Middle analysis - Taking home the Pips

[pitboss]

Made an error in previous post regarding entry position calculation, should be:

Short = open greater than previous middle * 1.002

Long = open less than previous middle *.998

Sorry about that

[RicG]

pitboss,

Here are results for the first three days:

Sun 5-18 $2,685.00
Mon 5-19 $5,402.00
Tues 5-20 ($5,319.00)

Week Total $2,768.00

Above represents 10 units for each of the following: USD/JPY, GBP/USD, EUR/USD, USD/CHF.

Sunday and Monday all four pairs were winners (8-0) and today all four pairs were losers (4-0).

I'll keep everybody posted on my papertrading.

Ric

[pitboss]

Current Results:

Date 5/20/2008
# Prev Win 29
$ Prev Win 5229.77
# Prev Lose 22
# Prev Lose 2603.28
# Curr Win 0
$ Curr Win 0
# Curr Lose 4
$ Curr Lose 622.86
Avg Win 180.34
Avg Lose 124.08
Advantage 29.4%

[TheRumpledOne]

Nice work, PitBoss.

Can you post the results per currency so we can see which currency looks to be the best trade.

Thanks.

[pitboss]

Current demo results:

Date 5/21/2008
# Prev Win 29
$ Prev Win 5229.77
# Prev Lose 26
# Prev Lose 3226.15
# Curr Win 3
$ Curr Win 578.23
# Curr Lose 1
$ Curr Lose 159.95
Avg Win 181.50
Avg Lose 125.41
Advantage 32.7%

Last of demo postings, I went live today with a small $5k account and will start posting those results.

Current Live Results:

Bankroll 5,000
Advantage 3.00%
Num to Buy 4
$ Risk Each 66
Total $ Risk 264
Est Wk Profit $240.05

,Price, Avg Pip Loss, Buy Lots
EUR, 1.5782, 0.0122, 0.5
GBP, 1.9715, 0.0123, 0.5
CHF, 1.0259, 0.0081, 0.8
JPY, 1.0307, 0.0075, 0.9

( 1=L 2=S )
,Position, Lots, Paid, Sold, Comm, Net
EUR, 2, 0.5, 1.57820, 1.57130, 0.79, 33.71
GBP, 2, 0.5, 1.97150, 1.98090, 0.99, -47.99
CHF, 1, 0.8, 1.02590, 1.03190, 0.80, 45.72
JPY, 1, 0.9, 1.03070, 1.03980, 0.90, 77.87
109.31

Date, 5/21/2008
# Prev Win 0
$ Prev Win 0
# Prev Lose 0
# Prev Lose 0
# Curr Win 3
$ Curr Win 157.3
# Curr Lose 1
$ Curr Lose 47.99
Avg Win 52.43
Avg Lose 47.99
Advantage 56.9%

[RicG]

My updated results:

Sun 5-18 $2,685.00
Mon 5-19 $5,402.00
Tues 5-20 ($5,319.00)
Wed 5-21 $1,120.00
Thurs 5-22 $0.00
Fri 5-23 $0.00
Week Total $3,888.00

Above represents 10 units for each of the following: USD/JPY, GBP/USD, EUR/USD, USD/CHF

[pitboss]

This is an excel spreadsheet that I use make all the calculations for position sizing relative to bankroll and advantage. It's pretty self explanitory and easy to use. Your welcome to use it.

[RicG]

Here are the results of the first week of my paper trading pitboss's system. Obviously a very impressive week, but his longterm stats show this is not the norm:

Entry Date $Profit/Loss (Win Loss)
Sun 5-18 $2,685.00 ( 4 0)
Mon 5-19 $5,402.00 (4 0)
Tues 5-20 ($5,319.00) (0 4)

Wed 5-21 $1,120.00 (3 1)
Thurs 5-22 $1,790.00 (4 0)

Week Total $5,678.00 (15 5)

Above represents 10 units for each of the following: USD/JPY, GBP/USD, EUR/USD, USD/CHF

[RicG]

Here are the results of the first week of my paper trading pitboss's system. Obviously a very impressive week, but his longterm stats show this is not the norm:

Entry Date $Profit/Loss (Win Loss)
Sun 5-18 $2,685.00 ( 4 0)
Mon 5-19 $5,402.00 (4 0)
Tues 5-20 ($5,319.00) (0 4)

Wed 5-21 $1,120.00 (3 1)
Thurs 5-22 $1,790.00 (4 0)

Week Total $5,678.00 (15 5)

Above represents 10 units for each of the following: USD/JPY, GBP/USD, EUR/USD, USD/CHF

[pitboss]

Current live results:

Date 5/22/2008
# Prev Win . . . . 3
$ Prev Win . . . . 157.3
# Prev Lose . . . 1
$ Prev Lose . . . 47.99
# Curr Win . . . 1
$ Curr Win . . . 109.59
# Curr Lose . . 0
$ Curr Lose . . . 0
Avg Win . . . . . 66.72
Avg Lose . . . . 47.99
Advantage . . . 91.2%

South sea island, here I come