 Apr 20-24 Results
It was a good trading week for me and my live account. I am still trying to recover from the big loss on Apr 13. The best day this week for me was yesterday despite the fact that FAP Turbo started loosing late in the trading session. My demo account took a big hit since it is set up to use very high risk.
Week: $197.32 profit, 4.4% ROI, $39.46/day
After the near miss yesterday with FAP Turbo, I think I have learned my lesson about risk not being any more than 3%. I have changed the risk on all live account pairs/EA's to 3%.
The GBPUSD mechanical system I have been trading since Feb 11 is showing very good promise. I have been trading this system in my demo account since Apr 13. During the time trading in my demo account, this system has 2 wins and 2 losses for an 80 pip gain. At month end wrap up next Fri, I will report on 3 months trading with this system. My plans are to introduce this system into my live account at week start of trading on Sunday May 10.
Rick |