Brendan's Trading Ideas

Learn Forex: Currency Portfolio Return 30.46%

These are the result of my trade emails sent to my subscribers:

January 2009: 317 pips loss
February 2009: 525 pips profit
March 2009: 345 pips profit
April 2009: 313 pips loss
May 2009: 24 pips profit
June 2009: 1259 pips profit

According to risk limit guideline to my subscribers, they should not risk more than 2% of their capital for each trade.

Assume they had started with a portfolio of US$5000 at the start of January 2009. Based on the guideline they should only trade 1 mini lot (10,000) for each trade.

So in dollar terms, this is their performance*:
January 2009: US$317 loss
February 2009: US$525 profit
March 2009: US$345 profit
April 2009: US$313 loss
May 2009: US$24 profit
June 2009: US$1259 profit

This means since 01 January 2009, their portfolio is up US$1523. With a capital of US$5000, this results in a percentage gain of 30.46%.

For the same period S&P500 is up 1.85% and Dow Jones is down 3.75%. My subscribers’ portfolios of 30.46% gain have outperformed the market by a wide margin.

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*Performance assumes that the subscribers had followed all my trade emails since 1 January 2009 on a timely manner.

You got to be kidding, only $254 per Month ? ! . That is what I do per Day ! LOL :LOL:
 
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FOMC meeting today may change the direction of forex market.
Shorted AUDUSD at 0.8714.

Indeed there is a change of trend in the forex market after the FOMC statement.
AUDUSD fell after the FOMC statement. I closed my AUDUSD at 0.8678, 36 pips profit.
 
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