FKLI Performance Summary: Jun13 contract

As usual, it is time to report my FKLI performance summary for June 2013. System registered 8 wins from 12 trades. 5 trades posted double digit points profit, made this month the best month for 2013 so far.

Position Update 20130628

Risk can be pre-determined but reward is unpredictable.

FKLI
L1758.5 (28/06), C1768.0 (28/06)

FCPO
L2371 (28/06), C2356 (28/06)

Position Update 20130627

Painful processes pave way for a smoother path in the future.

FKLI
Nil

FCPO
S2387 (26/06), C2372 (27/06)
S2360 (27/06), Open position

Position Update 20130626

Good trading is usually boring.

FKLI
S1722.5 (26/06), C1733.0 (26/06)

FCPO
S2387 (26/06), Open position

Position Update 20130625

A robust strategy performance numbers is not as attractive as one that has been fitted to the data.

FKLI
S1737.0 (24/06), C1734.5 (25/06)

FCPO
S2422 (21/06), C2408 (25/06)

Position Update 20130624

Carefully weighing the facts before you come to a decision.

FKLI
L1738.5 (21/06), C1755.0 (24/06)
S1737.0 (24/06), Open position

FCPO
S2422 (21/06), Open position

Position Update 20130621

If you pre-judge the market, you won't be able to execute your system effectively.

FKLI

S1759.0 (20/06), C1733.0 (21/06)

L1738.5 (21/06), Open position

FCPO

S2468 (20/06), C2438 (21/06)

S2422 (21/06), Open position

Position Update 20130620

Invest time before money so that you have realistic expectations before trading with real money.

FKLI
S1759.0 (20/06), Open position

FCPO
L2471 (19/06), C2485 (20/06)
S2468 (20/06), Open position

Position Update 20130619

You need a sound strategy, whether discretionary or systematic, in order to be profitable. Not everyone can create and implement such a strategy. This makes trading such a difficult business.

FKLI
S1764.5 (18/06), C1772.0 (19/06)

FCPO
L2471 (19/06), Open position

Position Update 20130618

Fewer rules increase strategy robustness, at the expenses of lower return and higher risks.

FKLI
L1765.0 (17/06), C1768.0 (18/06)
S1764.5 (18/06), Open position

FCPO
Nil

Crude Oil Performance Summary: Jul 2013 Contract (CL-N13)

System did 13 trades, with 9 winners and 4 losers.

Position Update 20130617

It is the images you evoke like failure, unworthiness, and shame that wastefully use your creative imagination to bring further bad events into your life.

FKLI
L1765.0 (17/06), Open position

FCPO
Nil

FCPO Performance Summary: 16 May - 14 June

System registered first monthly loss for the year 2013. 6 out of 15 trades are losers. This is a terrible win / loss ratio for the system which stress the importance of high win rate. Anyhow, this is perfectly normal for the system to have losses like this.

Position Update 20130416

We shape our trading by our words, thoughts and beliefs.

FKLI
S1760.5 (13/06), C1746.0 (14/06)

FCPO
L2438 (14/06), C2439 (14/06)

Position Update 20130613

When nothing is sure, anything is possible.

FKLI
S1760.5 (13/06), Open position

FCPO
L2454 (13/06), C2440 (13/06)

Position Update 20130612

It is easy to become a trader but not easy to be a profitable one.

FKLI
S1781.0 (11/06), C1770.0 (12/06)

FCPO
S2442 (11/06), C2460 (12/06)

Position Update 20130611

When market suppose to go up but didn't, it probably will drop.

FKLI
L1769.5 (07/06), C1781.0 (11/06)
S1781.0 (11/06), Open position

FCPO
S2442 (11/06), Open position

Position Update 20130610

Just because a market had gone up significantly doesn't mean it will stop going up.

FKLI
L1769.5 (07/06), Open position

FCPO
L2459 (07/06), C2456 (10/06)

Position Update 20130607

Trading is not just about money. It is an adventure.

FKLI
S1769.5 (06/06), C1766.5 (07/06)
L1769.5 (07/06), Open position

FCPO
L2383 (05/06), C2445 (07/06)
L2459 (07/06), Open position

Position Update 20130606

Don't trade differently if you are winning or losing.

FKLI
L1772.0 (04/06), C1769.5 (06/06)
S1769.5 (06/06), Open position

FCPO
L2383 (05/06), Open position

Position Update 20130605

Don't feel good if you are winning, so you won't feel bad if you are losing.

FKLI
L1772.0 (04/06), Open position

FCPO
S2371 (04/06), C2383 (05/06)
L2383 (05/06), Open position

Position Update 20130604

When a trader is fighting the market, he is usually fighting his ego.

FKLI
L1772.0 (04/06), Open position

FCPO
S2390 (03/06), C2383 (04/06)
S2371 (04/06), Open position

Position Update 20130603

When the goal posts keep moving, we have to move with the goal posts.

FKLI
S1765.0 (03/06), C1771.0 (03/06)

FCPO
L2393 (30/05), C2403 (03/06)
S2390 (03/06), Open position