OK, today's trades on the morning system were:
GBPJPY - 2 trades, 1 win (40) and 1 loss (60) = 20 loss
EURJPY - 2 trades, 2 wins = 40 profit
GBPUSD - 1 trade, 1 win = 20 profit
Overall 40 pip profit. The GBPJPY trades @ £5 a pip and the others at £10. Total profit £500.
When you take your profit is quite discretionary. For example, I stopped trading after 2 wins, at 40 pip profit on GBPJPY and 20 pip profit on EURJPY, which would have given me only £400. However, I had finished trading by 9:30 this morning.
Thank you for your interest in the seminar. In answer to a couple of queries, I will not be having more than 10 at each event as it is critical that you all GET IT. A little backgroun knowledge may be useful but not essential at all. The more that attend the less one on one tuition I can give so hence the numbers restriction. It is a simple system but important that no-one leaves with any uncertainties, etc.
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GROUP EMAIL AND SMS
If you wish to join me at Team Rainbow and join my online conference room just visit www.rainbowtraders.co.uk and follow the instructions. Any problems just email me at SJGrinter@aol.com and I'll sort it.
Newcomers essential reading
RESULTS - FEBRUARY 2008
839 PIPS PROFIT (£6,073)
RESULTS - JANUARY 2008
870 PIPS PROFIT (£7,300)
Total return of based on a £20,000 capital account and risk of 1.5% per trade.
Total return of based on a £20,000 capital account and risk of 1.5% per trade.
About Me
- S3
- My name is Simon Grinter. I have been searching for the holy grail - a consistent second income from trading the forex markets. After many years of development, I now solely operate two morning systems, which achieve in excess of a 10% return per month. I teach my methods at seminars held periodically in London. They are fully guaranteed.
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