Our Forex Trading Performance for April 2009

by admin on 10/05/09 at 10:54 pm

April 2009: +19.56%

Our basket for April 2009 contains 3 trading system:

1. Freedom            – Risk=1% – Start Equity: $5,046.54
2. Fractals-3         – Risk=2% – Start Equity: $58,801.8
3. Grid Specialist – Risk=5% – Start Equity: $13,622,36

Profit/Loss for each trading system:

1. Freedom            = $184.57 (+3.66%)        – Recalculate into 1% risk = 3.66%
2. Fractals-3         = $7,338.93 (+12.48%) – Recalculate into 1% risk = 6.24%
3. Grid Specialist = $3,915.97 (+29.07%)  – Recalculate into 1% risk = 5.81%

** Profit / Loss of April 2009 (based on Risk=1%)    = 15.71%

April 2009 Detail Statement:

1. April 2009 Detail Statement for Freedom: Click here
2. April 2009 Detail Statement for Fractals-3: Click here
3. April 2009 Detail Statement for Grid Specialist: Click here

Click here for trading system explanation.

How do we calculate our basket performance ?

When we start our account, we use different Risk Setting for each account, so we need to recalculate it to get overall performance.

First, the return is calculated from closed profit/loss  add with the floating positions. Then we recalculate the results for trading system that use Risk bigger then 1% into Risk=1%. (i.e. if the Risk is 2% then we divide the profit/loss by 2). Then we sum it all. Using Risk=1%, all trading system in our basket should be enough to be put unto 1 account size.
Account size we recommend to put all together (Risk=1%) is $5,000 (standard account) or $1,000 (mini account).

Note:
- To help us identify every trading system performance, we divide it into separate account.
- If you see our detail statement below (for every month), all balance is printed for June 10, 2009 (the time when we generate the report).

For current/live performance: Click here

Every beginning of month, we report our current basket positions including the ones that new or removed.