HomeMonthly ResultsJuly 2013 Summary


July 2013 Summary — 1 Comment

  1. Another very slow month.

    Note: Some traders reported a very large loss on the 10th of July, presumably way in excess of 100 pips. The volatility was caused by FOMC minutes. I never got the trade because probably because RSM (Remote Safety Mode) blocked Megadroid from trading. RSM blocks trades when the market conditions are “volatile”, and from what I’ve seen it always blocks trading on FOMC days.

    I’ve attached the chart from that day HERE.

    Anyway, it’s a good reminder of the potential downside of this strategy. I’ve had some huge losses in the past (see October 2012), and when they happen, they generally wipe out several months of profit, sometimes more.

Leave a Reply

Your email address will not be published. Required fields are marked *