Before taking my very first trade setup for 2014, I decided to make a quick review of my trades during the the fourth quarter of last year. Without further ado, here are the numbers!
Trading Performance
DATE | TRADE IDEA | P/L in pips | P/L in % |
---|---|---|---|
Oct 16 | CAD/JPY Downtrend to Resume? | -27.5 | -0.17% |
Nov 21 | AUD/USD: Head and Shoulders | Missed | Missed |
Nov 28 | NZD/USD: Break and Retest of .8200 | +10 | 0.02% |
Dec 2 | AUD/CAD: Will Parity Hold? | +280 | 0.70% |
Dec 10 | AUD/CHF Break and Retest | Missed | Missed |
Dec 16 | Potential Upside Break for NZD/USD | -100 | -0.53% |
No. of Trade Ideas: 6
Trades Triggered: 4
No. of Wins: 2
No. of Losses: 2
No. of Break Even Trades: 0
Win %: 50%
Average Gain Per Winning Trade: 145 pips / 0.36%
Average Loss Per Losing Trade: -63.75 pips / -0.35%
As you’ve probably noticed, I’ve had fewer than usual trade ideas for the last stretch of 2013 as I got busy with preparations for the Thanksgiving and Christmas holidays. Despite that, I think my trade performance in Q4 was better compared to Q3 2013 since I managed to end up with a tiny win overall.
Looking back at my winning trades, I’ve realized that I do tend to perform better with swing setups instead of short-term ones. With that, I will try to focus on longer-term trades for this quarter. Got any tips you’d like to share?
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