Rsmereka Trading Journal - Page 98 - Pip Cop

**rsmereka** · 2011-08-05, 06:55 PM

It was another very good week trading my live/real money account. Results:

Account performance, all EA's
total trades: 5
won: 5
lost: 0
net profit: $2829.96
roi: 10.24%
pips: 556.6
Performance of EA Genial Invest
total trades: 5
won: 5
lost: 0
net profit: $2829.96
roi: 10.24%
pips: 556.6

I have now completed two full months trading with Genial Invest for an average of 94.64% return per month gross and an average return of 66.25% per month net (after paying Genial Invest 30%). To say these are impressive results is a gross understatement.

Rick

**rsmereka** · 2011-08-12, 06:28 PM

It was yet another good week trading my live/real money account. Results:

Account performance, all EA's
total trades: 6
won: 6
lost: 0
net profit: $3254.09
roi: 10.68%
pips: 636.9
Performance of EA Genial Invest
total trades: 6
won: 6
lost: 0
net profit: $3254.09
roi: 10.68%
pips: 636.9

Rick

**rsmereka** · 2011-08-19, 06:38 PM

It was another good week trading my live/real money account. Results:

Account performance, all EA's
total trades: 11
won: 11
lost: 0
net profit: $2412.32
roi: 7.16%
pips: 944.9
Performance of EA Genial Invest
total trades: 11
won: 11
lost: 0
net profit: $2412.32
roi: 8.4%
pips: 944.9

Rick

**rsmereka** · 2011-08-26, 06:37 PM

It was another good week trading my live/real money account. Genial Invest return was the lowest I have yet seen for any week, but it's better than taking a loss. Results:

Account performance, all EA's
total trades: 11
won: 7
lost: 4
net profit: $1089.66
roi: 3.52%
pips: 458.6
Performance of EA Genial Invest
total trades: 11
won: 7
lost: 4
net profit: $1089.66
roi: 3.52%
pips: 458.6

Rick

**rsmereka** · 2011-09-01, 08:57 AM

It was another good month trading my live/real money account. Genial Invest continues to chalk up those pips. Results:

Account performance, all EA's
total trades: 42
won: 34
lost: 8
gross profit: $10,218.82
net profit: $8,925.12
gross roi: 36.99%
net roi: 32.31%
pips: 2,845.5
Performance of EA Genial Invest
total trades: 42
won: 34
lost: 8
net profit: $10,218.82
roi: 36.99%
pips: 2,845.5

The difference between gross and net profit and roi values is the 30% I have to pay Genial Invest. Since I paid the commission

bill on Aug 8, there was only $1293.70 in commission

owing at the end of this month. This is why the gross and net roi values are so close together.

Genial Invest stats to date:

trades: 149
won: 126
lost: 23
win rate

: 84.56%
total pips: 9,105.8
avg pips per trade: 61.1
gross profit: $28,032.16
avg gross profit per trade: $188.14
commission

: $8,409.65
avg commission

per trade: $56.44
net profit: $19,622.51
avg net profit per trade: $131.69

-roi calculated from the balance as at Jun 7 ($10,899.56, Genial Invest start date). This is how MyFXBook calculates return

gross roi: 257.19%
gross month avg roi: 85.73%
net roi: 180.03%
net month avg roi: 60.01%

-roi calculated from the balance as at the start of the month:

Code:

Month Gross       Net
  Jun 48.15%      33.71%
  Jul 73.79%      51.65%
  Aug 36.99%      32.31%

Averaged over three months: gross 52.98%, net 39.22%

I am very pleased with these results

Rick

**rsmereka** · 2011-09-02, 06:49 PM

It was a good but fairly quiet week trading my live/real money account. Results:

Account performance, all EA's
total trades: 9
won: 5
lost: 4
net profit: $632.79
roi: 1.96%
pips: 248.5
Performance of EA Genial Invest
total trades: 9
won: 5
lost: 4
net profit: $632.79
roi: 1.96%
pips: 248.5

Rick

ggekko · 2011-09-05, 02:55 PM

I can't wait to start using Genial Invest' services. Those types of monthly returns are something to dream of. Thanks for keeping up posted rsmereka!

**rsmereka** · 2011-09-05, 05:17 PM

Quote:

Originally Posted by ggekko

I can't wait to start using Genial Invest' services. Those types of monthly returns are something to dream of. Thanks for keeping up posted rsmereka!

Hello and Welcome,

You are very welcome. There is a lot of misinformation, Internet trolls spreading their FUD everywhere. The aim of places like Pipcop is to show you the facts and let you decide for yourself.

Rick

**rsmereka** · 2011-09-09, 07:54 PM

Another good week trading my live/real money account. Results:

Account performance, all EA's
total trades: 14
won: 10
lost: 4
net profit: $2394.79
roi: 7.29%
pips: 942.2
Performance of EA Genial Invest
total trades: 14
won: 10
lost: 4
net profit: $2394.79
roi: 7.29%
pips: 942.2

Rick

**rsmereka** · 2011-09-11, 01:40 PM

In view of Genial Invest's declining return each month and their hold and pray strategy, I will be drastically reducing my investment and risk in this strategy.

As soon as the current open basket has closed I will:

1. Withdraw all excess funds over 10K
2. Reduce my risk to normal (1)

If I were you, I would also greatly reduce my investment and risk in Genial Invest. In the future, if things change, I will re-asses.

The second part of these changes is that I will take the funds withdrawn from my Alpari UK account where Genial Invest runs and:

1. Deposit these funds into my GoMarkets account
2. Put Forex Hacked on this account at my usual fixed lot of 5K per micro (0.01) but keep in mind that my GoMarkets account is based on AUD not USD so 5K AUD per micro will translate to less risk than 5K USD per micro. I will use the same set file running Forex Hacked that I have been using on my demo account for many months now. That set file is in post #1 of the Forex Hacked review here.

Rick