Forex Profit Monster Results 4th Quarter and 2013

*********************************************************************************
(The portfolio of currency pairs being traded on the 4 Hour chart with Forex Profit Monster consist of:

EUR/USD, USD/CHF, USD/JPY, GBP/USD, USD/CAD, EUR/JPY, AUD/USD, GBP/CHF, AUD/CAD.

This portfolio will remain the same each quarter unless stated otherwise.

All results INCLUDE transaction costs... THIS IS REAL LIVE TRADING so all costs, spreads, slippage, interest rate swap, etc... are included in the results.)
*********************************************************************************


The 4th quarter of 2013 was a nice end to the year, showing almost a 7% gain.  There was a lot of volatility in this quarter... especially in December.  At one point the returns for the quarter were almost double what they finished as.  I contribute this extra volatility to the "big money" money managers making changes in their positions and portfolios for the coming year.. and this volatility usually continues into January.  After 7 years it doesn't get any easier to watch some "paper gains" disappear, but if you're going to be a successful trader you must understand you will never capture every pip of a move.  The goal is to grab as much of the "middle" as you can... and to not let your emotions cause you to enter or exit a position early (or late).

Here are the results:

4th Quarter: + 6.71%

102 total trades  Win rate: 32.29%

Max Drawdown: 9.68%  Average "Reward to Risk" ratio: 3.42 to 1

As you can see there were some very strong/long trends during Q4.  While the win rate was only slightly higher than Q3, the R/R ratio was much stronger this quarter at 3.42 to 1.  This accounts for the extra profits captured in Q4.  Here's an equity graph of the account balance during Q4:

Of course the end of the 4th quarter also brings an end to the year, and here are the numbers for 2013 overall:

2013: + 34.34%

Win rate: 29.84%

Max Drawdown: 17.84%  Average "Reward to Risk" ratio: 2.9 to 1

Here's the equity curve of the account balance for 2013:

Thanks for following along and best of luck in your trading!

For more information about purchasing Forex Profit Monster for your own trading (and also my daytrading system Forex Day Monster), visit my website at www.forexprofitmonster.com.  Or you can visit my eBay page (http://www.ebay.com/usr/jimsgr8stuff4less) where I list one or two systems per week at a discount off the regular price on the website.

Jim

www.forexprofitmonster.com