Welcome to Arc's Trading Recommendations. The purpose of this blog is to mainly share ideas in trading and investing, and also to keep track of my trading activities. Readers are not encouraged to simulate or take up any of the trades that are shown in the blog, and are encouraged to seek professional advice. No claims for losses incurred by simulating trades in this blog will be entertained. Good luck and all the best!

Monday, January 10, 2011

Results of Trading Reco 07/01/11

EUR/USD Short
Hit Entry 1.2998 at 9.32pm
Hit Exit 1.2938 at 9.41pm
Profit 60pips or US$600

Emini S&P Short
Hit Entry 1270.25 at 7.54pm
Hit Exit 1262.25 at 12.35am
Profit 8pts or US$400

To simulate a real trading account, my balance will start from US$20,000 to be able to accommodate the margin for 1 contract of every product: EUR/USD, Comex Gold and Emini S&P.

Thus, after the trade, account balance will be $21,000, and returns will be 5%.

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