Model T System In 2013

Model T Forex Trading System - Results 1st Quarter 2013

Model T Forex Trading System – Results 1st Quarter 2013

 

These are the 2013 Results of the Model T Forex Trading Trading System, up to March 31st, 2013 – meaning the whole First Quarter.

  • At first glance, performance didn’t look so bad: 9.3% profit in 3 months is healthy.

But (remember, there’s always a “but”) trading forex in January was a SCARY experience!

Just take a look at the numbers:

 

Model T Forex Trading System - Monthly Results 1st Quarter 2013

Model T Forex Trading System – Monthly Results 1st Quarter 2013

Model T Forex Trading System - Weekly Results 1st Quarter 2013

Model T Forex Trading System – Weekly Results 1st Quarter 2013

 

During the first 5 weeks of 2013, the negative trend continued, adding 280 pips to the already dramatic drawdown inherited from late 2012.

Out of the 37 trades of these first 5 weeks, 32 of them – I’ll repeat – THIRTY-TWO of them were losers!

That means 86%, an outrageous number!…

On top of that, the account had tumbled from a peak balance of $358,368.81 (Nov’07, 2012), to a bottom balance of $234,231.18 (Jan’29,2013).

A 34.6% total drawdown!

 

A Desperate Engineer

Yes, I must confess… I was desperate! After years tweaking here and there to come up with the Perfect System, now this!

My level of confidence was really down… and I mean REALLY down!

Do I quit? Do I go on? What to do?

 

Trust Dr. Tumbili?

But then… here’s why monkeys should be in every trader’s life!

Dr Tumbili, our fabulous Monkey Trader friend, continued to press buttons and eat bananas, like life was made of pure breeze.

“Aren’t you upset, Dr. Tumbili? Or worried? Don’t you have FEAR? – I asked… a bit puzzled.

“For what? Why?”

And just like that… he shut me up!

He was right, you know… as usual.

 

Which Makes Me Think!

After watching your account retrace almost 35% in a little more than 2 months, you have two choices:

  1. Quit;
  2. Or close your eyes and keep going!

“Luke!” – I said to myself – “If you don’t want your heart to fail, let Dr. Tumbili trade your Model T System… and GET OUT of the room!” 

That was a wise thing to do.

Take a look at the Quarter’s Results and Analysis:

 

Model T Forex Trading System - Results 1st Quarter 2013 - Analysis

Model T Forex Trading System – Results 1st Quarter 2013 – Analysis

Model T Forex Trading System - Results 1st Quarter 2013 - Analysis

Model T Forex Trading System – Results 1st Quarter 2013 – Analysis

 

After our depressing January, things started, once again, to go North – the direction of our prayers…

The Quarter ended with a healthy 9.3% profit. Not bad… not bad at all!

Did Dr. Tumbili predicted that? Or had the slightest idea what hit us in January?

What about the “Fundamentalists”? And the “Technicians”? Did the “TV and Bank Analysts and Gurus” know anything about what EXACTLY happened to take us so off-track in so little time?

With the exception of Dr. Tumbili, it seems that ALL the others have “valid” explanations to defend their own understandings, since they all seem to have THE rock solid knowledge for the good, the bad and the ugly about forex trading!

Dr. Tumbili, on the other hand, has NO opinions whatsoever… remember? He presses buttons, and eats bananas!

My bet is on him, believe me!

Next time I need any forex explanation, I’ll eat a banana… and forget about my question!

We’ll continue posting the 2013 Results here, probably at each Quarter’s end.

But from now on, please follow Dr. Tumbili and I at My Blog.

Thanks for watching…

____________________

See you at the next page: Building The Robot.