Our GBPCHF trade not looking too good at the moment. We were caught by the false break on sterling. However, bear in mind that if this trade turns out a loss, results for October are still about 10% and only 2 true losses. It is just they both came at once!!

Earlier in the month I mentioned when up, say, 12.5% - 15% maybe we should cut stakes to only half, thereby attempting to preserve our target which is 10% a month. the reason I said that was that all systems have good periods and bad periods. If we get more cautious after a good period, it would tend to preserve our performance.