Update for 2010 Q3

I closed out the month and quarter at an all-time equity high! I will be distributing the planned allowance (to live off of during next quarter) for myself from the trading account, because my gains this quarter (including estimated taxes) less the allowance still have me above my starting equity. Feels good man.

Up 11.7% month-to-date

Up 22.8% since inception (4/19/2010)

Update for 20100928

New equity high today, but I'm scared that it'll all be thrown away in the last two days of the trading month. I don't know, and neither does the market. Take everything it gives you.

Up 11% month-to-date

Up 21.8% since inception (4/19/2010)

Update for 20100924

What a boring week! Sure, there were new record lows in USD/CHF and EUR/USD made some new swing highs, but I didn't make any money off of them, due to how this trading system takes "pot shots" at the market and exits quickly. I only had two trades this week, both losers.

September will wrap up next Thursday, bringing a close to another quarter. I'm very close to being able to pay myself this quarter, so here's hoping!

Up 1.5% month-to-date

Up 11.4% since inception (4/19/2010)

Update for 20100917

Slightly up week brings me close to another equity high! One discouraging thing appears in the chart below. This is Oanda's "min/max" chart which I guess shows the min/max prices that trades were executed at for that bar. The bid broke above my TP level (748 and 747 with TP at 744) on a long position twice without the trade closing out. The trade eventually hit profit, but not without a little extra drawdown. This happened in my favor previously with a trade's bid not executing at its SL level, then going on to hit take profit.

Up 6.3% month-to-date

Up 16.6% since inception (4/19/2010)

Update for 20100910

One win to start the week, a loser, and a missed a losing trade entry today (sleep schedule is off) gave me a new equity high and then bumped me back down to the old equity high! I'm stoked about that; however, I still worry about the system's performance. I've added a theoretical return curve along with my actual equity curve in the graph below. Theoretical = every trade setup taken and executed as it would have been live (this counts all missed entries, all entries on vacation days, etc.) I won't post the curve with that line every time.

Up 4.7% month-to-date

Up 15% since inception (4/19/2010)

Update for 20100903

Two winners today going into a long weekend of rock climbing. Dangerously close to a new equity high ;) Feels good.

One of my profits today was hit during NFP/unemployment news. It was my first major slippage (> 1pip) with OANDA, and it was 3 pips in my favor. Contract size was a little over 5 standard lots. Some might think that I should have closed the position before the news hit, but I told myself I would only exit open trades without a reversal signal ahead of interest rate decisions.

Up 4% month-to-date

Up 14.2% since inception