16.6.2011 – VFI results

Another crazy day out there in the EURO area. Today I almost got seasick from all those swings: BUY, BUY, BUY … SELL, SELL, SELL … BUY, BUY, BUY. Anyway, today was not an easy day (there was not an easy day for me this week).  At one point I was AGAIN hanging down at -31.5pips but I managed to get back to black with +16pips at the end of the day which is slightly below average (daily target is between 25 – 50pips) but in black so I am happy with results. One thing I am not happy though is my ability to adapt to the changing market. Volatility obviously increased but my risk management strategies didn’t adapt to it. For that reason I am getting stopped out on winning trades more often and quicker than I would like. This is something I have to definitely work on as well as adding more size to the swing positions. Tomorrow I’ll be off so for me this is the end of the week. Total for the week: +46.5pips for VFI strategy.

Have a good weekend.