Results & Open trades as of 30/06/09 - NRG Trading
by, 30th-June-2009 at 11:39 PM (2333 Views)
Current results & Open trades as of 30/06/09.
As you can see I'm currently suffering some drawdown. There are a few reasons for this.
1. I've been extremely busy lately and have been finding it hard to devote as much time as I would like to trading and have been a bit lazy managing my open positions as well as I would have liked.
2. I'd taken on slightly more risk (via open positions) then I'd normally would hoping to take advantage of the current market conditions - but due to 1. I probably suffered more than I should have.
3. The general market has stalled somewhat but my drawdown is more because of reasons 1 & 2.
In saying all that my drawdown is not too bad and it was a risk I was willing to take because if it had come off I would have done very well out of it. I also still have some very good trades open and a few that look promising so we will see how the next quarter goes.
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