June 2014 trading results – A Profit of 15.35% this month on my trading account balance, with a Win ratio of 78%.
A better set of trading results for the month of June pulling back my account into profit for the first quarter to the tune of 13.32%. Always helps when the underlying Indices are making new highs, but a trader still has to pick the right trades at the right time. Improving on this months profit during the summer months will be a tall order when traditionally the volumes are lower. However with the introduction of my Forex XTL Breakout Strategy, I have a great chance. An example of a recent trade for this new strategy during June and around the Non Farms Payroll Announcement with the AUDUSD, can be read HERE .
The win ratio for the first quarter for this new financial year was 49% with an average win size of 1.9% on my trading account balance. My average win size for the last financial year was 1.96% so I am managing my trades consistent with last year. My win Ratio for the last financial year was 55% so I have some work to do on improving that this year as I have set myself a target of a 60% win ratio. My Actual’s and Targets are below in the table. Note where Monthly profit and average percentage are mentioned, this a percentage of my trading account balance at the time of the trade closing. I find this a true value of my trading results and profitability, as this is in real money terms and not some 1000% mystical figure battered around the internet.
|2013/2014 Targets||2013/2014 Actual Figures||2014/2015 Targets||2014/2015 Current figures|
|Average Monthly Profit||3%||6.55%||5%||4.4%|
|Win Ratio for the Year||60%||55%||60%||49%|
|Average Win %||1.6%||1.96%||2.2%||1.9%|