Here is the spreadsheet attached below, but it does not have individual trades on it. It's the same one that is published in the Journal.. The transaction history from the dealer is 50 pages if you want to audit, I can mail it to you... Currently at a 7.1% drawdown during this hard test! Michael B.
Perhaps you should read the Journal. It is Working everyday 365 days per year.... The reason it should work, is because of the daily injection of interest earned is unavoidable and there are safeguards built in to endure the waves, while the long term hold collects interest... There is not much trading in the System and it derives its profit by carrying positive interest pairs. There is more time expended writing the Blog, Journal and updating the spreadsheet than actually trading it or looking at the platform everyday to see how much interest was paid. There are no lagging indicators, forecasts or predictions and very little discretion. It is a pure money management system projected to make 55% per year. There is not any candlestick reading or fundamental bias to interpret and the trader simply uses the spreadsheet as an integral part of the decision making process, without emotion. The system is fully explained and the rules are clear. Lets see...is that everything as to why it should work?...well I think so...yes. About the 50 pages....maybe it only ten or twenty, I really haven't printed them out....I just thought you needed to know that I am willing to provide proof of the few trades that take place...I have only illustrated the system live and publicly the last 58 days. But I have traded it with experiments and different pairs for the last 12 months, successfully. I find it difficult to write in the Blog AND the Journal. I try to offer something in the blog, different than whats in the ET Journal, for those that are interested in blogs... I prefer the two-way communication that ET provides, but I can see where the Blog would serve as my personal Trade Journal and possibly replace it (I keep one of those too!) Michael B.
Hi Michael, 55% per year? That would not be bad. I wil follow your blog every day to see if your succeed with your system. PS. I know Saxo Bank has a team which works with the same kind of trades, but I don't know how much they earn or lose - you can follow their trades on their Saxo Trader platform (Trade Maker).
Witt, Thank you for the kind consideration. I will check with Saxo Bank, I was not aware of that. I hope that I do not waste your time and I will attempt to be honest in my view of the System. The lengthy post above was not meant to be defensive and I do not want to appear to be braggardly. I remain open to comment and suggestions, and if I lose track of that, then it is necessary for the readers to show me how I am projecting my thoughts. Thanks Again and good trading to you. Thoughtfully, Michael B. P.S. There are going to be some flames. There are going to be some independent traders disagreeing with the thoughts and methods of this trader, I know. I await it and welcome it. I am not looking for approval and do not need it. I am merely putting in the time and work necesary to improve. Independent thinkers with good observation skills are what make a good trader.
Well, Back to bed now it is 2:30 in the Morning here in Denver, CO. I merely woke up to glance at the system and got lost in ET .... Goodmorning...Yawn....sleepy....fading... Michael B. P.S. Here is a screenshot of what I was glancing at. EUR/HUF looks to be near to filling the limit order... Late Edit: Yep it just filled...at 2.39am mst