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:
I finished the week down -140 pips, which was a -1% loss on the total account. That isn’t bad considering the blow up weeks I have had in the past, losing much more than that in a single week.
I have to be more patient next week!
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 be more consistently profitable.
Here are the trades for this week:
Grand total of +94 pips.
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:
Grand total: +64 pips
Because of the lot sizes however, I was down a little on a dollar basis. No big deal.
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:
The grand total was +83 pips for the week which was a +1.3% gain in account equity. I went 4/4 for a 100% win percentage. Not a huge gain, but a great start in the right direction.
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 want to force a trade if it isn’t there, but I need to get more consistent if I am going to trade for a living.
Hope you are all trading well!
This was a short week with only three trading days.
I made two trades this week:
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.
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:
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:
Grand Total: -23 pips for the week.
Again, I don’t want to be overtrading but this is not enough trades for the week. The total dollar loss was <1% of total equity. This is not bad but I know that I can do better.
This week was breakeven, which is much better than losing. I had the following trades:
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 moving across the board so it looks like the CAD will have to carry the move
- No big news in either pair
- Skeptical about the trade, confidence 6/10
Click above for larger image
I closed the trade early at 7189 (-25 pips) because price action didn’t look good on the 1 hour chart.
This was not a good trade at all because none of the candles acutally closed convincingly outside of the box.
This was not a good week. I zero wins but at least I didn’t do anything really dumb like last week.
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, not good. I didn’t want to admit it, but I think I was still reeling from the week before.
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 pips
Grand total of +26 pips. I did a lot of reflection this week on why I did those dumb trades in the EURUSD and I think I got most of it figured out here. The EURUSD trades really killed me because of the large lot sizes. If it wasn’t for those trades, I would have been profitable on a dollar basis.
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. Still the results were in line with the surprise/squeeze box trade and I did follow the rules, so it wasn’t too bad a week.
Grand total: -161 pips
This was a pretty good week. Took five trades:
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 pips or the $$$, just doing the right thing and playing good defense on the trades that were iffy. I didn’t make too much on money on an actual dollar basis but if I can get consistant, it just becomes a case of scaling up to a bigger account size.
