A fluid approach to trading

My floating equity was getting a bit high, so closed out NJ this morning to balance out with some profit. Ideally would like to keep some more positions longer term and have positive floating equity average around 10-20% of account size and gradually work my way up as I progress and am able to hang onto positions longer.

Open Position 55

TRY/JPY
5/20/14
Buy
4k
47.80

Open Position 56

EUR/GBP
5/21/14
Buy
5k
0.8086

Closed Position 52

GBP/NZD
5/21/14
1.9753
-$49.00

Traded Positions 57-59

Short term trades all opened and closed today
GBP/NZD
+$24

Open Position 61

GBP/NZD
5/21/14
Sell
5k
1.9756

Close Position 54

EUR/AUD
5/21/14
1.4757
+$29.00

Open Position 60

GBP/JPY
5/21/14
Sell
5k
171.70

Floating equity is at a good place still. Took a loss today on position 52 to get the floating equity up further, as my closed position profit for the month was at about $500, so it could take the hit. Keeping this balance is key moving forward. As long as I can continue to make monthly profit of 5-10% and keep my floating equity increasing, or at least at 10%, I will be accomplishing my goal.

Closed Position 60

GBP/JPY
5/22/14
171.40
+$14.00

3 positions opened and closed today for AJ

62 AUD/JPY 5/22/14 Buy 0.5 93.81 94.07 22 $10.00
64 AUD/JPY 5/22/14 Buy 0.5 93.88 94.03 15 $7.00
65 AUD/JPY 5/22/14 Buy 0.5 93.93 93.93 0 $0.00

Total +$17

Open Position 63


TRY/JPY
5/22/14
Sell
5k
48.75

Closed Position 55

TRY/JPY
5/23/14
48.8600
+$52.00

Closed Position 63

TRY/JPY
5/23/14
49.03
-$14.00

+586 for the month so far

Float Equity still positive, would still like to bump my average floating equity up over the upcoming weeks to 3 or 400

What is your total PIPS per month so far JCP?

Hi there, I'm two months in so far. The month of April was +$292. May so far is +$586. I'll keep posting my status as the months go by.

The last couple days are quiet, no new trades an no position closings. Floating equity up a bit, but still hovering around 200.

Report PIPS pls. not $$

547 pips for April

794 pips for May