GoldMineFX Обсуждение

The week that was:

Based on my trade history data for last week, I have executed 14 trades with an equal split of 50% profitable trades and 50% loss trades. My best trade resulted in a profit of 9.94 USD, while my worst trade incurred a loss of -2.76 USD.

In total, my gross profit generated from all trades amounts to 30.22 USD, while my gross loss incurred from trades amounts to -10.66 USD.

The maximum consecutive wins achieved by me was three, with a profit of 6.92 USD. The maximal consecutive profit obtained was 9.94 USD, which occurred in a single trade. My max deposit load is 6.60%, which implies that I have not overextended myself in terms of my trading activities. I execute an average of 14 trades per week with an average holding time of seven minutes per trade.

Overall, while I have made profitable trades, I need to evaluate my risk management strategies and assess the potential for higher returns in relation to the level of risk taken.
 

Absolutely crazy day today...😳

A lot of small stops as I tried to catch the bottom of the swing...as long as the risk/reward ratio stays intact it will be okay.

Better last couple of days...

As we approach the conclusion of this week, I am pleased to report that the results have exceeded my expectations, with the recent bullish spikes in GOLD yielding a greater profit than anticipated. It is worth noting that my hit rate stands below 50%, which is largely attributable to the use of tight stop-loss orders to mitigate potential drawdowns and secure profits. As we transition into month-end, I eagerly anticipate the trading opportunities that next week will bring. I wish all a splendid weekend ahead.

What to anticipate for the month of April:

I reached the $200 milestone in just 8 trading days. However, my objective is to double my account balance every month. Hence, I will be reducing my risk and trading less frequently to achieve my goal. With 20 trading days left, I will not rush it and instead aim for fewer trades with minimal drawdown and increased accuracy.

Here we go!

I've had an amazing couple of trading days and have far exceeded my goals. I'm currently on track to double my account from $200 to $400 this month while still being mindful of risk management. Interestingly, my success rate is below 50%, but I'm still able to generate decent profits. This is primarily due to my focus on proper money management and risk control.