Wed 8 Jul 2009
Forex / Futures Systems Results for July 8, 2009
Posted by Ed Mamula under Forex Trading Results , NarrativesResults since last update (2 weeks):
Cable Glider — 1 win, 0 losses, 1 missed win
Euro Ranger — 1 win, 0 losses, 1 missed win
Darth Fader (ES) — 0 wins, 0 losses
Scalp — 3 wins, 0 losses
Last week, the systems were completely idle. This week, I caught one nice short side move with the Cable Glider, and I nailed a top with a discretionary long side exit with Euro Ranger. I shut the systems down prematurely for the week, but each system proceeded to have another winning trade that I missed. It’s actually nice that the systems outperformed my discretion for once…as I’ve said in prior posts, almost all of my gains this year are from discretion, when in fact I’d prefer to trade systematically.
I’m trying to learn how to scalp trade effectively, and I placed a few positive trades this week. It’s not really my style at the moment, but it does feel like a solid way to expand my trading skill set.
I’m at a new equity peak for the year (+30.9%), and thankfully, for the first time since January, so are the DESword systems. Each new peak is an affirmation that the systems are still working. I’m a little bit more skeptical about Darth Fader, but at least it has contributed positively to the overall actual (and walk forward) return this year.
Onward and (probably and eventually) upward.

