Live Trading Room Performance

All Trade have been witnessed and detailed in real time.

The figures are from August 2007 which is when the Live Training Room started to December 2008

In an effort to more accurately represent the trading figures the first two charts now show the results If you had traded with only 1 lot. This figure is taken from the entry to the exit without any scaling out which is my normal practice.

The following two charts show the total pips gained using my normal scale out practice of taking a smaller profit on 2/3rds of the position and running the last 1/3rd of the position to a larger profit.

Notes 

1. Feb '08 only saw 3 weeks of trading 
2. March only 2 days due to my wedding and honeymoon.
3. July saw only 3 week trading due to a 1 week break

Additional 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 11:00and 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

Foreign exchange transactions carry a high degree of risk and any transaction involving currencies is exposed to, among other things, changes in a country's political condition, economic climate, acts of nature - all of which may substantially affect the price or availability of a given currency. Speculative trading in the foreign exchange market is a challenging prospect where above average returns are accessible to those with the experience and knowledge to assume above average risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to entering this market. Most importantly, do not invest money that you are not in a position to lose. In addition, trading on a margin basis means that any market movement will have a proportionate effect on your deposited funds. This can work for you as well as against you. The possibility exists that you could sustain a total loss of initial margin funds. It is encouraged that you employ such risk-reducing strategies as 'stop-loss' or 'stop-limit' orders. There are also risks associated with utilizing an Internet-based trade execution software application including, but not limited to, the failure of hardware and software.