Wednesday, September 2, 2009

Paper Trading Day 29 of 90

Up bright and early this morning with expectation for a good day. Cup of coffee and I'm ready to go.

FOREX:

Well it seems that the up and down US Dollar is still up and down with trades opened today giving exit signals and entry signals to go back the other way. So lets just look at the bottom line.

Profits on open trades stands at $8,019.30 while closed trades is -$3,775.20 a total profit of $4,244.10 or an increase of 11.47% on my opening account.

COMMODITIES:

I must say that I am enjoying the commodities much more than the forex. It has a nice growth rate without any big surprises so far. I closed five trades today,
  • Long on Oats with a profit of $780
  • Long on Soybean Meal with a lose of $260
  • Long on Soybeans with a lose of $500
  • Long on Wheat with a lose of $450
  • Short on Cotton with a profit of $710

there was also an entry signal to open a short trade on Corn, an entry signal to open a short trade on Soybean Meal and an entry signal to open a short trade on Wheat.

Profit on open trades is currently $7752.50 and profit on closed trades is $8,025.50 a total of $15,778.00, an increase of 32.87% on my original account.

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