In an effort to have the Club running more profitably and smoothly than it has in the last few weeks, we have decided to make some changes to how it is run.
The most major change is that we only have one trader be responsible for all trading covering an entire day.
Also the automatic cutoff points for trading is 3 consecutive losing trades in a row.
If the trader is having one of those days where he is winning one trade and then losing the next trade, the idea is that after 5 trades to just call it a day.
This means that we are probably looking at around 60 – 80 trades per month now.
Running it this way on a parallel account over the last month, the results were much better.