Model Portfolio
On the 16th January 2010 I launched my new website. On this day I also issued or "Money Management Document" (Document will be emailed to you when you sign up for a subscription or trial), which outlines how I trade my funds in the room.
Up until the 16tth January 2010 I had done my best in the room to nominate my stake size, and somehow managed to translate it into pips. However, I felt that it was not enough to show how many pips I had made, but also how much I had increased my working capital over the month. You can see the old score sheet with its "pip/point count" here.
As a result of my desire to display an honest and unambiguous "scoreboard" I decided to create a model portfolio worth £25,000. I would then trade the portfolio with 1.5% risk per trade. I would reserve the right to change the parameters if I felt compelled to do so, but for the time being I would define my risk profile as such.
From the 16th January 2010 the performance sheet will display the amount of pips made as well as the percentage increase in my model portfolio. I operate two kinds of trade classifications, namely swing trade and intra-day trades. The two have different stop-loss size, but will risk the same capital. For example a swing trade will risk 120 points but use a smaller stake size. A intra-day trade will risk 50 points but will risk the same capital that a swing trade does. Therefore you will see trades that are seemingly similar in points, but will yield different monetary value to the portfolio.
Please note that the result below only reflect trades from the 16th January 2010 onwards. All trades are inclusive commission and spread. Please also note that every point made/lost does not equate to the same monetary amount.
