Wednesday, September 30, 2009

Paper Trading Day 49 of 90

Writers block this morning, probably from lack of sleep as it was quite warm last night.

FOREX:

I have two trades that have gone the wrong direction two days in a row so according to my rules I will close them. They are a short trade on US Dollar / Japanese Yen and a long trade on Euro British Pound.

Profit on open trades is currently $17, 427.25 and closed trades remains at -$1,041.25 a total profit of $16,385.50 an increase on my initial account of 44.29%.

COMMODITIES:

I closed a long trade on Cotton today taking a lose of $1,015.00. Lifestyle Trader signaled an entry for a short trade on Wheat.

profit on open trades is currently $1,440.00 while closed trades is $13,593.00 a total profit of $15,033.75 an increase on my initial account of 31.32%.

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