8 trades
2 winners
25% win rate
-1.2% on the month. I got one decent trade of +100 pips, but it wasn’t enough to make up for all the bad trades.
One thing that I have come to realize is that my account balance is a little too small. It is forcing me to set stops that are too tight in come cases just because I only want to risk 1% of total capital on the trade.
I am going to deposit money in my account and get it to the point where I can afford to lose at least 100 pips on a trade and still have that only be a 1% total loss on the account. That should give me more breathing room to set the stops wider if the situation dictates.
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