Monday, November 1, 2010

Update for 20101031

Unfortunately after a brief equity uptick since the last blog update, I ended October with the largest monthly loss I've encountered so far. It was also the largest monthly loss encountered through all of the backtesting I performed prior to going live.

I did screw up on one trade and accidentally buy USD/CHF when I meant to buy EUR/USD. I closed the trade as soon as I realized the error and entered a limit order for the correct trade I should have taken, after I confirmed that had I taken the correct trade to begin with it would still have been "alive" (not hit TP or SL levels).

Down 17.3% month-to-date
Up 1.4% since inception (4/19/2010)

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