Official 2015 Year End Results

Every once in awhile I receive a comment/email asking me whether or not I'm still trading, since I obviously am not updating this blog on a regular basis anymore.  The answer is yes... I am still trading and in fact it's what I love to do and I don't see myself ever stopping.

However I also enjoy writing about trading and helping people who are trying to learn to trade/invest for themselves.  I've gained A LOT of experience over the past decade since designing the original "Forex Profit Monster" trading system... and I feel like I have a lot to "give back".  One of my goals for 2016 is to become more active in writing on this blog again... not just about my own trading but offering my insight/advice about trading in general that may help those who are trying to learn... either from a beginning stage or just trying to move to a new level in their trading.  In fact, if you have any questions regarding trading that I might be able to help you with feel free to drop me an email to the Gmail account associated with this blog.  It's simply "forexprofitmonster" at Gmail.  (Written that way to cut down on the amount of spam received).  Not only will I try to answer your email but it may provide the inspiration for a post here on the blog.

Some of the people who contact me also want to know what happened to my website that was attached to this blog (forexprofitmonster.com). The answer quite honestly is there wasn't much use for it anymore and so I shut it down.  I decided at the beginning of last year to stop selling Forex Profit Monster, not because it's not still a quality system or that I don't use it anymore, but because interest in it had waned to the point where it wasn't worth my time to continue to offer it.  It seems people who trade are only interested in the "newest, hottest thing" and FPM was almost 10 years old and therefore didn't fit that category anymore... even though it was working as good as ever.  So I pulled the plug on not only the website but selling it on eBay.  So if you're one of the people who contacted me wanting to buy FPM my apologies but I don't check on this blog enough and may not have gotten your message for weeks or months after it was sent.

The good news is if you're still looking for a profitable system that can be traded in just a few minutes a day I may, for a VERY short period of time, offer a new system that I've been trading for the past couple of years.  More on that to come.  If interested you can let me know through the above email address and I'll contact you when I decide to make it available.

On to the main reason for this post... the results from 2015.  I'm going to make this short and sweet... I followed up 2014's 55% return with a 24.22% return for 2015.  I think this a pretty big accomplishment considering I didn't really trade that much in Forex in 2015.  Most of that 24.22% was from trades opened in 2014 that I continued to manage all the way through 2015!  Add to that the fact that I started out the year by taking a hit of (-22%) on the Swiss National Bank devaluation... and finishing up by more than 24% on the year is something I'm very happy with.

So far to start 2016 I'm also happy to say I've seen some nice moves in the U.S. Dollar that already has me ahead by 4.1% in just the first 7 trading days of the year.  (And this is just in the part of my portfolio that I track for these results... I've actually seen double digit increases across all accounts/sectors!)

So that's it for the 2015 results for the section of my portfolio that I manage with FPM... and here's to posting more often in 2016!

Happy New Year to all and best of luck in your trading in 2016...

Jim

2014 Official Year End Performance for Forex Profit Monster/Effect of Swiss National Bank and the Swiss Franc "depegging" from the Euro

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(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.)

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In the last post I mentioned that I was up about 54% for 2014.  The final results are in, and I finished the year up 55.05% with Forex Profit Monster.  While it was a spectacular year, I do see some changes in store for me in 2015.

The amount of money that I am currently trading is actually getting to be a respectable amount (for a retail trader anyway :-P).  I've come a long way from the guy who started out with less than a couple thousand dollars several years ago... so, as of this post I've changed my time frame from the 4 Hour chart to the Daily chart.

The reason I was trading the 4 Hour chart to begin with was to increase my opportunities and grow my account faster.  As far as I'm concerned I've accomplished this... and now I'm more interested in reducing some of the transaction costs and equity curve volatility by trading less.  The current trades I have open on many of the pairs (EUR/USD, USD/JPY, USD/CAD, GBP/USD and AUD/USD) seem like they are long term trends... and now would be a good time to continue them on the Daily time frame.

I am also considering making some changes to the portfolio that is currently being traded after doing some research on a new system.  I feel there are some pairs that have performed well over the past 25-30 years on both Forex Profit Monster and the new system... and will likely be adding them in the very near future.  The size of my account will also allow some additions to the portfolio... so again, the timing is right.

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Now some comments about the Swiss revaluing their currency by "depegging" from the Euro.
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I know it was tough for a lot of retail traders who lost their accounts because of the huge move... heck, it even put some brokers out of business (R.I.P. Alpari UK).  In fact my own broker, FXCM, almost went belly up as well (I was moved from IBFX to FXCM last summer when Monex Group decided to end its MT4 retail Forex arm of the business).  It was a close call, but FXCM has gotten a new influx of capital to continue operations... and there is even a rumor that they may try to "revive" Alpari UK to give themselves a foothold in the brokerage business in England.

With all that happened last week because of the Swiss "ambush", the news wasn't so bad for me personally.

One of the lessons I've learned (and tried to pass on to others for the past several years) is to TRADE RESPONSIBLY... USING THE PROPER SIZE FOR YOUR ACCOUNT AND NUMBER OF VEHICLES YOU'RE GOING TO TRADE.  Because I follow my own advice (which not all traders do) I only suffered about a 22% draw down from the "Black Swan" announcement from the Swiss.  Most of that was lost in a long USD/CHF position... and it was thousands of dollars in open equity profit... not really much in the way of cash after I was able to close out the position.

While I can't say that I "jumped for joy" over several thousand dollars in profit disappearing in the blink of an eye and an immediate draw down of 22%, compared to what happened to many others that day it certainly could have been much, much worse.  I've also recovered some of that draw down already through other open trades and am currently only down about 13%.  Even better news is that the draw down was from a higher equity high than I ended 2014 with, because I was up almost 15% on the year already for 2015 when the Swiss announcement was made.  What this adds up to is while I lost a lot of open equity profit over this mess... I'm really only down a couple of percentage points from where I finished 2014... and only a few hundred dollars in cash.  My new mantra for now is "... it could have been worse... it could have been worse... it could have been worse..."

While I do legitimately feel sorry for those who "lost it all" last week, I must say that I feel very good about my own trading.  I figure if I can weather an event like the CHF revaluation and keep earning double digit returns that I may just be in this game for the long run. For me this fiasco was a confidence builder... yes, even after all these years of trading it's nice to build your confidence through events like this!  This is a marathon for me, not a sprint... with the ultimate goal of not just trading for a living, but to be able to provide an even better lifestyle for my family and to use the skills I've developed into my retirement so I'm never forced to have to worry about where my next $ or "paycheck" is coming from... or worse, depending upon someone else to provide "investment returns" that I'll be living on.

Here's hoping you survived "Hurricane Swissy"... and if not, consider it a life lesson. Get up, dust yourself off, find a little more risk capital and start trading with more confidence that with the knowledge gained you can probably withstand a "Black Swan" like that next time.

If you have any questions just send me an email through the website and I'll be happy to lend an ear... as much as I legally can :-)

Jim
www.forexprofitmonster.com

December 2012 Results & 2012 Year End Results for Forex Profit Monster

It's the start of a new year, that means it's time for my end of the year results post for Forex Profit Monster.  As you can see from the equity graph above it was another profitable year!  But before I break down the results for the year, I need to post the results for the month of December.  And before I do that, I'd like to take some time to reflect back on my trading in 2012.

This past year was the 6th year in a row that I've seen a profitable year trading with Forex Profit Monster.  The system that I designed and coded back in 2006-2007 has performed very well heading into its 7th year by showing me about 65,000 pips of profit overall. It's been grinding out nice profits during most months/years and also capitalized on the chaos that was 2008, netting me about a 300% profit for that year while most people were losing.  While I've enjoyed the success I've had with Forex Profit Monster, I've also continued to grow as a trader.  If you've followed this blog at all (or at least read some of the early posts) you've seen some of that growth... from the time frames I've traded to my metamorphosis to being a trend follower exclusively (I only trend follow now, I don't trade ranges or other mean reversion strategies anymore).

In the past few years I've watched my account grow in value to the point where it's almost time for me to take trading to the next level... by diversifying and trading more than just the Forex market.  The next logical step for me as a trend follower is to move into the Futures markets... trading commodities and other futures contracts.  To prepare for this I entered into a mentoring program in 2012 with one of the top commodity traders in the United States.  I won't mention his name as I haven't cleared doing so with him, but if you've been trading for any amount of time you would probably recognize him from his market related media appearances and his book written in 2011.  I've learned a lot from this trader, and continue to do so.  In fact, things have gone so well I will be working as an assistant to him in 2013 which will allow me to learn even more about trading futures as well as the trading business in general.  I have a lot to be grateful and thankful for as I look back at 2012, and am even more excited about 2013 and beyond!

On to results... here's what happened with my trading with Forex Profit Monster in December...

December was a great follow-up to November as I saw not only some nice winning trades during the month, but also some gains from trades that opened in November that closed out during December.  Once again the trends were nice and smooth on many pairs which kept the number of trades down and the profits up.  It was a rare month in that I had a 68% win rate... you don't see many months like that in a trend following system where the average win rate is usually more in the 30-35% range.  However the average risk/reward ratio was also lower... 1.74 to 1 instead of the 3 to 1  or 4 to 1 ratio where it usually is during winning months.  I had a profit of 657 pips in December, and here's how the rest of the monthly results played out:

19 trades total
13 wins:  892 pips
 6 losses: 235 pips

Total: +657 pips

68% win rate
Avg win:  68 pips
Avg loss:  39 pips
Avg risk/reward ratio:  1.74 to 1

Here are the results by currency pair:

EUR/USD  2W, 0L  +352
GBP/USD  3W, 1L  +166
USD/CHF  2W, 1L  +158
USD/CAD  2W, 1L   +38
AUD/USD  1W, 1L   +19
GBP/JPY    1W, 0L   +15
EUR/JPY    1W, 1L  (-41)
USD/JPY   1W, 1L  (-50)

Since it's the end of the year, that means it's the end of the 4th Quarter.  With October's 220 pip loss and the gain of 657 pips in both November and December, I showed a profit of 1,094 pips in the 4th quarter.  Here's the updated equity graph:

And here are the final results for 2012:


January: +891
February: +206
March: +1,667
April: (-293)
May:  +1,640
June:  +2,209
July:  (-343)
August: (-699)
September +1,103
October (-220)
November +657
December +657

That's a total of 7,475 pips, or an average of 622 pips per month.

There were 8 winning months in 2012 with 9,030 pips gained, and 4 losing months with 1,555 pips lost.  That gives me a monthly win rate of 66.6%, an average win of 1,128 pips, and an average loss of 388 pips, which calculates to an average risk/reward ratio of  2.9 to 1.

For more information regarding purchasing Forex Profit Monster (or my day trading system Forex Day Monster), please visit the website at www.forexprofitmonster.com or my eBay page at http://myworld.ebay.com/jimsgr8stuff4less where I list one or two items per week at a discount.

Best of luck in your trading...

Jim
www.forexprofitmonster.com

Forex Profit Monster Results - April 2011

It's been almost a year since I've had a "windfall" month like April. It always feels good to reap the rewards of being a patient trend follower... and when the pips come flowing in like they did last month, you can't help but feel good! After all was said and done, I finished April with a profit of +2,168 pips across the 8 currency pairs I trade on the 4 Hour chart. I'm at a new account balance high, a new equity high, and I have a few trades still open that have carried over into May with a current total of about 1,500 pips of profit!

I'll get into the exact details of the month's performance in a little bit, but first the time seems right to address a question I got about 2 weeks ago from a fellow trader. I'll keep this person's name anonymous because I didn't ask to publish his question, but I think it's important to answer it and discuss the subject matter he brings up in an open forum so that others who may have the same mindset can learn.

The question posed was regarding my year end results with Forex Profit Monster over the past few years and the "sub-par" performance of the first two months of 2011:

"With regards to decreasing ROI year after year (2008: 300%, 2009: 60%, 2010: 30%, 2011: ?% do you consider FPM to be slowly losing its edge?"

I don't mean to be rude, but if this seems like a good question then you have a LOT to learn, young Jedi. :-)

The fact that the ROI has decreased each year for the past 3 years is not because the trading system is becoming less effective... it's actually quite the opposite! This system is very robust, and it adapts to the current market conditions. The reason that I experienced a 300% return in 2008 was because of the global "market meltdown" toward the end of that year. FPM helped me to achieve the incredible results in 2008 (not only a 300% return for the year, but more than a 100% profit in the month of October alone) while many other traders and investors were losing 40-50% of their account values (or more... there were a lot of account "KABOOMS" heard toward the end of 2008!). It was the "black swan" event that drove the profits for 2008... those profits were extraordinary and they can't be expected EVERY year. However sooner or later they will happen again (with things the way they are more likely sooner than later), and if you're trading a sound trend following system like FPM you'll be in the same position I was in 2008 when they do.

As far as 2009 and 2010 are concerned, all veteran traders know that after a huge event like we had in 2008 it will always take some time for markets to "settle down" again while volume and volatility move from one extreme to the other... and because of this profits during these times can be squelched. I don't know if that's what you can call a 60% and 30% return, but I guess you can if you're comparing it to 300%. However, any way you look at it even 30% is a great year. Even suggesting that a 30% return on the year is "poor" performance (as the person who asked the question seems to think) shows someone who is far removed from reality!

Here's some "homework" for you if you think a 30% return on the year is poor performance... go to your local bank and ask them how much of a return they're willing to give you on a savings account; or better yet, tell an investment adviser that you think a 60% or 30% ROI on the year is poor performance and tell them you'd like to invest with them... I'd almost guarantee they won't take you on as a customer... in fact they may call security and have you escorted from the building LOL!

If you are a new trader (or even an experienced trader) who thinks the question asked was valid, then you need to adjust your view of the market(s). Trading systems can only deliver what the market allows them to under the current market conditions. If you think you have any control other than to follow your trading plan and accept the returns available then you should probably give up trading because you're going to lose all of your money in the long run. Find someone who is a good trader/money manager, give them your money to trade and let them make you some money... or just donate the money you were going to use in your account to a worthy charity... at least then it will do some good since you're probably going to lose it all anyway! As an added bonus of doing this you can claim the tax write-off!

And here's some more advice for those of you who might feel better selecting a professional to manage your money... invest it in a trend following fund... and do the opposite of human nature and buy in during a drawdown (when the fund is actually temporarily losing money) so that you can maximize your returns when the new trends kick in! If you buy in during the "good times" (like after a 300% ROI year), you may start out in a drawdown or during a long stagnant period while the market consolidates. If you're going to be successful even placing your money with someone else, this is the way you need to learn to think!

Now with that out of the way, here are the results for April:

19 trades

11 wins: +2,876
8 losses: (-708)

Total: +2,168 pips

Win rate: 57%
Avg win: 261 pips
Avg loss: 88 pips
Avg Risk/Reward ratio: 2.96 to 1

Here are the results by currency pair:

USD/JPY 2W, 0L +472
EUR/JPY 1W, 3L +444
AUD/USD 1W, 0L +421
GBP/JPY 2W, 1L +344
EUR/USD 1W, 1L +213
USD/CHF 2W, 0L +203
USD/CAD 1W, 1L +90
GBP/USD 1W, 2L (-19)

And the up to date yearly results so far for 2011:

January (-35)
February (-334)
March +869
April +2,168

That's +2,668 pips total so far for 2011, or an average of +667 pips per month.

I hope your April was as profitable as mine, here's to a successful May!

If you'd like more information about Forex Profit Monster (and my daytrading system Forex Day Monster), visit my website at www.forexprofitmonster.com. You can purchase both systems there on the "Purchase" page.

You can also buy each system individually on my eBay page at http://myworld.ebay.com/jimsgr8stuff4less/ where I list one or two trading systems per week at a discount.

Jim
www.forexprofitmonster.com
http://myworld.ebay.com/jimsgr8stuff4less/

Forex Profit Monster Results - December 2010 and Yearly Results for 2010

Even though I may be a week late by the time I got around to writing this post, let me wish you a Happy New Year!

The end of a year always provides the opportunity to look back over the past year (and sometimes even further) to evaluate things... and that's what I've been doing recently with my trading with FPM.

First conceived and developed by me in 2006 and first traded live in 2007, this system is now heading into its 5th year as my primary trading system. You can see from the graph above that I've had a lot of success with FPM since the start... and if you'd like you can read about my month to month experience and results by going back to the beginning of this blog which I started in January 2008, just a few months after I began trading with FPM. There are very few trading systems available with this type of transparency... no curve fit back tests... no "look at this one trade" screen shots... just my personal month to month results (winning and losing) for anyone to see and decide if they want to use FPM in their own trading.

The end of a year is also a very telling time for a trading system as yearly results are the industry standard for judging trading systems and money management firms. Monthly results are nice to follow, but with the changes in price cycles and trends anyone can get lucky for a month (or even a few months). There just isn't enough data in the few trades generated in a single month to give you a good idea of overall performance. However in 2010 I passed some milestones with FPM... not only did I surpass the industry benchmark of a full 3 year track record, but also surpassed 1,000 trades with FPM last year. (While 1,000 trades may not be a huge sample, remember this is LIVE FORWARD TRADING... not back testing. There's a world of difference between the two, and live forward trading trumps any kind of back testing... no matter how much data you use or how many trades you back test!) The report card for 2010 is in... and even though it wasn't my best year of trading with FPM... it was still a very profitable year! I'll get to those results for the year just after the December 2010 results:

32 trades
13 wins: 2,076 pips
19 losses: 1,489 pips
Total: +587 pips

40 % win rate
Avg win: 159 pips
Avg loss: 78 pips
Avg Risk/Reward: 2 to 1

Here are the results for December 2010 by currency pair:

USD/CHF 2 W, 0 L +493
AUD/USD 4 W, 1 L +337
GBP/JPY 1 W, 2 L +318
GBP/USD 1 W, 1 L +102
EUR/JPY 2 W, 1 L +97
USD/CAD 1 W, 3 L +57
USD/JPY 1 W, 5 L (-113)
EUR/USD 1 W, 6 L (-698)

Here are the results for the year 2010:

January: +823
February: +669
March: +434
April: (-446)
May: +4,597
June (-1,870)
July (-185)
August +903
September (-1,737)
October +1,717
November +901
December +587

The win rate of months for the year 2010 was 66%

8 winning months for 10,631 pips
4 losing months for 4,238 pips

Total pips won: +6,393
Average: +532 pips per month

Here's a graph of yearly performance from 2007 to the end of 2010:


These results translated into a 37% increase in my account in 2010.

What will happen in 2011? No one knows... but I'm confident that after the results I've had with Forex Profit Monster over the past 4 years that if I follow the trading plan and manage my money properly (as instructed with the information that comes with FPM), I will continue to add to my profits in 2011 and beyond!

For more information about Forex Profit Monster (or my day trading system Forex Day Monster), visit the website at www.forexprofitmonster.com. To purchase, click on the "Purchase" tab in the menu at the top of the website, or visit my eBay page at http://myworld.ebay.com/jimsgr8stuff4less/.

Thanks for reading and all the best to you, your family and friends in 2011!

Jim
www.forexprofitmonster.com
http://myworld.ebay.com/jimsgr8stuff4less/

FPM Results - December 2009 & Year 2009

Hard to believe it's time to post the FPM December results and the year end results for 2009!

First things first... yes, December was a "winning" month. I'll get to more details on that, but first I'd like to talk about what's been happening since I posted the November results.

Many people have been contacting me over the past couple of weeks asking how FPM is doing after having the "worst monthly results ever" in November. Most of these emails are from people who are genuinely interested in the system performance and how I'm personally doing in my trading because they are considering purchasing FPM, but some of them are from the "detractors" who like to come out of the woodwork every time I have a losing month (which by the way, isn't often). It's amazing to me that there are actually people in this world who get satisfaction out of what they perceive as the downfall of someone who is experiencing success. I guess it's due to their inability to achieve success in the first place and it makes them feel better to think that someone else isn't successful anymore either.

What these "detractors" don't realize is they're missing the point. One month's results doesn't make or break a good trading system. No one wins every month, and if this is what you think is necessary to be a successful trader you'll NEVER be a success. Winning more pips over time than you lose is what makes a successful Forex trader (and system), and a quick look at the equity graph at the top of this post and on the homepage of www.forexprofitmonster.com shows how successful FPM has been over the past two and a half years (actually more than 3 years since I started testing it).

The other point that everyone who refers to November as the "worst month ever" for FPM is missing is that the system has had losses of over 1400 pips in a month before. These types of draw downs are typical in a trend following system... it's just that this time the calendar month ended during one of these draw downs before the trends that supply the winning pips began.

This is evident if you change the time frame that you use in posting the results. By adding a week before and after the month of November into the results, we can reduce the loss by almost 50% to well under 1,000 pips. If we combine the months of September, October and November the results become positive... + 1,175 pips, or +391 pips per month on average. Do you see how the results can be manipulated by changing the time frame used? The only important thing is the end result... is the system profitable over the long haul? Again, look at the historical equity curve posted at the top of this post and the answer is clear.

This lesson also shows how important trading psychology and money management are to a trader. If you're unwilling to continue trading after suffering losses like I did in November, you will miss out on the profits that will negate the losses. And if you're not using proper money management you definitely won't be around to enjoy those profits because the money in your account will be gone by the time the trends start again. That's why it's so important that you read and understand the material supplied with Forex Profit Monster regarding those subjects.

Now on to the December results on the 4 Hour chart across the 8 currency pairs I trade, followed by the year end results for 2009:

December 2009

32 total trades
10 wins: 1,938 pips
22 losses: 1,536 pips
Total: +402 pips

Win rate: 31%

Avg win: 193 pips
Avg loss: 69 pips
Avg Risk/Reward: 2.79 to 1

Results by pair:

EUR/USD - 2 wins, 1 loss +461 pips
GBP/JPY - 2 wins, 4 losses +304 pips
GBP/USD - 2 wins, 2 losses +173 pips
AUD/USD- 1 win, 3 losses + 74 pips
USD/CHF- 1 win, 2 losses + 37 pips
USD/JPY - 0 wins, 2 losses (-197 pips)
USD/CAD - 2 wins, 5 losses (-222 pips)
EUR/JPY - 0 wins, 3 losses (-228 pips)

That's it for December... officially a 402 pip profit for the month, but since January has started I have closed out a couple of winning trades and have opened a few more that have moved well into profit... these trades show a current profit in equity of over 900 pips which is a good sign that January will end up as a profitable month as well.

Now for the final results for the year 2009 by month:

2009

January: 3,795 pips
February: 890 pips
March: 779 pips
April: 151 pips
May: 2,494 pips
June: 253 pips
July: 775 pips
August: (-230 pips)
September: 1,530 pips
October: 1,047 pips
November: (-1,402 pips)
December: 402 pips

10 winning months: 12,116 pips
2 losing months: 1,632 pips
Total profit: 10,484 pips

Win rate: 83%
Avg pips per month: 873 pips

These results translated into a 62% account increase for the year. While it's not the 300% achieved in 2008, it's certainly still an excellent year.

So there are the results... a good December and a good 2009. What will happen in 2010? As those of you who follow this blog know I don't allow any market predictions to influence my trading, but it's only human nature to wonder what will happen and to have an opinion. If I had to make one, I'd say that the U.S. Dollar is in a precarious position. The Fed will not be able to keep interest rates at or near zero through all of 2010... and this alone will cause some longer term trends to break out in the Forex this year as the monetary policy in the U.S. turns from focusing on boosting the economy to controlling inflation. Also, if the U.S. employment doesn't experience some real growth (as opposed to the "fake" growth being propped up and falsely reported by the Obama administration) the U.S. Dollar could be in for even more large moves. Hang onto your hats... it's going to be an interesting year in the U.S. financial markets.

For more information about Forex Profit Monster (and my day trading system Forex Day Monster), visit the website at www.forexprofitmonster.com.

To purchase either (or both) systems, visit my eBay page at http://myworld.ebay.com/jimsgr8stuff4less

Whatever happens in 2010 I wish you and your family a healthy, happy and profitable New Year!

Jim

www.forexprofitmonster.com
http://myworld.ebay.com/jimsgr8stuff4less

Forex Profit Monster December Results; Year End Results

Today it's time to sit down to post my results for Forex Profit Monster for December and the year 2008! The results are great on both counts, so let's get right to it...

For the month of December I took 19 trades across 8 currency pairs on the 4 Hour charts. Here's how they broke down:

EUR/USD - 2 trades... 1 win, 1 loss - +1012

USD/CHF - 3 trades... 1 win, 2 losses - +650

USD/JPY - 2 trades... 2 wins, 0 losses - +493

GBP/USD - 3 trades... 2 wins, 1 loss - +152

USD/CAD - 2 trades... 2 wins, 0 losses - +366

AUD/USD - 2 trades... 1 win, 1 loss - +172

EUR/JPY - 2 trades... 2 wins, 0 losses - +727

GBP/JPY - 3 trades... 2 wins, 1 loss - +62

Totals:

19 trades... 13 wins, 6 losses - 68.4% winning percentage

Total pips won - 4541

Total pips lost - 907

Average win - 349 pips

Average loss - 151 pips

RR ratio - 2.3 to 1

Grand total for December: + 3,634 pips


A great December to end a great trading year for 2008. Here's the monthly totals for 2008:

January + 1462
Februaray +694
March +2122
April +570
May +879
June +617
July +1956
August +4825
September +615
October +11,546
November +95
December +3634

That's a total of 29,015 pips across 8 pairs in the year 2008; an average of 2,417 pips per month!

Without going into great detail about my personal information, I will tell you that this translates into over a 300% account increase for the year 2008.

I hope your trading fared as well for December and all of 2008... here's to many pips flowing into your account!

For more information about the Forex Profit Monster system (and Forex Day Monster day trading system), visit my website at http://www.forexprofitmonster.com/.

Jim
http://www.forexprofitmonster.com/