Tuesday, September 8, 2009

Thoughts for the Day



Hi Everyone,

Attached is a screenshot of where the 10 pair account is this morning.A big improvement over last week.Cycles sometimes can get very big.The amazing stat is that for 10 pairs,200 trades active that even being over leveraged the account handled it very well.
At this point the equity is $2560+ and the balance is $15025.83 from a $10,000 start in July.In this screenshot you can see that swap collection is +$52.90 while we are waiting for the cycle to come full circle.
In version 3,you would be able to protect your balance from going below the $10,000 start but as I said before that would compensate the returns.The plan again is to choose 2-4 pairs and apply a small max order at 10 cents and let it build.Closed targets have averaged between $1.00 and $10.00 and were close to $5000 in closed profits.Trades never exceeded 20 cents a pip.The point is,the Swap Collector can return you a nice on going income stream with pennies.

David aka spiritfriends

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