# winning trades (CG/ER) : 2/0

# losing trades (CG/ER) : 1/0

CG Return: 1.1%

Hedge (ER) Return: 0%

Total Return Month to Date: 1.1% 

Well, as I mentioned in prior posts, I have turned down my risk levels considerably.  The trading conditions for Cable Glider (the trend follower) continue to be poor, but the conditions for the Euro Ranger (the mean reversion “overshooter”) continue to be favorable.  Again, I did not trade the Euro Ranger live this week, only the Cable Glider. 

My state of mind has not yet “normalized” and I’m still very much afraid to trade.  When I look at it objectively, I see three terrible weeks for Cable Glider at the beginning of the year, followed by three profitable weeks that I have not fully participated in.  It also appears that as volatility continues to be high, my volatility breakout entries in Cable Glider are not working well.  All the while, the Euro Ranger, which I don’t “like”, has had one of its best runs in recent memory.  So my tasks remain the same.  I need to find a level of risk that I am comfortable taking, I need to allocate my funds “smartly” between my two systems, and I need to “unmarry” my mind from the idea that the Cable Glider approach is better than the alternative…clearly, there is a season for all styles of trading.