Week 1 encompassed from January 24 through January 28. Our conservative strategy started the week at $10,427.53 and closed the week at $11,418.41. That's a profit of $990.88 or 9.50%. I missed my target of 11.74% but I cannot complain about an almost 10% profit in a week. If we could achieve $990.99 every week we could generate a nice income of $42,905.10 in a year, and that's taking two months off from trading.
Our aggressive strategy did surprisingly better. Of course, it is easy to be this aggressive when you are dealing with only $137.86. We closed the week at $175.09. That's a profit of $37.26 or 27.03%. Would I try this strategy if I had $10,000? I don't know, but I do hope I get the chance to find out.
As it stands, our strategies and the markets performed as follows:
DJIA: Down 0.42%
NASDAQ: Down 0.23%
SP500: Down 0.53%
Conservative: Up 9.50%
Aggressive: Up 27.03%
Caveat: On Thursday we took long positions on the Eur/Usd, which closed down Friday some 134 pips. Since these trades will close on Week 2, their profit/loss will be accounted therein.