Here are my performances across the 2 accounts for October 2016. Account statements and performance summary pages have been updated.
+1.84% on Trend Following account
0.00 on PAMM Growth account
This year so far have been full of surprises and it still has more to go with only 2 months remaining. My discipline have been tested many times when market does not produce trading opportunities.
There was no opportunity to trade on the Growth account this month. I am more than happy to stay on the sideline watching the market rather than forcing the market to produce trades. With the US election coming up next Tuesday, I will not be trading USD until Monday 14th.
The trend following account had a positive month with big winners on GBP shorts. GBPAUD short was opened for 5 weeks and finished with +5R. GBPUSD was opened for 7 weeks and also finished with +5R. This account will continue to trade as normal over the US election unless volatility goes above my risk tolerance (which happened prior to Brexit).
No comments:
Post a Comment