Don't get me wrong its a profit and should not be sniffed at but it shows the way the markets are trending. You can see how the last few days have examplified a stagnant period. This is obviously caused by the winning trades being cancelled out by the losing ones and through watching the markets i have seen the charachteristics that are causing this. My strategy is to get on medium term movements, once i have decided upon the trade i use short term criteria for the entry point with predefined exit criteria i then manage the trade between these parameters of safety. I can generally get a move in my favour, bring my stop down and enjoy riding the trade out for 5-20 ticks at best and a small loss at worse however the markets of late have not helped me really.
What i am hoping to see is a ressurgence over the next week but we'll see 19% growth in the first week is not bad but it is not fantastic considering the skill involved in the process lets hope for better !!!!
On the betting front things have been quiet also but i will be adding some more selections which should help things along from a turnover perspective.
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