With all the excel spreadsheets and profitability statements that I produce, please note that ALL performances are based off SINGLE LOT TRADING.
The cost of trading varies as currencies move in value. For the purpose of reporting performance, I have assumed a fixed cost for lot sizes. It is swings and roundabouts as far as I am concerned throughout the year as values move.
Trading ceratin currency pairs however need an additional consideration, due to much lower pip values: -
USD/MXN: pips gained or lost are calculated at 5% of the overall positive or negative result.
USD/NOK and USD/SEK: pips gained or lost are calculated at 10% of the overall positive or negative result.
MICRO LOT TRADES = value/cost $0.10
MINI LOT TRADES = value/cost $1.00
STANDARD LOT TRADES = value/cost $10.00
Below are my trading statistics for this year to date, by month and then year to date cumulative data.
SOME THOUGHTS TO CONSIDER ON SUBSCRIBING TO THE WEEKLY FX PREMIUM: