Factor LLC 5/31/2018

Model Tracking Account Trade History and Portfolio

Constant nominal capitalization: $100,000
(See disclaimers and notes below)
Entry Pattern Exit
Stop Capital to Value of trade
Market Date L/S Price Size Initial stop BP risk Current Stop Date ∆ Target Weekly Daily Date Price Net carry trade (entry)

Positions open as of 12/30/17

GEZ18-GEH0 Euro spread 10/23/17 L 26.0 1 15 close 62 Exit 1/5 88.00 6-yr cycle 8-Jan 20.0 $ (155.00) Closed -
EUR/JPY EUR/JPY 12/20/17 L 134.624 30k 133.47 30 134.76 1/4 137.24 14-wk rectangle 14-week rectangle 9-Jan 134.758 $ 35.00 Closed -
ESU8 EuroSwiss 12/21/17 S 100.65 1 NA NA Mkt 3/2 100.28 3-year desc tri 2-Mar 100.71 $ (170.00) Closed -
SGG Sugar ETN 12/27/17 L 30.35 300 28.97 41 29.97 1/7 37.34 6-mo sym tri 6-mo sym tri 8-Jan 29.81 $ (167.00) Closed -
USD/CAD USD/CAD 12/28/17 S 1.26340 30k 1.27370 24 1.2703 12/29 1.2432 10-wk rectangle 10-wk rectangle 5-Jan 1.2432 $ 488.00 Closed -
USD/CAD USD/CAD 12/28/17 S 1.26340 30k 1.27030 11 1.2568 1/5 1.1739 r 10-wk rectangle 10-wk rectangle 10-Jan 1.25678 $ 158.00 Closed -
DXH8 US Dollar 12/28/17 S 92.290 1 92.720 43 92.140 1/12 90.210 14-wk H&S 14-wk H&S 15-Jan 90.210 $ 2,075 Closed -
EXU8 EuroStoxx 50 12/29/17 S 3513 1 3541 34 3512 1/3 3436 8-wk rectangle 8-wk rectangle 4-Jan 3513 $ (14.00) Closed -
ZXH8 FTSE 100 12/29/17 L 7585.0 1 7517.0 94 7619.00 1/22 7944.0 17-year asc tri 6+mo sym tri 24-Jan 7618.5 $ 466.00 Closed -
Total -- Carry in positions $ 2,716 $ -

2018 forex roll charges and FX losses on foreign margin deposits; day trade P/Ls on repositioned trades $ (977)
ETH Ethereum 1/1/18 L 780.57 4 719.47 24 799.87 1/4 1086.87 Major bull trend 2-wk flag 7-Jan 1086.87 $ 1,205 Closed -
ETH Ethereum 1/1/18 L 780.57 3 719.47 18 Mkt 1/4 1086.87 Major bull trend 2-wk flag 4-Jan 996.84 $ 634 Closed -
N225MH8 Osaka Nikkei 1/4/18 L 23105 1 22685 72 23495.0 1/25 24825 r Major bull trend 10-wk asc tri 29-Jan 23495 $ 349 Closed -
N225MH8 Osaka Nikkei 1/4/18 L 23105 1 22685 72 23730.0 1/9 24015 Major bull trend 10-wk asc tri 10-Jan 23725 $ 547 Closed -
EUR/USD EUR/USD 1/8/18 L 1.19660 30k 1.18350 40 1.22740 1/24 1.2485 January Effect lo Retest 13-wk sym tri 25-Jan 1.24848 $ 1,556 Closed -
EUR/USD EUR/USD 1/8/18 L 1.19660 30k 1.18350 40 1.22820 1/31 Open January Effect lo Retest 13-wk sym tri 7-Feb 1.22817 $ 947 Closed -
GEZ21 Eurodollars 1/9/18 S 97.44 1 97.53 22 97.165 2/2 Open r 9-mo H&S 9-mo H&S 5-Feb 97.165 $ 683 Closed -
GEZ21 Eurodollars 1/9/18 S 97.44 1 97.53 22 97.240 1/30 97.03 r 9-mo H&S 9-mo H&S 2-Feb 97.03 $ 1,020 Closed -
GEZ21 Eurodollars 1/9/18 S 97.44 1 97.53 22 97.165 1/30 Open r 9-mo H&S 9-mo H&S 5-Feb 97.165 $ 683 Closed -
GLD Gold ETN 1/12/18 L 126.33 100 123.87 25 126.17 1/30 147.92 Possible 2-yr sym tri Possible 2-yr sym tri 2-Feb 126.17 $ (21) Closed -
AAPL Apple 1/16/18 L 177.51 150 174.19 50 174.97 1/19 185.48 11-wk rectangle 11-wk rectangle 24-Jan 174.96 $ (388) Closed -
ETH Ethereum 1/16/18 L 1061.23 3 942.97 A 36 1019.84 A 1/16 TBD Major bull trend Retest trendline 16-Jan 1019.79 $ (139) Closed -
GDXJ Jr. Gold Miners 1/24/18 L 35.69 250 33.79 50 33.88 1/25 48.87 Poss 5-yr H&S 13-mo sym tri 29-Jan 33.87 $ (450) Closed -
ZCN8 Corn 1/24/18 L 3.7250 1 3.655 37 3.7950 2/23 3.875 5-mo wedge 5-mo wedge 1-Mar 3.875 $ 745 Closed -
FXI China Fund ETF 1/25/18 L 52.54 150 48.29 63 Mkt 2/2 71.74 10-yr sym tri 2-Feb 51.53 $ (157) Closed -
YTH8 Aussie 3-yr 1/26/18 S 97.73 1 97.85 27 97.81 1/31 97.35 3-yr H&S top 1-Feb 97.81 $ (208) Closed -
YTH8 Aussie 3-yr 1/26/18 S 97.73 1 97.85 28 97.35 3-yr H&S top 6-Feb 97.85 $ (322) Closed -
ZXH8 FTSE 100 1/26/18 L 7617.0 1 7551.0 77 7576.5 1/29 7944.0 17-year asc tri 6+mo sym tri - reentry 30-Jan 7576 $ (590) Closed -
ETH Ethereum 1/27/18 L 1110.42 6 1039.82 43 1123.87 1/29 1329.5 Major bull trend 3-wk pennant 29-Jan 1123.86 $ 76 Closed -
GEZ21 Eurodollars 1/29/18 S 97.20 2 97.255 27 97.22 1/31 97.11 9-mo H&S Pennant 1-Feb 97.11 $ 440 Closed -
PSQ QQQ ETF 2/2/18 L 33.23 300 32.58 20 32.89 2/2 34.86 Micro H&S Micro H&S 5-Feb 34.86 $ 484 Closed -
SSGG8 Singapore Indx 2/5/18 L 394.30 1 392.8 25 489.8 7-yr rectangle Retest 5-Feb 392.7 $ (242) Closed -
KW3N8 KC Wheat sprd 2/5/18 L 4.870 1 465 110 4.945 2/9 5.32 r 17-wk H&S bottom Retest gap 28-Feb 5.32 $ 2,245 Closed -
XW3H8 Mini Chi sprd 2/5/18 S 4.40 2 See above -40 See above Hedge Hedge for KW 28-Feb 4.8525 $ (915) Closed -
ZNH8 T-Notes 2/6/18 S 122^15 1 123^05 69 121^035 2/22 115^06 6+ yr dbl top Retest 1-Mar 121^04 $ 1,339 Closed -
GEZ1 Eurodollars 2/7/18 S 97.12 2 97.23 54 97.06 2/16 96.51 Poss 2-yr fail top Shake out re-entry 23-Feb 97.06 $ 290 Closed -
LTC/USD Litecoin-gdax 2/9/18 L 152.07 12 133.79 25 154.32 2/10 254.29 9-wk wedge 9-wk wedge 10-Feb 154.31 $ 27 Closed -
ZMN8 Soy Meal 2/12/18 L 359.7 1 347.8 120 368.2 2/22 392.4 19-mo common Breakaway gap 28-Feb 392.4 $ 3,265 Closed -
XSN8 Mini Beans 2/12/18 S 10.215 2 See above -42 Hedge Hedge for ZM 28-Feb 10.64 $ (860) Closed -
LTC/USD Litecoin-gdax 2/12/18 L 159.27 20 140.19 25 210.58 2/16 254.29 9-wk wedge 9-wk wedge 21-Feb 210.56 $ 1,021 Closed -
LTC/USD Litecoin-gdax 2/13/18 L 164.11 20 151.78 25 219.92 2/20 349.47 9-wk wedge 9-wk wedge 20-Feb 219.91 $ 1,106 Closed -
BTC/USD Bitcoin 2/14/18 L 9102.11 0.3 8444.87 20 Mkt 2/16 11534.82 2-mo wedge 2-wk H&S 19-Feb 11411.33 $ 683 Closed -
 Entry Pattern Exit
Stop Capital to Value of trade
Market Date L/S Price Size Initial stop BP risk Current Stop Date ∆ Target Weekly Daily Date Price Net carry trade (entry)
BTC/USD Bitcoin 2/14/18 L 9102.11 0.3 8444.87 20 9653.87 2/16 11534.82 2-mo wedge 2-wk H&S 20-Feb 11534.82 $ 720 Closed -
GEH20 Eurodollars 2/14/18 S 97.195 1 97.28 24 97.205 2/23 96.84 26-mo fail top 2-wk pennant 26-Feb 91.205 $ (30) Closed -
LCFK8 Robusta Coffee 2/14/18 L 1782 1 1759 23 1769 2/15 1877 10-yr sym tri 12-wk rounding 16-Feb 1768 $ (150) Closed -
LCFK8 Robusta Coffee 2/14/18 L 1782 1 1748 34 1774 2/15 1877 10-yr sym tri 12-wk rounding 15-Feb 1774 $ (90) Closed -
USD/JPY USD/JPY 2/21/18 S 107.798 60k 108.81 57 107.11 3/12 101.11 r 10-mo rectangle Hard retest 13-Mar 107.112 $ 385 Closed -
USD/CNH USD/CNH 3/1/18 L 6.3564 50k 6.3169 30 6.3296 3/1 6.4928 Retest of bottom 5-wk bottom 2-Mar 6.3294 $ (213) Closed -
GBP/CHF GBP/CHF 3/2/18 S 1.2922 40k 1.3021 43 1.3002 3/2 1.2478 Poss 7-yr rectangle 4-mo H&S 5-Mar 1.3003 $ (426) Closed -
LUZ8 EuroSwiss 3/2/18 S 100.66 1 NA NA 100.21 3-year+ desc tri $ (228) $ 371 NA
QQQ Nasdaq ETF 3/9/18 L 171.86 100 168.88 30 Mkt 3/13 188.94 7-wk Cup and Handle 13-Mar 171.70 $ (21) Closed -
QQQ Nasdaq ETF 3/9/18 L 171.86 100 168.88 30 Mkt 3/16 188.94 7-wk Cup and Handle 16-Mar 171.02 $ (89) Closed -
USD/TRY USD/TRY 3/12/18 L 3.8361 50k 3.8034 43 3.8939 3/22 3.9794 r Poss 14-mo C&H 12-wk H&S closing 23-Mar 3.9794 $ 1,802 Closed -
USD/TRY USD/TRY 3/13/18 L 3.8543 40k 3.8329 23 3.8527 3/19 3.9285 Poss 14-mo C&H 12-wk H&S closing 19-Mar 3.9284 $ 751 Closed -
YGJ8 Mini Gold 3/16/18 S 1311.80 1 1320.1 27 1261.3 Failure at NL 8-wk desc tri 21-Mar 1320.3 $ (278) Closed -
DOG Short DJIA ETF 3/19/18 L 14.88 700 14.54 24 Mkt 3/22 15.72 7-wk sym tri bottom 22-Mar 14.93 $ 30 Closed -
DOG Short DJIA ETF 3/19/18 L 14.88 700 14.54 24 Mkt 3/22 15.72 7-wk sym tri bottom 22-Mar 14.93 $ 30 Closed -
NZD/USD NZD/USD 3/20/18 S 0.7184 60k 0.7252 40 0.6981 8-wk sym tri 8-wk sym tri 22-Mar 0.72527 $ (412) Closed -
GEH20 Eurodollars 3/20/18 S 97.070 1 97.135 17 97.11 3/21 95.93 30-mo fail top 4-wk cont H&S 22-Mar 97.11 $ (105) Closed -
GEH20 Eurodollars 3/20/18 S 97.070 1 97.11 15 96.905 30-mo fail top 4-wk cont H&S 22-Mar 97.11 $ (105) Closed -
YMM8 Mini Dow 3/22/18 S 24473 1 24656 90 24021 4/3 23165 Parabolic top 6-wk wedge retest 4-Apr 24022 $ 1,799 Closed -
JNEM8 Mini Osaka 3/23/18 S 20760 1 20910 14 20820 3/26 19410 7-wk desc triangle 27-Mar 20825 $ (72) Closed -
JNEM8 Mini Osaka 3/23/18 S 20760 1 21105 33 20820 3/26 Open 7-wk desc triangle 27-Mar 20825 $ (72) Closed -
USD/TRY USD/TRY 3/23/18 L 3.9604 50k 3.9274 40 3.9482 4.572 r 14-mo cup & handle Retest 29-Mar 3.9481 $ (156) Closed -
ZMN8 Soy Meal 3/28/18 L 372.1 1 368.8 33 Mkt 4/4 407.8 19-mo common Reaction - no pattern 4-Apr 376.8 $ 465 Closed -
G6M8 Mexican Peso 3/29/18 L 0.05433 1 0.05352 41 Mkt 4/6 0.05639 Poss 28-mo H&S 6+ mo H&S/8-wk tri 6-Apr 0.05397 $ (185) Closed -
USD/TRY USD/TRY 4/3/18 L 3.98570 40k 3.9429 42 4.38190 5/17 4.5719 r 14-mo cup & handle Seconary recompletion 21-May 4.5719 $ 5,126 Closed -
ZMN8 Soy Meal 4/9/18 L 391.2 1 388.2 30 388.7 4/10 424.4 Major bull trend 5-wk pennant 10-Apr 388.6 $ (265) Closed -
ETH Ethereum 4/12/18 L 435.26 5 406.74 15 479.78 4/18 628.88 r Retest of asc tri Common bottom 22-Apr 628.88 $ 963 Closed -
ETH Ethereum 4/12/18 L 435.26 5 406.74 15 569.34 4/25 743.44 Retest of asc tri Common bottom 3-May 743.44 $ 1,534 Closed -
6GM8 Mexican Peso 4/13/18 L 0.05474 1 0.05407 34 0.05454 4/18 0.05639 Poss 28-mo H&S Poss 6+ mo H&S 19-Apr 0.05453 $ (110) Closed -
YIM8 Mini Silver 4/18/18 L 16.955 1 16.645 30 16.89 4/20 20.79 Poss 9-mo sym tri 10-wk rectangle 23-Apr 16.887 $ (73) Closed -
YIM8 Mini Silver 4/18/18 L 16.955 1 16.645 30 16.89 4/20 20.79 Poss 9-mo sym tri 10-wk rectangle 23-Apr 16.887 $ (73) Closed -
GEZ20 Eurodollars 4/20/18 S 96.95 1 97.04 22 96.89 5/16 96.36 28-mo fail top 2-wk pennant 23-May 96.89 $ 145 Closed -
GEZ20 Eurodollars 4/20/18 S 96.95 1 97.04 22 97.01 4/26 96.36 28-mo fail top 2-wk pennant 4-May 97.01 $ (155) Closed -
DXM8 US Dollar Index 4/23/18 L 90.445 1 89.995 45 90.44 4/26 92.38r 13-wk comp. fulcrum 13-wk comp. fulcrum 2-May 92.38 $ 1,930 Closed -
AUD/USD Aussie $ 4/24/18 S 0.7594 50k 0.7686 45 0.7577 5/16 0.7177 27-mo channel 21-May 0.75772 $ 84 Closed -
ZCN8 Corn 4/25/18 L 3.935 1 3.890 25 3.985 5/3 4.180 Major bull trend 7-wk asc tri 057 11-May 3.985 $ 245 Closed -
ZWN8 Wheat 4/30/18 L 5.070 1 4.960 55 5.0875 5/3 5.545 Major bull trend 11-wk sym tri 9-May 5.085 $ 70 Closed -
ZMN8 Soy Meal 5/1/18 L 394.7 1 388.9 58 391.3 5/3 427.3 Major bull trend 9-wk asc triangle 7-May 391.2 $ (355) Closed -
LCFN8 London Coffee 5/2/18 L 1793.0 1 1748.0 44 1779.0 5/4 1897.0 5-mo fulcrum 5-mo fulcrum 8-May 1779 $ (148) Closed -
ETHUSD Ethereum 5/2/18 L 707.13 10 669.8 38 708.88 5/4 Bull trend 2-wk pennant 7-May 708.87 $ 13 Closed -
QQQ Nasdaq ETF 5/10/18 L 168.45 150 164.49 60 166.77 5/16 188.24 4+ mo H&S fail 4+ mo H&S fail $ 243 $ 25,268 $ 25,268
ZNM8 T-Notes 5/15/18 S 119^03 1 119^11 50 119^01 5/18 118^14 6+ yr fail top 3-wk H&S 23-May 119^01 $ 58 Closed -
ZNM8 T-Notes 5/15/18 S 119^03 1 119^11 50 118^27 5/18 Open 6+ yr fail top 3-wk H&S 18-May 118^27 $ 245 Closed -
YGM8 Mini Gold 5/15/18 S 1302.40 1 1315.10 42 1297.30 5/23 1251.30 19-wk common turn 19-wk common 24-May 1297.5 $ 153 Closed -
RTYM8 Russell 2000 5/16/18 L 1612.60 1 1597.70 77 Mkt 5/29 16-wk asc tri 16-wk asc tri 29-May 1615.2 $ 125 Closed -
MWEN8 Mpls Wheat 5/22/18 L 6.285 1 6.175 55 6.265 5/25 6.940 Historical support 7-wk sym tri bottom 29-May 6.2625 $ (118) Closed -
RTYM8 Russell 2000 5/30/18 L 1628.7 1 1617.3 62 1629.4 6/1 1749.4 16-wk asc tri Seconary recompletion $ 460 $ 3,465 $ 81,435

Trades as of $ 30,240 $ 29,104 $ 106,703

 Entry Pattern Exit
Stop Capital to Value of trade
Market Date L/S Price Size Initial stop BP risk Current Stop Date ∆ Target Weekly Daily Date Price Net carry trade (entry)
Indicates open position value as of 5/31/2018 Levered at 1.07
PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE Margined at
r = revised RO = Rollover A = Alert
The Factor Service $100,000 Tracking Account represented herein is a proxy representation of the trading executed by Peter Brandt for the Factor LLC's proprietary trading accounts. There are some major differences between the trading activity conducted in the Factor Service $100,000 Tracking Account
and trading in the Factor LLC’s proprietary accounts. Peter’s trade sizing and trade management tactics in the proprietary account is sized and managed per $1MM of proprietary capital. There may be trades Peter believes are not suitable for a $100,000 block of capital, and these trades are not executed
in the Factor Service $100,000 Tracking Account. Factor LLC’s proprietary account trades multiple contract trades wherein Peter layers into and out of a position at different prices and on different dates. The Factor Services $100,000 Tracking Account most often holds a single futures contract in a trade
whereby layering is not possible. Factor LLC’s proprietary accounts may also pyramid some trades not pyramided in the Factor Service Tracking Account. Because the Factor Service Tracking Account represents how Peter would trade a $100,000 block of capital in contrast to the actual trading of Factor
LLC’s proprietary account, the Factor Tracking Account should be considered as hypothetical. Hypothetical trading performance is subject to the following disclaimer required by the Commodity Futures Trading Commission.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-
OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY
ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.