A quick update for you on HAV Trading. I have taken one further position since the last blog entry
The last week or so has been a reality check for those of us working the system. We have seen some profits in the last few weeks which I realistically figured would not keep going at the same pace.
Val comments : “..after five months of 2013 our closed positions have grossed a profit of 44%. ”
(which assuming the recommended starting bank, equates to a tax-free profit of £1,100
As of today, we have five open positions that are currently showing a loss of around 7.5%.
However, this is not such a big deal. Val has also commented in his newsletter that this is quite usual for the markets to enter a period of consolidation but the markets always resume their ‘anticipated’ patterns and these losses are cancelled out by further profitable trades in due course.