
How did the developer or team get involved in trading? My Navy platoon buddy advised me to meet his
brother after we returned from deployment. He traded stock options from a variety of 50 of the best
volume traded companies available at that time. At the end of the next year, I learned to trade commodity
futures and had the privilege to meet – who is still my teacher, mentor, and friend to this day – Larry
Williams. Larry’s guidance early on catapulted my trading and learning curve, but most of all
CONFIDENCE.
What are the biggest strengths does the developer or strategy team have? My biggest strengths as a trader is
being able to research my strategies to find trading parameters to accommodate what I learned early on in
this business, and that is to take ALL TRADES with the trend. I have no problem “pulling the trigger”
with my exclusive signals because every trade has history and statistics behind it.
What are the biggest weaknesses? I have recently overcome my biggest weakness I had as a trader
which was “skipping” trades based on the recent volatility of the market – far. Most of the time there
were no trades following high-volatility days, but when there were, I missed some good trades thinking
I was “doing the right thing” by protecting equity. I’ll divulge how I accomplished this in comments
below…
What was a trading experience where the developer learned a valuable lesson about the markets and yourself?
19 years ago I took my biggest trading loss when I veered away from my trading plan. It should have been
my biggest trading “win” to that date, but there were two of us trading one account. BIG MISTAKE.
So I forced myself to do more research on my trading strategy and documented it on paper for reference
(documenting your work in a journal is powerful as some of you already know). When you write your
rules down you tend to stick to them with better conviction. I have reinforced my trading strategies based
upon this lesson.
What are the developers and teams trading expertise (Stocks, Futures, Forex, Options, ETF’s, etc.) I have
been strictly trading commodity futures (and options) for 24 years now.
How would the develope describe the trading style of your strategy (intraday, swing trading, long-term, trend)?
The core of my trading style is trend-following, but I do not commit to any position for any longer than I
have to, so I look to take advantage of the swings of the market as well – swing-trading. Finally, my
trading style is more mechanically inclined with strict rules and parameters than discretionary in nature.
TRADING STRATEGY
CERIFIED
Is the system based on technical or fundamentals? My trend following trading strategy utilizes specific entry
& exit signals based on price structure, market volatility, and trading psychology. Once a trade is placed
and I am in the market, a protective “stop-loss” is automatically utilized. My trading strategy’s goal is to
buy the dips and sell the rallies and to remain in the market as long as the market (and my position) is
trading in the direction of the overall trend.
What are the benefits of the trading strategy? Why would an investor choose the strategy/style over another?
The benefits of this trading strategy, and why an investor/trader would choose my style is because if a
market is trending, then chances are I will be in that market with a position. The only way to make money
in the marketplace is to be in the market. Even when the market is experiencing high volatility, I have
restructured my trading strategies to have a maximum dollar stop-loss, as well as target prices for EACH
CONFIDENTIAL
3

Step 2
FFR Trading
TRADE – allowing me to take the maximum number of trades and to be “in the market” with fear, or
hesitation. I am trading according to the winning statistics I researched long ago.
How many trades are made on average each per month? For the $25K portfolio of markets: 18-23 For the
$50K portfolio of markets: 33-38
What are the average non-compounded returns per year? For the $25K portfolio: 194.77% and for the
$50K portfolio: 184.299% (based on actual fills reported by accommodating brokers and $10 “all in”
round-turn commission rate).
What is the average drawdown? For 1 years record, the $25K portfolio: 10-12% For the $50K portfolio:
10-12%
What is the stop loss for each trade? It varies with each market and with each individual trade on a
daily basis, but each market has a maximum dollar stop loss to prevent unforeseeable “runaway”
trades.
What is the ratio of winners to losers?
For the $25K portfolio: 47% accuracy with a 1.5 profit loss ratio which is exactly the same with the
$50K portfolio.
When does the strategy take profits on each trade? There are three ways; two of which can be objective:
1) when the mechanics of the trading strategy stop us out; 22) when an “Ultimate Profit Objective” is
reached. The third method requires on sight market supervision to visually “see” when a market is
unable to hold its gains (when long), or a weak market making an unexpected come-back higher (when
short) which only happens few and far between. These are the three ways.
Does a trader/investor need to watch the market all day in order to trade the strategy? No, not at all. But if
the trader/investor would like to be notified of any intra-day change in the trading plan, I am happy to
add to my e-mail distribution list notifying of a change to the plan.
TRADING ACCOUNT
CERIFIED
What minimum trading accou t size does the developer recommend to effectively trade the system? There are
two main trading strategies: the $25K & $50K suggested trading portfolios. This is the minimum
suggested trading amount for both, and there are also variations of these two portfolios that denote the
minimum amounts with the exception of the $10K & $15K portfolios – I would suggest $2,500 more
minimum for these two.
What are the developer’s thoughts on money management? Money management is the key to a successful
trading experience with longevity. Money management must come first before all else. This is why each
trade has specific parameters such as mandatory protective stops, a maximum dollar stop loss, as well as
an ultimate target objective to anticipate when the markets become unexpectedly volatile.
What is the maximum percent that the developer recommends exposing to risk on any single trade? As far as
the maximum percent exposing on any single trade… this strategy is one of the few that is MORE
conservative than using a straight percent as my peers. The mechanics of the actual trading strategy
CONFIDENTIAL
4

Step 2
FFR Trading
require the market (price structure, volatility, and history) to determine where the risk is going to be at
any given moment of the open trade.
Is the developer willing to offer a guarantee? Yes, if the customer is not completely satisfied at the end of the
subscription service-term – for any reason – I will invite the customer to continue trading with me in
three-month increments until the subscription fee and a minimum 12% profit has been realized
(excluding commissions). This is why the customer must negotiate with the variety of recommended
brokers as low a commission rate as possible. I pay $10 per “all in” round-turn fee. For traders
positioned with $25K accounts sizes or less, expect as low as $12-15 “all in” rates with some of
recommended brokers.
COMPETITION
Which traders/websites are the developer’s main competitors? I only compete with my inner-psyche. I have
learned others see me as their competition when I was a World Cup Advisor top-trader.
SUPPORTING DOCUMENTS (FFR Trading may want to utilize or republish for marketing purposes)
Has the developer or team written any articles or reports that we may review? I have a World Cup Advisor
website snapshot of my standing with them and their traders dated September 9 th 2009 you are welcome
to use provided you block out my name and image (World Cup won like it but they do not respect
copyright laws anyway). You will see “Chuck Hughes” stock option program that was added a couple of
months before this date. Investors needed a $150K minimum sized account in order to realize those
profits - $35K with mine.
Is there anything else that the developer would like to add? Before working with FFR Trading, I was a
trader with a new program at World Cup Advisor. After the end of the first year, my $50K (they were
allowing customers with $35K) portfolio climbed on the top and surpassed ALL OTHER TRADERS
AND THEIR PROGRAMS DOLLAR FOR DOLLAR. My unique strategy stayed at the #1 position for the
next 3.5 years and my only reason for leaving them was promotion of other traders programs when mine
was in a drawdown phase. Even during these periods, no other trader surpassed my strategy’s
cumulative profits.
THANK YOU!
FFR Trading appreciates that you took the time in completing this survey. Your input is critical to the success of
our mutual partnership! We will review your survey and be back in touch in setting up another conversation
within the next few weeks.
CERIFIED
CONFIDENTIAL
5

1 of 2 2/26/2014 3:08 PM
BASIC Details
Step 3
https://www.nfa.futures.org/basicnet/Details.aspx?entityid=UUe8ySPbas...
News Center Swaps Information Information for DCMs and SEFs NFA Manual File a Complaint Careers at NFA
Details
NFA ID:
Current Status
• ALSO SEE NFA ID
• NFA ASSOCIATE MEMBER PENDING
• ASSOCIATED PERSON REGISTERED
• PRINCIPAL APPROVED
Regulatory Actions
NFA Arbitration Decisions
Agency
Number
NFA 0
CFTC 0
Exchanges 0
details...
Formerly Known As
No other names
Doing Business As
No other names
History
Status
• ALSO SEE NFA ID
ATLAS FUTURES INC
Role
Number
Claimant 0
Respondent 0
details...
CFTC Rep ratio s Cases
Security Futures Profic ency Training
No pr ficiency nformation available
Total 0
Effective Date
• ASSOCIATED PERSON WITHDRAWN 01/09/1997
CERIFIED
• NFA ASSOCIATE MEMBER WITHDRAWN 01/09/1997
• ASSOCIATED PERSON REGISTERED 05/06/1996
• NFA ASSOCIATE MEMBER APPROVED 05/06/1996
• ASSOCIATED PERSON PENDING 02/27/1996
• NFA ASSOCIATE MEMBER PENDING 02/27/1996
OPPORTUNITIES IN OPTIONS
• ASSOCIATED PERSON WITHDRAWN 01/09/1997
• NFA ASSOCIATE MEMBER WITHDRAWN 01/09/1997
• ASSOCIATED PERSON REGISTERED 05/06/1996
• NFA ASSOCIATE MEMBER APPROVED 05/06/1996
• PRINCIPAL PENDING STATUS WITHDRAWN 03/21/1996
• ASSOCIATED PERSON PENDING 03/13/1996
• NFA ASSOCIATE MEMBER PENDING 03/13/1996
• PRINCIPAL PENDING 02/27/1996
details...
• PRINCIPAL WITHDRAWN 04/04/2003
• PRINCIPAL APPROVED 01/30/1997
• PRINCIPAL PENDING 01/21/1997
• ASSOCIATED PERSON WITHDRAWN 12/22/2000
• NFA ASSOCIATE MEMBER WITHDRAWN 12/22/2000
• PRINCIPAL WITHDRAWN 12/22/2000
6

1 of 1 2/26/2014 3:07 PM
BASIC Details
Step 3
https://www.nfa.futures.org/BasicNet/Details.aspx?entityid=uJ3hUu9eF7s=
News Center Swaps Information Information for DCMs and SEFs NFA Manual File a Complaint Careers at NFA
Details
NFA ID:
Current Status
• NFA MEMBER PENDING
• COMMODITY TRADING ADVISOR REGISTERED
Exemptions
Click the link below to view exemptions for this firm
View Exemptions
Regulatory Actions
Agency
Number
NFA 0
CFTC 0
Exchanges 0
details...
Formerly Known As
No other names
Doing Business As
No other names
NFA Arbitration Decisions
CFTC Repara ions Cases
Role
Listed Principals
Listed Principal Name
itle
History
Status
Number
Claimant 0
Respondent 0
PRESIDENT
details...
Business Address
Total 0
CERIFIED
10% or More
Financial Interest
YES
Effective Date
• INTRODUCING BROKER PENDING STATUS WITHDRAWN 01/19/2014
• INTRODUCING BROKER PENDING 04/26/2013
• NFA MEMBER PENDING 04/26/2013
• NFA MEMBER WITHDRAWN 02/01/2013
• NFA MEMBER APPROVED 12/21/2010
• NFA MEMBER PENDING 12/03/2010
• NFA MEMBER WITHDRAWN 10/05/2008
• NFA MEMBER APPROVED 10/16/2007
• COMMODITY TRADING ADVISOR REGISTERED 10/16/2007
• NFA MEMBER PENDING 05/16/2007
• COMMODITY TRADING ADVISOR PENDING 05/09/2007
details...
NFA is the premier independent provider of efficient and innovative regulatory programs that safeguard the integrity of the futures markets.
Site Index | Contact NFA | News Center | FAQs | Career Opportunities | Industry Links | Home
© 2014 National Futures Association All Rights Reserved. | Disclaimer and Privacy Policy
7

On Target Futures Trading 7-Market Portfolio
Markets:
Kansas City Wheat, Sugar, Cotton, Soymeal, Corn, Wheat, Mini Gold
Trading Period, From date 01/03/2001, To date 08/31/2017,
Total Net Profit: $652,316 Profit Factor: 1.58
Total Trades: 5,680 Winning Percentage: 42.60%
Account Size: $20,000 Return Pct: 3261.58%
Percent in the Market: 21.50%
Winning Trades
Losing Trades
Total Winners: 2,421 Total Losers: 3,259
Average Win: $733 Average Loss: ($344)
Largest Win: $7,653 Largest Loss: ($2,445)
Avg Drawdown in Win: ($102) Avg Peak in Loss: $189
Avg Run Up in Win: $985 Avg Run Up in Loss: $189
Avg Run Down in Win: ($102) Avg Run Down in Loss: ($364)
Most Consec Wins: 9 Avg # of Consec Losses: 2.56
Average Monthly Profit: $3,245 Annualized Sharpe Ratio: 1.96
Average Monthly %: 16.20%
Average Annual Profit: $38,940
Average Annual %: 194.70%
Past performance is not necessarily indicative of future results
8

Equity Curve 01/03/2001 - 08/31/2017
Past performance is not necessarily indicative of future results
U.S. GOVERNMENT REQUIRED DISCLAIMER - COMMODITY FUTURES TRADING COMMISSION. FOREX, FUTURES AND
OPTIONS TRADING HAVE LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE OF THE
RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THE FUTURES AND OPTIONS MARKETS. DON'T TRADE
WITH MONEY YOU CAN'T AFFORD TO LOSE. THIS EMAIL IS NEITHER A SOLICITATION NOR AN OFFER TO BUY/SELL FUTURES
OR OPTIONS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR
LOSSES SIMILAR TO THOSE DISCUSSED ON THIS EMAIL. THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR
METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING INVOLVES HIGH RISKS AND YOU CAN
LOSE A LOT OF MONEY. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH
ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE
PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN
HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR
TRADING PROGRAM ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY
PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK,
AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL
TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE
OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE
NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC
TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE
RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
9

On Target Futures Trading 13-Market Portfolio
Markets:
Cotton, Kansas City Wheat, Soybeans, Sugar, Soymeal, Coffee, Corn, Wheat,
Feeder Cattle, Lean Hogs, Soybean Oil, Gold, Copper
Trading Period, From date 01/03/2001, To date 08/31/2017,
Total Net Profit: $1,234,765 Profit Factor: 1.58
Total Trades: 9,104 Winning Percentage: 42.40%
Account Size: $40,000 Return Pct: 3086.90%
Percent in the Market: 20.80%
Winning Trades
Losing Trades
Total Winners: 3,858 Total Losers: 5,246
Average Win: $871 Average Loss: ($405)
Largest Win: $7,653 Largest Loss: ($2,445)
Avg Drawdown in Win: ($112) Avg Peak in Loss: $234
Avg Run Up in Win: $1,182 Avg Run Up in Loss: $234
Avg Run Down in Win: ($112) Avg Run Down in Loss: ($427)
Most Consec Wins: 12 Avg # of Consec Losses: 2.6
Average Monthly Profit: $6,143 Annualized Sharpe Ratio: 2.4
Average Monthly %: 15.30%
Average Annual Profit: $73,716
Average Annual %: 184.29%
Past performance is not necessarily indicative of future results
10

Equity Curve 01/03/2001 - 08/31/2017
Past performance is not necessarily indicative of future results
U.S. GOVERNMENT REQUIRED DISCLAIMER - COMMODITY FUTURES TRADING COMMISSION. FOREX, FUTURES AND
OPTIONS TRADING HAVE LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE OF THE
RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THE FUTURES AND OPTIONS MARKETS. DON'T TRADE
WITH MONEY YOU CAN'T AFFORD TO LOSE. THIS EMAIL IS NEITHER A SOLICITATION NOR AN OFFER TO BUY/SELL
FUTURES OR OPTIONS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE
PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED ON THIS EMAIL. THE PAST PERFORMANCE OF ANY TRADING SYSTEM
OR METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING INVOLVES HIGH RISKS AND YOU CAN
LOSE A LOT OF MONEY. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH
ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE
PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN
HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR
TRADING PROGRAM ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY
PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL
RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN
ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR ADHERE TO A PARTICULAR TRADING PROGRAM
IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.
THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY
SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL
PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
11

13

14

Step 7
ACCOUNT NUMBER
DATE DEC 31, 2010
* * * * * * * * * * * * * * Y O U R A C T I V I T Y T H I S M O N T H * * * * * * * * * * * * * * * * * * * *
DATE AT LONG/BUY SHRT/SELL DESCRIPTION PRICE/LEGND CC DEBIT CREDIT
12/01/0 F1 1 1 MAR 11 CBOT CORN 01 5.54 /4 US .00
GLOBEX TRADE
12/01/0 F1 1 MAR 11 CBOT CORN 01 5.54 3/4 US 8.42
GLOBEX TRADE
12/01/0 F1 RESIDUAL ON 0001-JAN 11 CBT BE US 1.17
12/01/0 F1 1 JAN 11 CBT BEAN MEAL 01 34 90 US 8.42
GLOBEX TRADE
APS TRADE
12/02/0 F1 1 MAR 11 ICEUS SUGAR11 0 28.61 US 9.36
ICE PLATFORM
12/02/0 F1 RESIDUAL ON 0001-MAR 1 KC WHE US 5.88
12/02/0 F1 1 1 MAR 11 KC WHEAT 08 8.12 US 3,062.50
GLOBEX TRADE
APS TRADE
12/02/0 F1 1 MAR 11 KC WHEAT 08 8.12 US 8.41
GLOBEX TRADE
APS TRADE
12/03/0 F1 1 MAR 11 BOT CO N 01 5.67 US 8.42
GLOBEX TRADE
12/03/0 F1 1 1 MAR 1 ICEUS SUGAR11 06 29.50 US 996.80
ICE PLA FORM
12/03/0 F1 1 MAR 11 ICEU SUGAR11 06 29.50 US 9.36
ICE PLATFORM
12/06/0 F1 RESIDUAL ON 0001-JAN 11 CBT BE US 4.70
12/06/0 F1 1 1 AN 11 CBT BEAN MEAL 01 352.10 US 820.00
GLOBEX TRADE
APS TRADE
12/06/0 F1 1 JAN 11 CBT BEAN MEAL 01 352.10 US 8.42
GLOBEX TRADE
APS TRADE
12/07/0 F1 1 1 MAR 11 CBOT CORN 01 5.57 1/2 US 475.00
GLOBEX TRADE
12/07/0 F1 1 MAR 11 CBOT CORN 01 5.57 1/2 US 8.42
GLOBEX TRADE
12/10/0 F1 RESIDUAL ON 0001-MAR 11 CBOT W US 7.29
12/10/0 F1 1 1 MAR 11 CBOT WHEAT 01 7.80 US 687.50
GLOBEX TRADE
12/10/0 F1 1 1 MAR 11 CBOT WHEAT 01 7.80 US 16.84
GLOBEX TRADE
12/10/0 F1 RESIDUAL ON 0001-MAR 11 KC WHE US 7.24
12/10/0 F1 RESIDUAL ON 0001-MAR 11 KC WHE US 7.24
CERIFIED
15

Step 7
ACCOUNT NUMBER
DATE DEC 31, 2010
DATE AT LONG/BUY SHRT/SELL DESCRIPTION PRICE/LEGND CC DEBIT CREDIT
12/10/0 F1 1 1 MAR 11 KC WHEAT 08 8.31 1/4 US 375.00
GLOBEX TRADE
APS TRADE
12/10/0 F1 1 1 MAR 11 KC WHEAT 08 8.31 1/4 US 16.82
GLOBEX TRADE
APS TRADE
12/13/0 F1 RESIDUAL ON 0001-MAR 11 CBOT C US 10.15
12/13/0 F1 1 MAR 11 CBOT CORN 01 5.8 /2 US 8.42
GLOBEX TRADE
APS TRADE
12/13/0 F1 RESIDUAL ON 0001-JAN 11 BT BE US 5.78
12/13/0 F1 1 JAN 11 CBT BEAN MEAL 1 342.60 US 8.42
GLOBEX TRADE
APS TRADE
12/14/0 F1 RESIDUAL ON 0001-MAR 11 CBOT W US 1.04
12/14/0 F1 RESIDUAL ON 0001- AR 11 CBOT W US 1.04
12/14/0 F1 1 1 MAR 11 CBOT WHEAT 01 7.70 3/4 US 250.00
GLOBEX TRADE
APS TRADE
12/14/0 F1 1 1 MAR 1 CBOT WHEAT 01 7.75 3/4 US 16.84
GLOBEX TR DE
APS TRA E
12/14/0 F1 RESIDUAL N 0001-MAR 11 KC WHE US 3.29
12/14/0 F1 1 1 MAR 11 KC WHEAT 08 8.18 3/4 US 612.50
GLOBEX TRADE
APS TRADE
12/14/0 F1 1 1 MAR 11 KC WHEAT 08 8.18 3/4 US 17.82
GLOBEX TRADE
APS TRADE
12/15/0 F1 1 1 MAR 11 CBOT CORN 01 5.81 3/4 US 137.50
GLOBEX TRADE
12/15/0 F1 1 MAR 11 CBOT CORN 01 5.81 3/4 US 8.42
GLOBEX TRADE
12/15/0 F1 RESIDUAL ON 0001-JAN 11 CBT BE US 6.31
12/15/0 F1 1 1 JAN 11 CBT BEAN MEAL 01 341.40 US 120.00
GLOBEX TRADE
APS TRADE
12/15/0 F1 1 JAN 11 CBT BEAN MEAL 01 341.40 US 8.42
GLOBEX TRADE
APS TRADE
12/15/0 F1 RESIDUAL ON 0001-MAR 11 CBT BE US 5.26
12/15/0 F1 1 MAR 11 CBT BEAN MEAL 01 344.50 US 8.42
GLOBEX TRADE
APS TRADE
12/15/0 F1 1 MAR 11 ICEUS SUGAR11 06 31.03789470 US 8.11
APS TRADE
CERIFIED
16

Step 7
ACCOUNT NUMBER
DATE DEC 31, 2010
DATE AT LONG/BUY SHRT/SELL DESCRIPTION PRICE/LEGND CC DEBIT CREDIT
12/16/0 F1 1 1 MAR 11 ICEUS SUGAR11 06 31.10 US 69.56
ICE PLATFORM
12/16/0 F1 1 MAR 11 ICEUS SUGAR11 06 31 10 US 9.36
ICE PLATFORM
12/16/0 F1 RESIDUAL ON 0001-MAR 11 KC WHE 3.29
12/16/0 F1 RESIDUAL ON 0001-MAR 11 KC WHE US 7.89
12/16/0 F1 1 1 MAR 11 KC WHEAT 08 8 02 3/ US 425.00
GLOBEX TRADE
APS TRADE
12/16/0 F1 1 1 MAR 11 KC WHEAT 0 8.02 3/4 US 16.82
GLOBEX TRADE
APS TRADE
12/17/0 F1 RESIDUAL ON 0001-MAR 11 CBT BE US 8.42
12/17/0 F1 1 1 MAR 11 CBT BEAN MEAL 01 350.30 US 580.00
GLOBEX TRADE
APS TRADE
12/17/0 F1 1 MAR 11 CBT BEAN MEAL 01 350.30 US 8.42
GLOBEX TRADE
APS TRADE
12/27/0 F1 CK375 16 BRIAN SCHAD ( CHK ISS US 1,141.67
CHECK ISSUED
**USD-SEG 1.25 F1)** ** CONVERTED TOTAL *
BEGINNING BALANCE 50,825.28 50,825.28
THIS MONTH'S ACTIVITY 25.28- 825.28-
ENDING BALANCE 50 000.00 50,000.00
CERIFIED
ACCOUNT VALUE AT MARKET 50,000.00 50,000.00
CONVERTED MARKET VALUE 50,000.00 50,000.00
TOTAL COMMISSIONS 169.00- 169.00-
TOTAL CLEARING FEES 1.60- 1.60-
TOTAL EXCHANGE FEES 44.90- 44.90-
TOTAL REGULATORY FEES .26- .26-
TOTAL OTHER FEES 6.60- 6.60-
*** CURRENT MONTH *** *** YEAR-TO-DATE ***
FUTURES PROFIT/LOSS US 316.39 26,141.67
17