End of another quiet steady week. The trading was nice and easy and steady. No major hiccups and no major upheavals as well. Just standard stuff of about 100 pips a day. Nice, slow, steady and easy. There is a saying that Good Trading is Boring. How true that is.
Coming back to the automated system, it continues on its ways and it has been going on nice and steady. This system has been automated and optimized for GBPUSD and has been providing some very good, steady trades. Myself and Richard are now training our attention on EURJPY and GBPCHF currently and we hope to fully optimize it in the next 2-3 months. Once these 2 pairs are optimized, we should be having some good steady returns of 25-30% a month atleast. This is indeed a long term project and we ultimately plan to optimize this system for atleast 20 pairs which should take quite a bit of time but which would be worth the effort.
Attached is the list of trades that this system has taken ever since it was put into a live account from Jan 1, 2009. It started off with a balance of $5000 and now it has a balance of over $13,000 which is pretty good going considering the fact that we have used it to trade only one pair so far.
I will keep you guys updated on how this system goes. In the meantime, if anyone has any queries about the system or the managed fund, do mail me at kartram.77@gmail.com.
No comments:
Post a Comment