Sat 15 Sep 2007
Cable Glider Forex System Results as of September 14, 2007
Posted by Ed Mamula under Forex Trading Results , Narratives# closed winning trades : 2
# closed losing trades : 2
Net monthly return on risk capital : (11.3%)
Well the Cable Glider hit a snag this week, and now I’m in the hole for the month. It feels worse than it is, because I had mentally “cashed the check” after a small gain on Thursday morning…I thought that no more trades would be triggered, but sterling shot up and back down again with a few hours left to go on Thursday afternoon, leaving a Cable Glider max loss trade in its wake. To add insult to injury, Cable Glider was idle on Friday, a day in which we saw a nice trend move to the downside. So perhaps all that good luck that I was experiencing is starting to swing back to the middle ground.
On another note, the tests of the Euro system continue. It showed me one win and no losses this week, but I’m trading it at a size that is insignificant to my overall results.Â
