Whew this has been a psychological month! 8+ losing trades in a row...started taking 1 mini lot positions to try out new strategies like tokyo gaps and weekend gap trades. Constantly finding ways to gain pips in all time zones!
This morning...I loaded up on the GBP and it broke out against the dollar. Quickly put the stop to break even (BE) and went long EUR for a MACD divergence trade...BE. I shorted the USDCHF shortly after because of MACD divergence trade...BE. All three trades were taken in a 15 minute time period and against the dollar. Because of the way the trade was stacked...I didn't risk more than 1.5% of my entire trading account (bless volatility spike). Pipping out 120+ pips total.
Since early Summer I have taken 250 trades! I find that my entry is getting acute...allows for tighter stops (for better risk reward ratio...rrr). A little less than half my trades go sour...I have only managed less than 100 target reached winning trades. This GU pair could have been a $2k trade but I cut it off early because of fear of loss...hindsight is 20/20 sigh.
Next Goal: Grow fund and take 500 trades systematically. Focus on maximizing profits.
I ending today strong with my 2nd four digit day!!!
Account: 28.8% since day 1 of trading.
"The entry is a science...the exit is an art"
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