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KovWiz23 (By KovWiz23)

Gain : -97.55%
Drawdown 98.52%
Pips: -82.4
Trades 10
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Unknown

KovWiz23 Discussion

KovWiz23
Jul 05 2018 at 10:57
34 posts
Hello all...just starting a journal that hopefully will be successful...will be trying to grow SGD 1,000 to SGD 1,000,000.

Here's some quick maths...after 100 trading days:
On 3% daily growth- $19,218
On 5% daily growth- $131,501
On 10% daily growth-$13,780,612.

These will be my daily benchmarks.

Rules:
1. No high DDs.
2. Manage lots.
3. Do not over-trade. Had a good day, call it a day.
4. Small green pips are better than red pips.
5. Do not panic.
6. No chasing.
7. No un-checked trades.

L3CAP
Jul 09 2018 at 14:26
264 posts
Look forward to your journey!!!!!

Hope you reach your goals!

Professional4X
Jul 21 2018 at 04:42
1189 posts
What happened?





Your stats show you only had 2 bad trades (short trades 7/9 = 2 bad trades).

But those two bad trades were bad enough to destroy your whole account.

Were you trading massive lot sizes on a small account?

KovWiz23 said:
Rules:
1. No high DDs.
2. Manage lots.
3. Do not over-trade. Had a good day, call it a day.
4. Small green pips are better than red pips.
5. Do not panic.
6. No chasing.
7. No un-checked trades.


Something went horribly wrong because your account was wiped out with only 2 bad trades.
Which of your posted rules for trading did you ignore?

Attachments:


If it looks too good to be true, it's probably a scam! Let the buyer beware.
LongVision
Jul 22 2018 at 06:02
254 posts
I believe that leverage trading should be banned altogether by all regular around the world that would only save most of the trader from losing money . Leverage is double edge sword Only 1-10% trader know how to use it.

The market will trade through it’s path of least resistance .
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