Paper Trading FTSE 100 Day 2 – 11th April 2008

Here are the results for day 2. For day 1, refer to this entry.

Trade 1
Bought at 6006 (18:00), exited at 6002 (18:55).
Loss: 4 points.

Trade 2
Shorted at 6002 (18:55), exited at 6010 (20:05).
Loss: 8 points.

Trade 3
Bought at 6010 (20:05), exited at 5989 (20:30).
Loss: 21 points.

Trade 4
Shorted at 5989 (20:30), exited at 5913 (21:40).
Profit: 76 points.

Trade 5
Bought at 5913 (21:40), exited 5896 (22:10).
Loss: 18 points.

Trade 6
Shorted at 5895 (22:10), exited at 5890 (00:20).
Profit: 5 points.

Trade 7
Bought at 5890 (00:20), exited at 5899 (01:20).
Profit: 9 points.

Trade 8
Shorted at 5899 (01:20), exited at 5872 (02:30).
Profit: 27 points.

SUMMARY

Profits = 117 points
Losses = 51 points

NET today (points) = 66 points

Cumulative Total = 122 points

Winners = 4
Losers = 4

Biggest win = 76 points
Biggest loss = 21 points

Winning Probability (W) = 0.5

Win/Loss Ratio (R) = 2.294

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Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.

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CFD Trading : An Introduction
CFD Trading/Share Trading : Setting Stop Loss
CFD Trading/Share Trading : Stop Loss in Perspective
CFD Trading/Share Trading : Being Long and Short (Concept of Short Selling)
CFD Trading/Share Trading : Short Selling in Perspective
CFD Trading/Share Trading : The 2% Rule
CFD Trading: What can be traded with CFD

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