Binary Options - Month of October 2014
Month of October 2014 has been a challenging month for me, not only in terms of trading but also my personal life. Had to attend to a lot of things and give my utmost attention to my family. In all adversity, there will always be opportunities =]
Planned and tried my best to sit down and look at my charts. With little time I had, month of October 2014, Traded a total of only 7 days with 29 trades done. Total volume is US$735.00. Month end profit is US$49.20.
Dollar cost averaging per trade = Total Volume / Trades Done = US$735.00 / 29 = US$25.34.
Profit made based on dollar cost averaging
= Prrofit / Dollar Cost Averaging x 100%
= US$49.20 / US$25.34 x 100%
= 194.12%
Not bad for a trying and challenging month. For those that know me, I will usually close my books in December every year for all my portfolios, FX Spot, Binary Options and Equities. So, November 2014 will probably be my final trading month for this wonderful year of 2014 =] Peace and trade safely everyone.
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