Friday, June 26, 2009

trading update



right, so we did about 1.5% for the week. what's really important here is the draw down. we gave up about 5% of our profit in 3 days, or 1.6% a day. so from a sustainability point of view we can in affect take 20 days - a full trading month - of this and still be in business if these are the worst conditions we encounter. our pain was caused by the market conditions in the chart below. the question is how often and how long? do i think it's acceptable in terms of survivability? i think so yes.

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