November Profit on Low Risk strategy: 4.38%
November Profit on Medium Risk strategy: 12.35%
November Profit on High Risk strategy: 17.36%
Glad November is behind us.
It was a month fraught with significant and complex trading challenges.
Including one of my brokers going into external administration.
Hungry as a skinny leopard in the jungle, so just gotta keep getting up to confront what comes our way.
This next week I will launch a new low risk master account signal which will be available on SimpleTrader and SignalStart.
The old master account with 22 month track record unfortunately must be phased out once the basket is closed. This track record will be migrated on some platforms so I don't lose it, and on others I will make a note that the track record is being continued on another new account at Mt Cook.
Currently managing a recovery on a risk-off AUDUSD basket, which has been reduced from 7 positions to 4 positions this past week. If you include the drawdown that was caused this month by Powell's speech, then the month was about flat for all strategies. As I have told numerous interested followers, I am sticking to my original trade plan, working on recovery countermeasures in small scalping trades, and gradually reducing risk into year end.
Powell gave himself wiggle room, but many traders now disagree with the original market interpretation and overreaction which I expect to fade out. My trade plan is still viable and active. Especially with terrible GDP inputs of construction and Capex, which are going to make this week's AUD GDP data worse and Aussie rate decision more dovish in my mind, especially with tariffs, trade tensions, slowing China, Brexit, and Italy budget nowhere near being resolved.
November Profit on Medium Risk strategy: 12.35%
November Profit on High Risk strategy: 17.36%
Glad November is behind us.
It was a month fraught with significant and complex trading challenges.
Including one of my brokers going into external administration.
Hungry as a skinny leopard in the jungle, so just gotta keep getting up to confront what comes our way.
This next week I will launch a new low risk master account signal which will be available on SimpleTrader and SignalStart.
The old master account with 22 month track record unfortunately must be phased out once the basket is closed. This track record will be migrated on some platforms so I don't lose it, and on others I will make a note that the track record is being continued on another new account at Mt Cook.
Currently managing a recovery on a risk-off AUDUSD basket, which has been reduced from 7 positions to 4 positions this past week. If you include the drawdown that was caused this month by Powell's speech, then the month was about flat for all strategies. As I have told numerous interested followers, I am sticking to my original trade plan, working on recovery countermeasures in small scalping trades, and gradually reducing risk into year end.
Powell gave himself wiggle room, but many traders now disagree with the original market interpretation and overreaction which I expect to fade out. My trade plan is still viable and active. Especially with terrible GDP inputs of construction and Capex, which are going to make this week's AUD GDP data worse and Aussie rate decision more dovish in my mind, especially with tariffs, trade tensions, slowing China, Brexit, and Italy budget nowhere near being resolved.
Comment