Thursday 30 September 2010

End of month

The long position opened from the beginning of the month 1.2883
is closed at 1.3540.

It makes 657 pips.
We used 0.01 lots: that makes 65.7 USD

The losses were 16.60 USD

The total gain for the month is 49 USD.

Not bad for the microhedge fund. We had 100 USD and now we have 149 USD. The idea is to
get out of the account the wins of the month.

So 49 USD in the pocket let's buy some beer.
Cheers.

Friday 3 September 2010

First loss

The short position has been closed at 1.2883.
The incurred loss is 16.60 $.

The position was not managed well because it was positive for a certain amount of time.

I open a long position from the same level.