After a disheartening start, the strategy delivered a trading profit for the second day in a row, illustrating the importance of sticking with it and trading every day. Despite 8 losses and 2 profits, the higher win/loss ratio (3:1) means overall the loss so far is just 30 pips. Another trading success tonight would put the strategy back into profit.
Here are today's levels:
The dramatic turn around in the strategy's profit and loss is illustrated in the cumulative result:
You can read more about the "Five Minutes a Day Trading" strategy here:
http://blog.cmcmarkets.com.au/2012/07/31/five-minutes-a-day-trading/
