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After a couple of days of number-crunching and head-scratching, I’m finally done with my trade performance review for the first quarter of 2014. Take a look!

Trading Performance

DATE TRADE IDEA P/L in pips P/L in %
Jan 21 AUD/JPY Australian Jobs Release +10 +0.01%
Jan 25 USD/CAD Rising Wedge Breakout -10 -0.01%
Jan 31 AUD/USD Retracement Play -25 -0.05%
Feb 11 NZD/USD Resistance at .8400 Missed Missed
Feb 19 AUD/USD Support Turned Resistance -150 -0.53%
Feb 25 AUD/CAD Short at Parity Canceled Canceled
Mar 6 USD/CAD Countertrend Setup Canceled Canceled
Mar 11 NZD/USD: RBNZ Rate Hike? Canceled Canceled
Mar 27 USD/CAD Triangle Breakout Canceled Canceled

No. of Trade Ideas:  9
Trades Triggered: 4
No. of Wins: 1
No. of Losses: 3
No. of Break Even Trades: 0
Win %: 25%
Average Gain Per Winning Trade: 10 pips / 0.01%
Average Loss Per Losing Trade: -61.67 pips / -0.20%

Ugh, not happy about my trading performance for this quarter at all! If you take a look at my first few trades of the year, I guess you can say that I was off to an okay start as I was able to exit early when I had to or move my stop to entry to minimize losses.

However, things took a really bad turn when I chalked up a full loss on an AUD/USD short in February then decided to play it extra safe with my next trade ideas. So safe in fact that I didn’t even take the setups at all! A couple of those could’ve been profitable ones had I mustered the courage to take the risk but I think I really need to work on reviving my trading confidence at this point.

Got any other tips that could help me improve my trading this second quarter? Let’s hear ’em!


Happy time

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