Oct 2007 Report
 

 

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Performance since start of reporting

Monthly Report 

1st October 2007  –  31st October  2007

 

 
Another good month, building upon the last.   This time my accounts were up 6.9%.  Nice to see the equity curve head in the right direction after languishing for awhile.  Strangely enough it was an entirely different set of systems that brought in the money this month as compared to last. 

As all traders will know, the markets are still troubled with the sub-prime mortgage crisis and associated credit risk, and we are seeing periodic extreme volatility spikes.  Exciting times, but sound risk management is absolutely essential.   Hopefully, things will continue the way they are going, giving me the opportunity to push a little harder.

As an aside:  OANDA recently did an interview with me, which may be read here:  http://www.fxtrade.com/fxtrade/trader_stories/malcolm_morley/

Wishing everyone good trades.

 

 

 

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