(binned per thread starter’s request) Pandion Learning to Trade

This my trade journal, I am learning to trade. I have traded since few years sparingly and every time I have blown out my account then I stop trading for some time and start again. I will post my trades in this journal for keeping as record for my future understanding, probably one can profit by doing exactly opposite to what I am doing.

But I will not give up until I become a successful trader.

My trading Account. Broker FXPro
I opened this account in Feb2015, deposited USD 100, Leverage was 1:400
Winning percentage was 80% until I hit one bad trade, I just held on and accont was wiped out within few weeks.

Then I realized that my account is too small and I cannot survive with such a small account so I deposited USD 1000 in the account. I kept winning until I hit by a CAD/USD swing, I kept pumping more money to the account until I blew up couple of thousands.

Finally my wallet had left with USD16.86.

I relalised that I have to improve my money management and reduce risk taking, and lowered leverage to 1:50 and largest position I could afford is 0.01. So far I was able to double my initial investment.
At the moment I have sold CADUSD @ 1.22263 and - 43pips

USDCAD update, 8days, -130Pips. With low leverage and small position size I can withstand 350pip draw down.

Added USD 50 to the account and 320 Pips negative still holding.