One of the things that I preach when it comes to trading is that it doesn’t matter what you do in a day, or a week, or even a month. You’re putting together a year. If you can’t make money in a year, then your system isn’t working. But even a good system is going to come up against an environment for a while that it isn’t ideally suited for. And we’re now 8 years into our Forex service, and I have always said that each year, I would expect one or two months of losses, and if it is August or September, don’t be surprised, because those are typically slow months. In 2012, for example, I believe we had 3 negative months at the end of the year when the Forex markets dried up ahead of the “Fiscal Cliff” nonsense. We still made 700 pips for the year that year.
Our goal is to target a win ratio between 50-60 percent for the YEAR. Our system already keeps stops tight and let’s winners run if they want to.
Well, all of that said, 2013 was interesting. The ranges weren’t great for parts of the year, including the last four months again. We went half size in August as usual and, like 2012, we never pushed the size back up because of the ranges. That has only happened in 2012 and 2013. And, we only had 1 negative month, which was November. And the bottom line number is quite good. Let’s dig in.
In 2013, we had 306 triggers off of our main trade calls (again, if you have taken the courses, you can find much more to do, including trading some of the pairs beyond the EURUSD and GBPUSD, using Value Areas, the Seeker/Comber etc., but this is just about the main calls that we make in the Messenger/Twitter feed). 175 were winners. That’s at 57.2% win ratio, which is in the high side of our targeted range of 50-60%, and I’m frankly shocked that it happened in 2013 with the ranges not ideal.
If you take the 12 months in order, here were the pip gains or losses: +95, -93, +275, +175, +120, +135, +210, +390, +65, +185, +325, and +10.
The net gains for the year were 1892 pips!
You can browse the net results of each month by clicking here and scrolling down.
I am also posting a year-in-review report for all markets that will discuss the trading environment of the markets throughout the year.