Five Minutes a Day Trading – Profit – Feb 18

After a long and frustrating run, the 5MADT strategy delivered a profitable trade. In fact, it was a text book example of the market behaviour the strategy seeks – an intial wobble in the opening rotation, before the market set a direction for the day.

Here’s the set up:

20120219 dax prices

And the score card:

20130219 results

Note the power of the profit to loss ratio – despite only two successful trades so far, the strategy is down just 40 points. Two more winning trades over the next few days would see the strategy back in profit.

You can read more about the Five Minutes a Day Trading strategy here:

http://blog.cmcmarkets.com.au/2013/02/01/five-minutes-a-day-trading-germany-30/

 

 

About michaelmccarthycmc

Chief Market Strategist - CMC Markets and Stockbroking Regular on ABC, BBC, Bloomberg, Channel TEN, CNBC, SBS and SKY
This entry was posted in Market, Shares, Stocks, Trading and tagged , , , , , . Bookmark the permalink.

2 Responses to Five Minutes a Day Trading – Profit – Feb 18

  1. Lex says:

    Starting to get interesting, a few positive trades could change what looked like a real dismal position. I do like how you are keeping everything in an easy to read format, good luck for the rest of the month, I for one will be checking how its going.

    • Thanks for your thoughts Lex. I find having solid analysis backing my trading makes it easier to stick to the plan when the inevitable dry spells hit – although must admit this was a real test of patience and persistence. Good luck in the markets.

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