January 2015 Summary: R+0.6

Gross Profit:		85.46		Gross Loss:				78.30	Total Net Profit:			7.16
Profit Factor:		1.09		Expected Payoff:				0.34
Absolute Drawdown:		30.66		Maximal Drawdown:				30.66 (2.45%)	Relative Drawdown:			2.45% (30.66)
Total Trades:		21		Short Positions (won %):				20 (45.00%)	Long Positions (won %):			1 (100.00%)
Profit Trades (% of total):								10 (47.62%)	Loss trades (% of total):			11 (52.38%)
Largest		profit trade:						17.04	loss trade:			-15.54
Average		profit trade:						8.55	loss trade:			-7.12
Maximum		consecutive wins ($):						3 (28.10)	consecutive losses ($):			3 (-26.32)
Maximal		consecutive profit (count):						28.10 (3)	consecutive loss (count):			-26.32 (3)
Average		consecutive wins:						2	consecutive losses:			2

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Love that this was profitable and that I managed a 47% win/loss rate, everything else needs work though.

So this is my first profitable month! To say I'm happy is an understatement, but it's different to how I might thought it would be. There's a quiet calm, not excitement enveloping me.

Interestingly by my math I should have shown a higher profit than indicated as I was not adjusting risk for each trade.  At the start of the year I was a bit fed up and instead of calculating the risk for each trade to be 1% of my account like I had been doing to date, I just bet 40p a point for every trade to reduce the work load a little as I knew that each trades risk would more or less be under 0.5% of my account. End of month I am up 0.6%... had I bet my 1% risk on each trade by my sums I would have been up 4.7%. Immaterial now, but still another boost of confidence.