FTSE 100 Club Journal

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  • #534
    ReviewTeam
    ReviewTeam
    Keymaster

    FTSE 100 Club Journal

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    About This Journal

    Systems For Traders had to be rebuilt in 2013
    This service was on our Services We Use list from Sep-2011 – Jun-2012
    This is a reconstruction of our journal including
    Key posts and comments from the original forum


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    #555
    ReviewTeam
    ReviewTeam
    Keymaster

    ReviewTeam

    04-Oct-2011

    This is the first month (September) this service has been on our Services We Use list and sadly it is a negative one, as follows:

    FTSE

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 14 / +7 / -7

    • Percentage Of Profitable Trades = 50.00%

    • Average Winning / Losing Trade = +1.24% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.62

    • Largest Drawdown = -6.00%

    • Monthly Return = -5.34% versus a reported -5.26%

    Forex

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 14 / +7 / -7

    • Percentage Of Profitable Trades = 50.00%

    • Average Winning / Losing Trade = +1.44% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.72

    • Largest Drawdown = -6.00%

    • Monthly Return = -3.89% versus a reported -3.89%

    We will report back at the end of October.

    ReviewTeam

    08-Nov-2011

    October follows September with losses again – Details as follows:

    FTSE

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 9 / +4 / -5

    • Percentage Of Profitable Trades = 44.40%

    • Average Winning / Losing Trade = +1.00% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.40

    • Largest Drawdown = -6.00%

    • Monthly Return = -6.00% versus a reported -6.00%

    Forex

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 19 / +11 / -8

    • Percentage Of Profitable Trades = 57.90%

    • Average Winning / Losing Trade = +1.44% / -1.98%

    • Profit Factor (Gross Profit / Gross Loss) = 1.00

    • Largest Drawdown = -6.00%

    • Monthly Return = -0.04% versus a reported -0.09%

    We will report back at the end of November.

    ReviewTeam

    07-Dec-2011

    November sees us return to winning ways with this service after 2 losing months – Details as follows:

    FTSE

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 7 / +6 / -1

    • Percentage Of Profitable Trades = 85.71%

    • Average Winning / Losing Trade = +1.41% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 4.23

    • Largest Drawdown = -2.00%

    • Monthly Return = +6.46% versus a reported +6.46%

    Forex

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 13 / +10 / -3

    • Percentage Of Profitable Trades = 76.92%

    • Average Winning / Losing Trade = +1.12% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 1.88

    • Largest Drawdown = -4.00%

    • Monthly Return = +5.26% versus a reported +5.26%

    We will report back at the end of the year.

    ReviewTeam

    13-Jan-2012

    December sees us back on the seesaw with a losing month following a winning month in November:

    FTSE

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 7 / +1 / -1

    • Percentage Of Profitable Trades = 50.00%

    • Average Winning / Losing Trade = +0.98% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.49

    • Largest Drawdown = -2.00%

    • Monthly Return = -1.02%

    Forex

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 17 / +8 / -9

    • Percentage Of Profitable Trades = 47.06%

    • Average Winning / Losing Trade = +1.04% / -1.78%

    • Profit Factor (Gross Profit / Gross Loss) = 0.52

    • Largest Drawdown = -10.11%

    • Monthly Return = -7.67%

    We continue into 2012 with this on our Services We Use list and we will provide regular updates.

    ReviewTeam

    06-Feb-2012

    We open 2012 with the only Service We Use, The FTSE 100 Club Service, delivering a very poor start:

    FTSE

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 3 / +1 / -2

    • Percentage Of Profitable Trades = 33.33%

    • Average Winning / Losing Trade = +0.96% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.24

    • Largest Drawdown = -3.04%

    • Monthly Return = -3.04%

    Forex

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 13 / +4 / -9

    • Percentage Of Profitable Trades = 30.77%

    • Average Winning / Losing Trade = +1.15% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.25

    • Largest Drawdown = -13.41%

    • Monthly Return = -13.41%

    We hope for much better than this in coming months and as always we will provide regular updates.

    ReviewTeam

    06-Mar-2012

    February sees a positive month for both services clawing back some of the losses made in January:

    FTSE

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 2 / +2 / 0

    • Percentage Of Profitable Trades = 100.00%

    • Average Winning / Losing Trade = +0.86% / N/A

    • Profit Factor (Gross Profit / Gross Loss) = 172.29

    • Largest Drawdown = N/A

    • Monthly Return = +1.72%

    Forex

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 12 / +10 / -2

    • Percentage Of Profitable Trades = 83.33%

    • Average Winning / Losing Trade = +1.17% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 2.92

    • Largest Drawdown = -4.00%

    • Monthly Return = +7.67%

    A better month and hopefully more of a sign of things to come.

    ReviewTeam

    03-Apr-2012

    March sees a positive month (albeit a small one) across the combined services with small winners and break-even trades leading the way:

    FTSE

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 6 / +5 / -1

    • Percentage Of Profitable Trades = 83.33%

    • Average Winning / Losing Trade = +0.77% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 1.93

    • Largest Drawdown = -2.00%

    • Monthly Return = +1.85%

    Forex

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 6 / +1 / -1 (4 Break-even)

    • Percentage Of Profitable Trades = 50.00%

    • Average Winning / Losing Trade = +0.76% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.38

    • Largest Drawdown = -2.00%

    • Monthly Return = -1.24%

    A small, but positive month, so steps in the right direction.

    ReviewTeam

    15-May-2012

    April sees the second positive month in a row (albeit a small one again) across the combined services with a larger number of small winners outweighing losers hitting their stop:

    FTSE

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 7 / +4 / -3

    • Percentage Of Profitable Trades = 57.14%

    • Average Winning / Losing Trade = +1.03% / -2.29%

    • Profit Factor (Gross Profit / Gross Loss) = 0.60

    • Largest Drawdown = -5.40%

    • Monthly Return = -2.75%

    Forex

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 10 / +8 / -2

    • Percentage Of Profitable Trades = 80.00%

    • Average Winning / Losing Trade = +1.09% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 2.18

    • Largest Drawdown = -2.65%

    • Monthly Return = +4.74%

    Again, a small but positive month, so steps in the right direction.

    ReviewTeam

    10-Jun-2012

    May is a net losing month across both service of over -16% and means we are over -20% down year to date:

    FTSE

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 7 / +4 / -3

    • Percentage Of Profitable Trades = 57.14%

    • Average Winning / Losing Trade = +1.26% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.84

    • Largest Drawdown = -4.00%

    • Monthly Return = -0.95%

    Forex

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 14 / +4 / -10

    • Percentage Of Profitable Trades = 28.57%

    • Average Winning / Losing Trade = +1.07% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.21

    • Largest Drawdown = -16.00%

    • Monthly Return = -15.72%

    We will monitor this service for 1 more month and evaluate during our bi-annual review at the end of June.

    ReviewTeam

    09-Jul-2012

    June sees a net positive month with good calls on the Forex market, net return for the month +5.5%:

    FTSE

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 2 / -2 / 0

    • Percentage Of Profitable Trades = 0.00%

    • Average Winning / Losing Trade = N/A / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 0.00

    • Largest Drawdown = -4.00%

    • Monthly Return = -4.00%

    Forex

    • Risk Per Trade = 2.00%

    • Number Of Trades / Winners / Losers = 9 / +8 / -1

    • Percentage Of Profitable Trades = 88.89%

    • Average Winning / Losing Trade = +1.43% / -2.00%

    • Profit Factor (Gross Profit / Gross Loss) = 5.74

    • Largest Drawdown = -2.00%

    • Monthly Return = +9.48%

    Although this was a net positive month for the service if has done little to salvage the performance in 2012 Year To Date (YTD). After a reasonable return in the later half of 2011, 2012 YTD sees both the FTSE and Forex services in negative territory.

    The FTSE service is down -7.17% and the Forex service is down -8.48% 2012 YTD, both based on 2% risk per trade.

    Since the drawdown in January we were looking for some kind of return to consistency across these services. With no indication of this we have decided to remove it from our Services We Use list – We will no longer be monitoring.


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