Sapphire

Hello,

I'm Opal, creator of Gemstone Systems, a fledgling entity that develops institutional grade trading systems. Gemstone currently has 3 trading systems, Ice, Saphire, and Jade.

In this journal, I will post our daily trades for Saphire, a system that trades the Globex currency futures markets. At the end of each week, a P&L will be posted based on opening account equity of $50,000US.

Saphire rarely holds positions longer than 24 hours.

Ice is restricted to a maximum loss of $1,000 US per contract.

Definitions:

BTO: Buy to Open
BTC: Buy to Close
STO: Sell to Open
STC: Sell to Close
 
Performance for the trading week ended 2/13/09

Trades: 2
Profitable: 0
Losses: 2
Win ratio: 0.0%

Net Profit: ($1,842)

Avg. Win: $0
Avg. Loss: $916
 
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