|
|
| |
Swing trading has become the way to trade Forex. For a number of months, the performance was consistently positive day trading, but recent changes in the Forex markets (choppiness, less trading range, more unpredictable volatility) saw a decrease in performance. We always monitor the markets for adverse changes and we adjusted our trading approach by switching to two swing trading strategies.
NetPicks Forex Active SwingTrader
The Active SwingTrader trades the EURUSD and GBPUSD, on average, 15-20 times per month, per market, and usually has, on average, about a one to two-day holding period.
|
Pair
|
Aug 2005
|
Sep 2005
|
Oct 2005
|
Nov 2005
|
| EURUSD |
+178
|
+209
|
+186
|
+131
|
| GBPUSD |
+142
|
+213
|
+327
|
+22
|
| Totals |
+320
|
+422
|
+513
|
+153
|
*Results are Hypothetical and based upon exiting all trades at preset profit target. Auto-Trade accounts may use differerent exit strategies and are changed depending upon market conditions. All trades are issued with an initial protective stop and fixed target. If trailing trades outcome would be different.
NetPicks Forex LongerTerm SwingTrader
The LongerTerm SwingTrader trades the four major pairs (EUR, GBP, CHF and CAD) typically 2-3 times per month.
|
2005 Totals to Date
|
Result
|
| EURUSD |
+1375
|
| GBPUSD |
+2013
|
| USDCHF |
+930
|
| USDCAD |
+344
|
| Totals |
+4662
|
To see detailed trades of the LongerTerm SwingTrades, you can click here.
To see our past historical day trading performance, you can click here. You'll be able to see the strong performance, then the start of the decline as the markets changed fairly dramatically - the reason we moved into the far superior swing trading approaches.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
You must do your own research and make your own investment decisions. Past performance is not necessarily indicative of future results. Before forex trading you should understand the risks associated with these trades including the potential loss of the entire premium paid. No representation is made that any account is likely to achieve profits or losses as indicated in our interactive portfolio. NetPicks LLC and its owners are not liable for any losses, monetary or otherwise, that result from the content of this and any newsletter published by NetPicks LLC. Please realize the risk with any investment and consult investment professionals before proceeding. Please review our complete Disclaimer.
|
|
|