Day 13 – (Tuesday 15th July)
Today I looked at one meeting – Beverley.
Another loosing day.
Profit Target: 2.5 Points
2:15 @ Beverley: Just Sam odds 2.75 Lost Profit/ Loss: -£30.00
2:45 @ Beverley: Carpe Diem odds 2.00 Lost Profit/ Loss: -£30.00
3:45 @ Beverley: Hit’s Only Vic odds 3.75 Lost Profit/ Loss: -£30.00
4:15 @ Beverley: Jun Fan odds 7.00 Lost Profit/ Loss: -£30.00
4:45 @ Beverley: Gulf Coast odds 3.00 Won Profit/ Loss: +£30.00
4:45 @ Beverley: Tizzy May odds 8.50 Lost Profit/ Loss: -£15.00
5:15 @ Beverley: Zabougg odds 5.50 Lost Profit/ Loss: -£30.00
Starting Bank: £1,000.00
Bank Brought Forward: £ 835.10
Total Profit/ Loss for the day: -£ 150.00 (-5.0 points)
Total Bank: £ 685.10
BUY @ 19967.5 (15/7/08 2am)
SELL @ 20030.1 (15/7/08 6pm)
Pips profit = 62.6 (£62.60)
Current bank: £1749.30
Winning trades: 15
Losing trades: 23
Strike rate: 39%
Day 12 – (Monday 14th July)
Today I looked at two meetings – Ayr & Newton Abbot.
The results were a bit of a disaster as far as the system goes, and is our 4th loosing day in a row, and is the heaviest loss so far. If I would have covered grade 2 selections, the losses would have been slightly more.
Profit Target: 1.8 Points
2:20 @ Newton A: Marigolds Way odds 4.50 Lost Profit/ Loss: -£30.00
2:40 @ Ayr: Chief Red Cloud odds 3.50 Lost Profit/ Loss: -£30.00
2:20 @ Newton A: Osprey View odds 3.25 Lost Profit/ Loss: -£15.00
2:20 @ Newton A: Silver Sister odds 4.50 Lost Profit/ Loss: -£15.00
3:40 @ Ayr: Dawn Dancer odds 4.50 Lost Profit/ Loss: -£30.00
3:50 @ Newton A: Take the Stand odds 5.00 Lost Profit/ Loss: -£15.00
3:50 @ Newton A: Ice Tea odds 6.50 Lost Profit/ Loss: -£15.00
4:40 @ Ayr: Charlie All Nut odds 4.50 Lost Profit/ Loss: -£30.00
4:50 @ Newton A: Silvergino odds 4.50 Lost Profit/ Loss: -£30.00
5:10 @ Ayr: Zaplamption odds 9.00 Lost Profit/ Loss: -£30.00
Starting Bank: £1,000.00
Bank Brought Forward: £1,075.10
Total Profit/ Loss for the day: -£ 240.00 (-8.0 points)
Total Bank: £ 835.10
A cracking morning. Nothing quite like earning £1330 by 10am!
I actually broke from following the system mechanically today by taking an early profit instead of waiting for it to hit the stop. I had moved my stop into a nice profit and left my desk for fifteen minutes only to find, on my return, that the trade had made 133 pips and my profit box was looking far too good to risk losing so I closed out the trade and took the money. I remember being advised that anything over 70 pips should be regarded as a windfall and to take the money and run, so today I did.
The trade was actually a great trade even when it did eventually hit the stop at 109 pips profit.
I really hope anyone using tufxp decides to use these settings. I can’t take any credit for them as they are just what I picked up from the daily tutorials, but in a way, me keeping it very simple seems to work a treat. The daily video tutorials in the members website are very informative and I’m learning loads about forex, but I’ve still just been sticking to the mechanical settings as that is what I wanted from this system, and you can see the results for yourselves.