December Trading Results:
"1-Win" refers to our strategy that quits after 1 win, "2- Win" quits after 2 wins...
Russell Aggressive
1-Win: +9 points
2-Win: +10.70 points
Russell Conservative
1-Win: +12.50 points
2-Win +18 points
Russell Afternoon 10/3: +13.40 points
Russell Afternoon 15/5: +19.90 points
S&P Aggressive
1-Win: +17.75 points
2-Win: +29.75 points
S&P Conservative
1-Win: +18.75 points
2-Win: +27.25 points
Dow
1-Win: +151 points
2-Win: +253 points
Nasdaq
1-Win: +28.25 points
2-Win: +34.00 points
Dax
1-Win: +63 points
2-Win: +77.50 points
Overall a very good outcome for all the markets. Along the way there were
the bad trading days, even the occasional losing week but that's the nature of
trading. Mix a little frustration with the elation and you still can end up
with a strong final total.
Forex Trading
We averaged 3+ trades per day for the month of December so plenty of
activity. Between the 2 timeframes and the events there are trades on a daily
basis. The timeframe trading continued to be consistent and with the
implementation of our 10 minute filter for the event trades we saw definite
improvement in our win/loss ratio on those trades - less chance of whipsaw which
has been a positive improvement to the bottom-line.
Using a 5 pip spread cost for the GBPUSD we had about 290 pips of
performance in December. Between different brokers of course you will have some
variance trade to trade but it should typically balance out. We assumed exiting
half the trade at the fixed/projection target and trailing the second half. In
addition, if your spread cost is less, lets say 4 pips you would add approx. 60+
pips to your bottom-line - we wanted to use worst case.
I filled in the opt-in form to get the Myth Busting Video. But I have not yet received it. If you have sent it to me ca you please do so again.
NetPicks Reply:
If you scroll down the blog a bit you'll see links to it right from here. Thanks.
Posted by: Kosta | January 17, 2007 at 12:14 PM
I went to your web page and looked at past results there.
Is there a difference in the methodologies used in your web site and the one your selling now? If so what is it's performance stats for all of last year in, let's say, the S&P.
Mike
NetPicks Reply: Yes, completely different - this is a full disclosed strategy and no signal service required for it. This is easily our best and most consistent strategy. What we have seen in the last few months is fairly consistent in the past months as well in that 10 - 30 point range.
Posted by: Michael Williams | January 17, 2007 at 06:20 AM