VORTEX AIMing

[Conrad]

Report on my recent Forex Trading:

In August I started a Turbo EUR/USD Short Using the Vortex Method,
Windows program:
Stop-Loss 1,4448

Bought 100 @ € 3,28 on 25-08: Trading cost € 10 per trade
Bought 20 @ € 3,08
Bought 50 @ € 2,81
Sold 70 @ € 3,47
Sold 100 @ € 3,75 on @ 09:30 of 04-09
Closing price € 3,90 @ ~17:30

No Reserve was used in this Run. Cash Input equaled the required payments for the trade, at the day of buying. At the day of selling the net return was taken out as cash. This way the Vortex AIM Portfolio was at zero cash for the 9-day run and only the equity was on account. No interest earnings.

Total trading cost € 50. The €10 cost per trade is added to the equity purchase price at the time of the trade execution.

Results
Profit € 37,80! . . . I am going to buy a T-bone Steak Dinner with it!
Time average investment TAI= € 424,34

ROTAI= 37,8/424,34*365,25/9*100% = 362 %/year (Simple interest method).

The Vortex Window Program uses a conservative method to calculate the annualized profit percentage: compounded interest in order not to overstate the ROTAI-percentage.
The Windows program calculated an annualized ROTAI = 291%

This was a 9-Day Experimental Run. I had never looked at a Turbo in my life but I took a few day to look at how they work and the I dived into it with € 338 to start with, just for fun and games. . .finding out the hard way!

I speculated on the EUR/USD behavior on what the European and American markets were doing each day. . not an analysis on the basis of all sorts of numerical market "signals" (I don't know any), nor did I look at the x-day average price(would not know where to look and I did not want to calculate it) . . .This approach gave me a "gut feeling" of how the Eur/Usd Ratio would probably react. Mostly I right.

On Thursday evening 03-09 I looked at the European and American indexes and all over the place I saw a mixed market . . I did not look at any specific fund but just at the Red and Green on each Index’s Stock List. I saw nothing that gave me any clue which way the EUR/USD would move(neutral market behavior). The Turbo price had closed at € 3,50. The mixed market gave me the "gut feeling" that there were no negative signals. I am an optimist, like Americans are , so I bet on a positive move with a higher Dollar Trend. Considering that I was already planning to start a Forex Account with Oanda. . .this Forex Broker was recommended to me by 2 (a Dutch & a Canadian) Forex investors I know. It was time to close the Turbo(too expensive to continue that with the high trading cost as a EUR/USD rate drop would rapidly wipe out the investment. With a Forex account the trading costs are very low but just the same the investment can be wiped out quickly with a wrong bet on the index behavior but at least one can trade in-out often at just the Exchange Rate Margin cost.

My other investments(Mutual Funds) appear to be nailed to the Exchange Floor and are not all interesting . . .ZZzzzzz. .
I have ordered a Sell for the works, to get the money into something exciting. . . With my luck they will both open high on Monday when the Amsterdam Exchanges open!

The Next Adventure: FOREX Trading!