PipBoxer July 16-20, ‘07 Weekly Results
Sunday, 22nd July, 2007
Quite a hectic week with 21 trades closed by PipBoxer. A good 14:7 win:loss and a handsome net profit of $866.81for the week.
I’m not going to get into details here but just to say I’m totally satisfied with the performance of PipBoxer. The bot made good enters and has a very efficient Money Management system. Just one observation here. As mentioned before, I trade all 11 currency pairs and the diversification seemed to play a role here. EURCAD hit outright SL only to be made up and surpassed by outright TP in GBPUSD and USDJPY.
At the end of the week, there remained 8 open positions with floating loss of $122. Given the past experience with PipBoxer, frankly I’m not too worried.
So my target of at least 5% growth per month has already been over-achieved. My account balance increased to $11,068 from $10,201 a week ago. May be I can start to be more aggressive.