I'm sure you have felt like this before
Well, this wasn’t a good week for me. After coming off a great July, I tried to force trades and didn’t wait for good setups. August is typically a more volatile month to begin with, which magnified the problem.
Here are the trades for this week:
http://www.tradingheroes.com/losing-trades/08032009-gbpjpy-trade (-107 pips)
http://www.tradingheroes.com/losing-trades/08042009-gbpjpy-trade [...]
It was a good week, all winners and almost a 1% gain on the account balance. I think I’m getting the hang of this thing. If I pick good trades and play good defense while I’m in the trades, I know that I will at least trade at break even. Now the key is to [...]
A losing week but I ddin’t lose much on a dollar basis and I was actually positive in terms of pips per trade. I can live with results like this.
Here are the trades:
http://www.tradingheroes.com/losing-trades/07192009-gbpjpy-trade (-54 pips)
http://www.tradingheroes.com/winning-trades/07202009-gbpjpy-trade (+134 pips)
http://www.tradingheroes.com/losing-trades/07232009-gbpjpy-trade-1 (-16 pips)
Grand total: +64 pips
Because of the lot sizes however, I was down a little on a dollar [...]
Concentrate Grasshopper
Woohoo, this was the best week in awhile! Four trades and no losers, not too shabby. Of course there is always room for improvement but I think this is a great starting point. I need to be able to maximize winners and bring up the average profit on my winners.
Here are the trades:
http://www.tradingheroes.com/winning-trades/07132009-gbpjpy-trade [...]
All losers this week. It was frustrating because I could have been profitable if I had taken money off the table when I had a chance. The first trade on the 9th had a good profit that I should have taken off the table.
My goal is to find one good trade a day. I don’t [...]
This was a short week with only three trading days.
I made two trades this week:
http://www.tradingheroes.com/winning-trades/06292009-gpbjpy-trade (+32 pips)
http://www.tradingheroes.com/winning-trades/06292009-gbpjpy-trade-2 (+8 pips)
Total profit is +40 pips. Not too many trades, but a good week.
There was only one trade this week. There were other trades that I almost executed but price didn’t get close enough to the levels I was looking for.
http://www.tradingheroes.com/winning-trades/06222009-gbpjpy-trade (+120 pips)
I still need to have more trades in a week, but I’m glad that I was profitable. It was about a 0.5% gain on total equity.
Here are the trades for this week:
http://www.tradingheroes.com/losing-trades/06082009-gbpjpy-trade (-36 pips)
http://www.tradingheroes.com/winning-trades/sloppy-trading (-161 pips)
Grand total: -197 pips. How can I get better? This is so frustrating.
Hello,
I’ve been slacking on the weekly trading reviews so I am determined to continue them and keep up.
Not a great trading week this week. There were only two trades and I lost money overall. Here were the trades:
http://www.tradingheroes.com/winning-trades/06022009-gbpjpy-trade (+38 pips)
http://www.tradingheroes.com/losing-trades/06082009-gbpjpy-trade (-61 pips)
Grand Total: -23 pips for the week.
Again, I don’t want to be overtrading but [...]
This week was breakeven, which is much better than losing. I had the following trades:
AUDCAD +142 pips
GBPJPY +37 pips
EURCAD -178 pips
For a grand total of +1 pip.
Just one trade this week so this is my weekly review/trade review. Trading still not going so well so I’m taking it easy.
Short 1 (200) CADJPY @ 7164
Stop @ 7243 (-79)
Target @ 7005 (+159)
This was a squeeze box entry.
Some notes on the trade:
Looks like a good downward triangle on 1 H, reward:risk is 2:1
JPY isn’t [...]
This was not a good week. I zero wins but at least I didn’t do anything really dumb like last week.
AUDUSD -181 pips
EURUSD -79 pips
USDCAD -67 pips
AUDCAD -216 pips
On the whole I don’t think I really traded badly, just not good enough to make a profit. I ended up down a total of -543 pips, [...]
This was a bad week. I was actually profitable on a pip basis, but dollar wise I lost -2.6% of total equity. I did some impulsive and irrational trades in the EURUSD. The trades were as follows:
GBPCHF (2 positions) +27 pips
CHFJPY +226 pips
EURCAD -198
EURUSD trade #1 -22 pips
EURUSD trade #2 +4 pips
EURUSD trade #3 -11 [...]
Well, this wasn’t the greatest week for me. After having a stellar week last week, I gave back a good portion of the profits from the first week in January. On a pip basis I didn’t do too bad but my pip value was higher so on a dollar basis, I gave a lot back. [...]
This was a pretty good week. Took five trades:
EURCAD +394
EURGBP +5
EURCHF +5
GBPUSD +111
CHFJPY +106
For a grand total of +621 pips. Trading wasn’t perfect but it never will be. Trading is shades of gray. An interesting note this week was that for the first time, I concentrated on just trading well.
I didn’t care about the [...]