WEEK 3 SUMMARY

% winning trades for week 3: 44.44%
% Cumulative winning trades: 50%
Pip Profit for week 3: -6.2 pips
Cumulative pip profit: 240.8
$ Profit for week 3: -$5.16
$ Profit Cumulative: $106.18
% Profit for week 3: -.46%
% Profit Cumulative: 10.62%
% Weekly Gains so far: 3.42%/week

Annual Returns extrapolating over 52 weeks, 475.16%

Overall this was a bad week, though -.46% is a fairly good "bad week" to have.

Hopefully the full power of statistics will soon come into play and the recent down trend will reverse and we can have some 2-1 and 3-0 days.

Also note that, as expected, 50% of trades were winners, and 50% were losers, yet a decent profit has been had.

As the experiment plays out more and more trades means a larger sample size and thus the % of winning trades should stay pretty close to 50%, and 50% winning trades means consistant profits for the system.

What this basically means is that , 3.42% weekly performance matches perfectly with what one expects in the long term, meaning that this system should be able to double after 21 weeks.