Trading the News 0 for 8
by Trader Rich
|Week #||Pip P/L||Gross P/L||Total # of Trades||Total Winning Trades||Total Losing Trades||Total Even Trades||Avg. Winning pips||Avg. Losing pips|
As you can see from the results above, automated trading via FXEngines is almost back to breakeven. I have not had a winner since the 6/15 Initial Claims report. That makes it 0 wins in the last 8 trades.
Just to refresh your memory, I deposited $1000 into a mini-account in early June to see what type of potential this platform had. So far I'm less than impressed but who can you blame? 4 weeks aren't enough to test the waters with this platform and there just haven't been any quality spikes during news releases this month. I'll continue to perform news trades until I deem it unprofitable for me or until I run out of the $1000. Hopefully this won't happen.