Sunday, December 21, 2008

12th to 19th Dec 2008

12th 2008 - loss Yen 40,000 & profit S$120
16th 2008 - loss S$1,540 & profit of Yen 10,000 and USD 20
17th 2008 - Bill of USD695.50 for Pat's System

We have made some wrong call and was stopped out. The system fee was too expensive, will talk to broker again and change to a new plan since we have quite small trading volume for a start.

Have transferred S$250,000 to another broker which will start trading beginning January 2009. I will focus more on taking position on the Topix/Nikkei spread.

I am rather disappointed by the trading results so far, it show the vulnerability of a trader. It will take some time for us to adjust to the new trading system.

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