Sunday 19 August 2012

Statement of Account June & July 2012

Dear Fellow ETP-Auto Traders,

Here are my June & July 2012 accounts statements.
I'm testing very small lots on real trades to test the effectiveness of my ETP Auto-Trading parameters.



Recently the Gold prices have been trading in a channel, forming a wedge. I have amended my ETP parameters to adapt to the whip-saw movements in Gold prices. I don't enter the trade at every abrupt price spike. At the same time, I let the price has more room to move when a trade has been entered.  


Regards,

Tony Chai