Thursday, May 22, 2014

Automated Trading Strategy Review - Gold Futures

Gold Auto Trader
Gold has been VERY sideways over the past week or so. This is causing a bit of trouble for the TREND Auto Trader as there really isn't a trend to hop on with. Even with that said, the TREND Auto Trader still managed to keep a profit locked up and bank us a nice $100! This gives us a nice boost in confidence in that, even on very difficult weeks, it still does perfectly fine and makes us profit all the same!

Gold Performance
Gold brought in a solid $100 this past week in very difficult market conditions and it did it with some very solid stats to boot! We had our largest winning trade come in at $220 while the largest losing trade was way back at only $70. Along with that, we had our average winning trade come back at $125 and an average losing trade of $50. Altogether this gives us a reward vs. risk average of 2.50 and a total profit factor of 1.67! We are seeing a boost in trades taken at 2.50 which isn't a big surprise considering we keep chopping back and forth but the hold times are relatively quick at only 78.0 minutes on avearge.

Gold Executions
Gold took a total of 5 trades this past week for a  commission cost total with multiple contracts of $25. We had 2 of the 5 come in as winning trades and the other 3 as losers for a trade accuracy total of 40.00% as well!

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