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Joined Jun 2015
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Status: Always Learning
|379 Posts
This is just a way to record my progress. No explanation, just simply weekly updates of wins losses and break evens. Anything less than 10% of my target profit is considered break even. I will protect my trades at 50% target.
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Joined Jun 2015
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Status: Always Learning
|379 Posts
First week results
week ending 21/02/2020
EURUSD W L 2% won
GBPUSD W, BE, L, W 6% won
USDJPY W, L, BE, L 0% won
AUDUSD W 4% won
USDCAD, BE, BE, W 4% won
Some teething, but I am looking to risk 2% per trade of the weekly starting balance. As it was, the first week had various lot sizes, but this will standardise going forward. The above percentage gains per pair are only based on percentages if I used the same risk on each one. So this first week is strictly not accurate, there are also some other trades that I have removed as they are simply not part of the system.
Total trades:
14
Wins 6
Losses 4
BE 4
16% increase (of starting weeks balance, if everything was at the correct lot size - SL, and TP all at the correct levels)
