Trading Strategies Live Training Room Performance for the period Jan - Jun 2011. The story so far updated

Since the last update the markets continue to "act strange" and I've lost count of the number of time that I've commented on it. Particularly in the last 4-6 weeks and are still moving from one extreme to the other from almost dead as a Dodo to a Mad Dog movement in a very short space of time.

Some of these movements and the performance results below, I feel, don't give an accurate representation of what actually happened in real time. Certainly looking back at the results its easy to say that "I'm doing well enough" but the reality of trading through what I'm considering to be quite tough conditions at the moment is a very different story.

For example if you look back at EURUSD movements for the week starting the 27th June you would be thinking "a nice good solid movement", the reality of trading that movement was slow and erratic as highlight by several bars with "spikey price action"

All in all it really is the result at the end of the week month and quarter that matters and personal experiences and reservations about market conditions aside the strategy is pulling pips out of these erratic market conditions when many others are having a really tough time and you only have to look at some of the hedge fund figures or community trading sites to see that its not everyone is having a great time.

Over all while the performance is not near what I have become accustomed to seeing, the result speak for themselves and the strategy continues to hold up in real time market conditions which is all that matters

As a point of interest if you look at the above monthly figures you will see pretty much wheat is generally accepted with nearly all strategies and market conditions. Which is that the 1st and 3rd quarters of the year generally perform better than the 2nd and 4th.

Looking at the chart above you can see that the 1st quarter did indeed perform better than the 2nd quarter of the year and assuming that this "general theme" for performance continues the next few months could be very interesting.

Finally you will note a -95 for July above as well. This is reported as there has only been a couple of days of trading in July as there was an overlap from one month to the next in the week commencing 27th June in the chart below. So to keep it all tidy I've added the 1 day of trading in July above as it is included in the figures below in the week by week summary.

Notes

1. Results are compiled to reflect multiple lot trading and scale outs. A gain would be compiled; +20 + 40 +60 = +120. A loss would be compiled; -20 -20 -20 = -60. Net pips if these were the only two trades for the week would be +60
2. Trading for me is between 6am and 6pm.
3. Lunch breaks in the LTR are between 11:00 and 13:15 with at least 30/40 mins away from screen normally between 11:00-12:00 depending how the charts are unfolding.
4. Pre-news rule applied 3 times a month where there are no new trades initiated.
5. UK and US holidays are usually not traded.

DISCLAIMER

I'm producing this overview solely for my own benefit to help me identify that my system is performing as expected and in line with the historical back testing.

THIS IS NOT A SIGNAL SERVICE. NO TRADING ADVICE OR RECOMMENDATION TO TRADE IS GIVEN. THE INFORMATION PRESENTED HERE IS A REPRESENTATION OF THE AUTHORS VIEWS. 

Trading of securities, options, futures, and forex may not be suitable for everyone and involves the risk of losing part or all of your money. This service is educational in nature and is designed to contribute to your understanding of technical analysis. Use it how you want and at your own risk. We are not registered investment advisers. This information is a general publication that reflects our own opinions and is not a specific recommendation to any one individual. You must consult your own broker or investment advisor for investment advice. Past performance is not a guarantee of future success. Controlling risk through the use of protective stops is essential.

Additional Warning

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