My month to date results for February 2007:

# closed winning trades : 3

# closed losing trades : 0

Net monthly profit % :  +42.5%

Current drawdown : 0% (at new equity peak)

After a week with no trading, the Cable Glider entered and exited three trades this week, and all were winners.  I did particularly well entering short after Thursday morning’s Bank of England interest rate policy meeting.  The trade that I entered on Thursday and exited on Friday marks the first time that a single forex trade has netted me a profit in excess of $10,000.

This is the first time that I’ve caught a really big trend following trade since November 2006.  It’s immensely gratifying to see the system succeed, and yet, as it succeeds, I must continually re-train my brain to prepare for ever greater losses as well…such is the nature of the game.  It will only be a matter of time before the first 5 – digit loss hits.  Times like these, when the system is at a new high and all seems well, are the best times to remind myself to stay humble, and stick with the system, which should have the ability to successfully weather future drawdowns, so that someday I’ll be able to report the first six-figure gainer. :-)