I am still trading Have Fun and Best Market Chances. Total gain for May and June is about $11,200 or about 16% with bulk of it due to Best Market Chances. I like that system vendors are responsive to questions and try to help where they can. This is as good of an endorsement as I can make, because at any time any system can blow up and go south and then my endorsement will look silly. Second, I do not really want too many people signing up for these systems and ruining it for me. Sorry, I am am human and a little bit selfish.
It is very difficult to judge when the system becomes broken versus when it goes through a natural draw down. I had to suspend trading Best Market Chances and CHF Vola Breakout when I saw a highly improbable string of consecutive losses. I resumed trading both when I saw win/loss ratio get back to normal. However, I had to urgently bail out of CHF Vola Breakout when losses resumed. Now, it is clear that bailing CHF VolaBreakout was a good move as the system completely fell apart. However, at the time it was not so obvious. All in all loss on the CHFVola.Breakout was about $2500 or 3.5% of my trading capital. You can see my actual trades in the picture above. The other thing I discovered is that trading Forex with IB and TradeBullet is a major hassle, because you end up accumulating CHF in your account and then have to manually take it back to USD. This is not easy unless you are a pro - liquidate position function does not work with Forex very well and you still end up having foreign currency in your account. I tried this using Traders Work Station and Trade Bullet - I still have 3000 CHF in my account which I need to get rid off.
Jumping back into BestMarketChances was a good move with significant profits during the month of June.
If you would like to subscribe to any of the systems that I am currently trading, please send me your email and I will send you a warning whenever I feel there is something wrong and I am either suspending or stopping trading the system.
Finally, I have to say that although I like a common pool of money to allocate to multiple systems and IB is the only vendor that advertises support for stocks, options, futures and forex, the reality is quite different. Forex trading did not work for me at all. Trading futures is much better; however, I had a large number of technical issues where trades were lost due to either a bad connection, software, my computer or a combination there off. If you go this route - please use a dedicated machine that does not do anything but runs TWS and TB, never log off the account, never go to sleep, never run any screen savers and never allow any automatic updates unless you set the time to off hours on the weekend, never get your kids to play games on that machine. Even then make sure the system is responsive and not locked up every day before the trading starts. It is very touchy and unless you are willing to learn about all the quirks - you should not be using this system. It is not one of those things where you sign up and forget.
