Before starting the last quarter of 2013 with a new trade idea, I took a quick walk down memory lane and reviewed my trades for the past three months. Without further ado, here are the numbers!
Trading Performance
| DATE | TRADE IDEA | P/L in pips | P/L in % |
|---|---|---|---|
| July 2 | Short Term Trend Play on AUD/USD | Missed | Missed |
| July 16 | AUD/USD: Aussie Bulls in Control? | -100 | -0.50% |
| July 19 | USD/CAD Support Turned Resistance Play | 0 | 0 |
| July 25 | Trading the UK GDP Release with GBP/AUD | -120 | -0.05% |
| Aug 1 | EUR/AUD Retracement Play | Canceled | Canceled |
| Aug 8 | AUD/USD: Shorting on a Retracement | -60 | -0.50% |
| Aug 13 | AUD/JPY Doji Alert! | Canceled | Canceled |
| Sept 9 | AUD/JPY Double Bottom Breakout | +225 | +0.75% |
| Sept 20 | Catching NZD/USD’s Bullish Divergence | -120 | -0.50 |
| Sept 26 | USD/CAD Break and Retest Scenario | Missed | Missed |
| TOTAL | -175 | -1.99% |
No. of Trade Ideas: 10
Trades Triggered: 6
No. of Wins: 1
No. of Losses: 4
No. of Break Even Trades: 1
Win %: 16.67%
Average Gain Per Winning Trade: 175 pips / +0.75%
Average Loss Per Losing Trade: -100 pips / -0.50%
I’m not gonna lie… My heart is breaking because of these dismal trade numbers. While I was able to end Q2 2013 with a small gain on my account, my losses in the past three months set me back by a huge amount.
With that, I plan to take a few days off to review my recent trades a little more. I want to be able to figure out what I’m doing wrong and what I can improve on.
If you have any tips for me, don’t hesitate to holler!
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