Test Week 7 started on November 24 and ended on November 30, 2010. I placed 6 trades, with no losers. Can't say I traded with 100% accuracy, though. One of my trades just resulted in getting stopped out at my entry price. Still, that is always better than a loss. My goal was to make $29.00 or 12.33% of the amount I started Test Week 7 with. Instead I made $47.20 or 20.07%.
Test Week 7 was a little unusual in that there was a day that I did not trade even though the market was open. That day was Thursday, November 25. I was invited to an awesome Thanksgiving dinner on the island's east coast, so I left home early and came back late. I do not think I even turned on the computer that day so I cannot even talk about missed trading opportunities... and with 20% profits in one week, who cares about missed trading opportunities?
In my last post I talked about changing the way in which I was reading my indicators. I know that this change saved me from what would have been a big wipe out trade this week. I think I am now getting less opportunities than before but I am hoping that they are more solid and with a higher probability of success than the previous signals. It seemed to work out that way this past week. Let's see what happens in the ongoing week.
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