Monthly Stats : August 2008

A mediocre August with some lousy trades who gave rather important losses. I passed the last week of the month to cover this. Still in the positive side on monthly performance, but the increasing average loss in the last 2 months is alarming. I should try to cut losses earlier in September.

Weekly Stats : Week 36 (25-29/8)

A good week following a bad one : average loss is again around av. win, after last week's derapage and this, together with favorable W/L ratio gave a 10% positive result. Too many tades again, too much commissions paid.

Nice opening

2 trades in this near perfect London opening. 14,5 pips, +3,23% on account.

Last for today

Closed early, again.

Tempting, but not my style

Two consecutive losses earlier today, trying to contra-trend a strong market... Not very clever, definitely... I am not good for this. Even on the similar trades I won in the past, I closed for a 2-4 pips gain, risking 10 or so..

Sessions's trades

3 trades in total in this session, just to cover stupidities made earlier on..

Perfect easy 6

...

One more

Early close for 5,8 pips. Missed again the strong downtrend. Despite this, a +2,93% on account.

Week's first

5,5 pips. Missed easy re-entry.

All the trades

7 trades for today, one serious mistake, second trade turned negative but not closed, it gave finally a –18. The rest of the day was spent to cover this, little by little. +1 pip total, but -1,35% in account, due to commissions, pure effect of overtrading.

Back to work

Back from the holidays, nice 10 pips, no re-entry.

On the road (2)

The mad days of August... Last year was the 17th, this year was the 8th, last Friday, which I missed, trapped in Salzburg under heavy rain and no wifi connection.... But today was also a nice case as euro corrected partially the previous sell-off. I traded only one hour in the London open, 5 trades and 32 pips (16x2 lots), +4,33% on account. Just slices of the move, should let the trade run in a such strong move.

(Traded at Wien, Austria.)

On the road

Easy and quiet 7 pips on this euro downtrend..

(Traded at Kaunertal im Tirol, Austria.)