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 Last week Friday was Friday the 13th and some people consider that an unlucky day. Does that mean I shouldn’t trade? Of course not. The only unlucky thing about Friday the 13th is that we had to put up with those horrible movies. Although I traded on Friday the 13th, I didn’t get a chance [...] 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: [...] 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 [...] 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 [...] 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 [...] 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 [...] 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 [...] |
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