3 more winning trades :)

Had closed 3 more winning trades since the last losing one.

One of them was the last open trade for strategy 1 which has rollover for 3 days. I ended up having to pay 3 days of interest but still managed to close in profits. The other 2 were based on the new strategy.

Open Date: 06/15/2007 14:26:25
Instrument: USDJPY
B/S: Sell
Open Rate: 123.38
Lot: 0.5
Close Date: 06/20/2007 02:10:47
Close Rate: 123.26
Gross PL: $28.13 (after deducting 3 days interest of $20.55)

Open Date: 06/19/2007 14:04:39
Instrument: USDJPY
B/S: Sell
Open Rate: 123.33
Lot: 0.5
Close Date: 06/20/2007 02:17:58
Close Rate: 123.23
Gross PL: $40.57

Open Date: 06/20/2007 10:25:01
Instrument: USDJPY
B/S: Buy
Open Rate: 123.58
Lot: 0.5
Close Date: 06/21/2007 00:20:44
Close Rate: 123.69
Gross PL: $44.46

Beginning Balance: $1,000.00
Ending Balance: $1,263.62
Profit: 26.362%


I have traded 5 trades based on strategy 1 over a period of slightly less than half a month and all have ended up in profits. That gives a winning rate of 100% so far. For strategy 2, I have executed 4 trades over a period of 1 week, with 1 losing trade. That gives a winning rate of 75%, not bad too. But more monitoring is needed (probably over a period of 2 months) before I can really have a good feel of how things are going.

So if you're reading this blog, remember to follow me for the rest of the 2 months to assess the results. You may then decide for yourself later, whether this is your cup of tea.