Alum Trading Signals Week 2 of Month 4The drawdown on my account is around 15 to 18%. However there was 4 trades which have changed the difference between my account and the investor accounts. No changes was made to trade size, as my account did not fall below 30% DD, if there are any changes, they can only be made at the end of the trading session.
3 of the trades was wins for me and draw for the investors. It was pretty frustrating as nearly every single trade was winning and then losing in the last few seconds.
1 of the trades I had a draw and the clients had lost, so the different between my account and clients account is now 14%. So whilst my drawdown is only 15 to 18%, clients drawdown is 30 to 34%. It is a recoverable situation, and the account were pretty much close to BE all week, and I was banking on a good session from Thursday session, unfortunately it started bad, and got better towards the end of the week.
If it was ant for the 4 slipped trades, overall Im pretty pleased, as the drawdown was manageable, there will be average weeks and good weeks, however it is the result at the end of each month that matters.
My service was based on the 8 months results I had last year, which statistically showed that I would finish target every week, before Wednesday. However this year, it has not worked exactly like that, and I do have enough data to now act on the information that has been provided. In the last 14 weeks of my service, it is apparent that my best trading week has come from the last week of the month and the worse or most difficult trading week is the first week of the month. The two weeks, in the middle have been pretty average.
I shall see, the outcome of this month, but I am thinking of giving my investors 20% growth in the last week of the month, and then the first week of the month, to reduce trade size to 2.5% and Martingale at 5%. This setting will give better results, but in time we shall see.
There is no problem as if we change nothing, we still will be profitable, but its all about trying to make the service efficient and tweaking things to get the best results.
My trades, below, starting from july 30 2014