Wednesday, June 13, 2018

Overall 80% loss since 15 May 18

Yet another failed trade. I didn't follow the rules this time. Tried adding another rule - trade in the direction of the parabolic SAR when the day shows an opposite colour. Well it didn't work this time! Feeling quite defeated. Not sure if I'm still gonna carry on with the experiment. We'll see. And just to be clear, this is an 80% loss because I've yet to put in all my ideal capital. Based on my 4% stop rule, I've actually only lost 14% (246 out of 1750). Trade safe!

Yours,

X

Tuesday, June 12, 2018

Overall 65% loss since 15 May 18

So I had to top up my account. Base capital now stands at $316. Lost yet another 55 pips today. Followed my rules to a T, so no regrets there. Trade safe!

Yours

X

Thursday, June 7, 2018

Overall 41% loss since 15 May 18

Phew. A third losing trade in 2 weeks. Rough, but gotta rough it out! Am considering if I should adjust the rules a bit. Instead of trading at 2359, I trade at 0015. And follow the direction of that 15min bar instead. It's a nice strong signal for what's to come for the rest of he day. No? Trade safe!

Yours,

X

Tuesday, June 5, 2018

3% gain - 7% overall loss since 15 May 18

Was looking at a 50-pip paper loss on my long position yesterday. 5 pips away from my stop! The day finally closed at a 40-pip paper loss. In theory, I should have taken the loss and went for a short position instead. But this was a very similar trade set up to Tue 22 May. A strong bull move that day saw a big bear reversal the next day, before the bulls came back on the 24th.

So I decided to wait out the trade and when I checked in today, I saw that it tested the high on Monday, so since I was in profit and it's a potential double top, I decided to close out the trade. Turns out it would've hit my TP if I'd waited. Oh wells! My success can't be dependant on just this trade alone right? Trade safe.

Yours,

X