Forex Howto

30 Nov, 2008

November Forex Trading Performance in one word ORDINARY

Posted by: Milton In: Market Neutral

I am regretting putting up my trading performance at the start of the month. No sooner did I publish it than I went into a big drawdown. I tried some trades later in the month though they turned out to be losers as well so I took a break from trading and had a fairly inactive last couple of weeks.

I’m rather disappointed with my November results at a bit more than -10%. It won’t discourage me, I like the strategy though it needs some better stop losses.

At present my strategy is still doing ok in the automated trading championships in 56th out of ~700 though the charts below are great at showing the reason it isn’t performing better, and also help to illustrate my November result.

MAE

MFE

Might be an idea to cap those losses at around -$2k

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About FOREX Howto

Forex Howto is a site that I setup some years ago, I neglected it for a couple of years and now it's back online.

It will have my progress as I explore the world of Forex trading and my experiences in trying to profit from it.

If you need to contact me, just leave a message on any of my posts and I'll be sure to read it.

About me: I'm a 31 year old aussie living in Sydney, Australia.

I work as a programmer and hope to someday use my programming skills and growing knowledge of FOREX and markets in general to run live automated trading systems (all going well they'll be profitable).

A couple of pages which might be of interest to new traders: