Fri 6 Apr 2007
Cable Glider Forex System Results as of April 6th, 2007
Posted by Ed Mamula under Forex Trading Results , NarrativesMy month to date results for April 2007:
 # closed winning trades : 1
# closed losing trades :Â 2Â
Net monthly profit (loss)%Â :Â 2.9%
A fairly uneventful week for the Cable Glider. This morning I did not have my computer set up properly and I missed entering short at 9AM; I did so at 9:10 AM, and luckily the price had only moved 5 pips lower. The bad thing is that the trade was closed at a 4 pip loss, so the trading record for this month is 1 win and 2 losses, instead of 2 wins and 1 loss…mind you, that second win would only have been one pip!Â
To recap the week then, my manual override followed by my Friday morning “slippage” had a net positive effect of approximately $3000 in my account, and I do believe that I will be slightly modifying the system later this month to remove unnecessary stop losses and unprofitable entry filters. Anytime I can REMOVE things from the system and improve its results, that’s always a good thing.Â
I’m glad to have escaped this holiday week with a small profit, and I’m eagerly awaiting Monday’s action, given the fact that the US stock market was closed today.
