Sunday, September 13, 2009

Paper Trading Days 36 & 37 of 90

What an interesting but tiring weekend I have had and it's not over yet, another day left of an internet marketing workshop that I am attending, followed by a traders club meeting tomorrow night. The football last night with my magnificent Maggies (Collingwood Magpies Australian Rules Football Club for those readers that are O.S.) snatched victory in the dying seconds of the game. One more win and we are in the grand final.

FOREX:

First time for everything, I entered a long trade on Euro / British Pound at the stop price so I guess I immediately exited at the same price making zero dollars. I also closed a long trade on US Dollar /Japanese Yen with a lose of $880.60 while also entering a short trade and closing a long trade on Euro / Swiss Franc with a lose of $400.00 with a signal to enter a short trade.

There was also an exit signal for my long trade on Euro / Japanese Yen with an entry signal for a short trade plus an exit signal for my long trade on British Pound / Japanese Yen with an entry signal for a short trade.

Profit on open trades is currently $9,147.80 while profit on closed trades is currently -$4,323.30 a total profit of $4,824.50 or an increase of 13.04% on my original account.

After day 6 of non US Dollar pairs profit on open trades is - $1,964.75 while closed trades is -$719.60 a total lose of -$2,684.35.

COMMODITIES:

The last two days has seen a steady growth in my account. I have closed four trades
  • Short trade on Corn making zero dollars and entering a long trade
  • Long trade on Rough Rice with a lose of $780 with a signal to enter a short trade
  • Short trade on Soybean meal with a lose of $200 with an entry signal to go short (lines crossed twice in two days)
  • Long trade on Lean Hogs since its delivery date is coming up making a profit of $2360

Profit on open trades is currently $12,038.75 while closed trades is $8,983.00 a total profit of $21,021.75 an increase of 43.8% on my opening account.


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