Old Account (Oleh forex_trader_238125)

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Old Account Perbincangan

Mar 23, 2015 at 03:19
95 Paparan
6 Replies
merau
forex_trader_238125
Ahli sejak Mar 22, 2015   12 hantaran
Mar 25, 2015 at 07:38
This is a long term Investment Account focused on small consistent gains and regular deposits like a regular savings account. The goal is to simply outperform what is possible in a regular savings account.

The strategy employed is primarily a scalping strategy.
merau
forex_trader_238125
Ahli sejak Mar 22, 2015   12 hantaran
Jul 31, 2015 at 22:25
Did some risky trades this month and ended up with an overall gain. However, this is bad trading on my part and I will make sure to remain disciplined in future not to over-leverage.
merau
forex_trader_238125
Ahli sejak Mar 22, 2015   12 hantaran
Aug 21, 2015 at 00:14
Max 20% Drawdown rule will be enforced
merau
forex_trader_238125
Ahli sejak Mar 22, 2015   12 hantaran
Aug 24, 2015 at 01:16
I am getting very close to closing my trades.
merau
forex_trader_238125
Ahli sejak Mar 22, 2015   12 hantaran
Aug 24, 2015 at 01:34
So I cut my trades for a loss, I think it is more important to have the discipline to cut loser without ruining my account.

At least I can now still live to fight another day.

I will be changing my trading strategy moving forward.
merau
forex_trader_238125
Ahli sejak Mar 22, 2015   12 hantaran
Aug 24, 2015 at 11:30
My strategy now is to always use a stop loss, I will open less trades and wait for good setups.
merau
forex_trader_238125
Ahli sejak Mar 22, 2015   12 hantaran
Aug 24, 2015 at 12:09
Creating a new account to start fresh with my new trading rules. This was my first real account and it was a good learning.

In the end I gained more than I would in savings account which is what I aimed for.

The most important thing is I learnt valuable lessons about trading.

Look forward to start fresh and see how the next account goes.
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