Update for 20101015

Ugggggh. Times like these when this job isn't very fun at all. No trades today (a few close setups but nothing fit exactly like I like it). Half-way through October, only thing for certain is that I'll take more trades as they show up!

Down 15.2% month-to-date

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

Update for 20101014

Lady (un)luck isn't letting up! More losses, and I missed a winner (away from my desk). Just watched an almost-valid trade setup hit what would have been profit, so that stings a little too, but I just have to remember all of the almost-valid trade setups that I've seen throughout live trading and back testing that were just flat out awful.

Still have half the month to go and two more quarters to dig myself out of this hole!

Down 15.2% month-to-date

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

Update for 20101012

I just got back from vacation (which was excellent), and I have been getting KILLED since October started! Only 1 winner with 10 losses so far, and I missed the winner and 3 of the losers (vacation and away from the screen). It's pretty depressing, but I'm obviously still in the game and have the future to look forward to.

Down 12.4% month-to-date

Up 7.4% since inception (4/19/2010)

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)