Forex Account Update as of 6/30/2012

Account update as of 6/30/2012

OUTSTANDING ORDERS as of End of Day 05/31/2012 settled by End of Day 06/30/2012
Date of entry / Type of Entry / Lot size / Currency Pair / Entry Price / Date of Settlement / Exit Price / Net Profit*
01/03/2012 BUY 0.01 usdcnh 6.31580 06/25/2012 6.37604 -0.59

There was also a “swap revision” this month that amounted to -0.57

*Net profit means profit after consideration of swap fees (these can be negative or positive)

New Orders since End of Day 05/31/2012, settled by end of day 06/30/2012
Date of entry / Type of Entry / Lot size / Currency Pair / Entry Price / Date of Settlement / Exit Price / Net Profit
06/01/2012 SELL 0.02 gbpjpy 119.766 06/01/2012 119.364 +10.30
06/04/2012 BUY 0.02 audcad 1.01141 06/06/2012 1.01734 +11.74
06/12/2012 SELL 0.02 audnzd 1.27850 06/25/2012 1.27112 +10.47
06/18/2012 SELL 0.02 euraud 1.24571 06/26/2012 1.24135 +10.45

New Orders Since end of day 05/31/2012, still outstanding as of end of day 06/30/2012
Date of entry / Type of entry / Currency Pair / Lot size / Entry price
06/01/2012 SELL 0.02 gbpusd 1.53097
06/04/2012 SELL 0.02 usdhkd 7.75812
06/21/2012 BUY 0.02 audjpy 81.551
06/26/2012 SELL 0.02 eurgbp 0.79831
06/29/2012 SELL 0.02 usdmxn 13.3988

Carried Orders Since before end of day 05/31/2012, still outstanding as of end of day 06/30/2012
Date of entry / Type of entry / Currency Pair / Lot size / Entry price
08/04/2011 SELL 0.01 usdcad 0.96454
08/04/2011 SELL 0.01 usdmxn 11.8786
08/08/2011 SELL 0.01 usdmxn 12.1198
09/06/2011 SELL 0.01 usdchf 0.82308
09/08/2012 SELL 0.01 usdchf 0.86223
12/07/2011 BUY 0.01 eurgbp 0.85187
12/20/2011 BUY 0.01 euraud 1.29814
01/05/2012 BUY 0.01 usdhkd 7.76620
01/09/2012 BUY 0.01 audnzd 1.30351
01/09/2012 BUY 0.01 usdtry 1.8710
01/09/2012 SELL 0.01 eurchf 1.21285
02/14/2012 SELL 0.01 usdjpy 77.798
03/14/2012 BUY 0.01 eurchf 1.21465
04/25/2012 SELL 0.02 eurchf 1.20110
04/27/2012 SELL 0.02 usdchf 0.90502
05/17/2012 SELL 0.02 usdcnh 0.90502
05/18/2012 BUY 0.02 eurtry 2.35131
05/22/2012 BUY 0.02 audnzd 1.30114
05/25/2012 SELL 0.02 eurgbp 0.79843
05/25/2012 SELL 0.02 eurchf 1.20050

Equity Balance @ 06/30/2012: $4,345.89
Current Month Return: -0.070%
Initial 10/31/2009 balance: $2,360.46
Current Yield since inception: +84.113%
Annualized Return: +25.731%
Average monthly return: +1.926%

11/1/2009 – 7/31/2010: +89.71%
8/1/2010 – 10/17/2010 (the date at which point I ceased the short strategy and liquidated positions): -34.35%
10/18/2010 – 12/31/2010: +11.94%
1/1/2011 – 1/31/2011: -7.23%
2/1/2011 – 8/31/2011: +29.80%
9/1/2011 – 9/30/2011: -20.68%
10/1/2011 – 11/30/2011: +27.34%
12/1/2011 – 12/31/2011: -5.06%
01/1/2012 – 01/31/2012: +8.15%
02/1/2012 – 02/29/2012: -5.749%
03/01/2012 – 05/31/2012: +12.275%
06/01/2012 – 06/30/2012: -0.070%

Journal Notes:
Received an interesting e-mail from the brokerage where I place my trades on 6/15. Making it clear that they offer no trading advice, they nevertheless gave the heads up on the Greek Parliamentary vote on the following Sunday. It was just a statement of potential volatility in the market to come, so it was a reminder for people to assess exposure so they can make sure they have stop losses in tow, close any overexposed positions, etc.

I can’t remember getting that kind of heads-up e-mail before.

I’m a fan of volatility. Even with short-term losses, I usually pick up extra positions that bounce the other way before too long and I find volatility to be good profit opportunities, so I made no changes to my trading strategy. As it turns out, the result of the elections was such that the excessive volatility never materialized. In fact, June was an overall quiet month.