You must do the things you think you cannot do.

- Eleanor Roosevelt

Saturday, July 31, 2010

Some Numbers for the End of the Month

- total trades: 30
- winning trades: 21
- losing trades: 9
- break even trades: 0
- percent win: 70
- percent loss: 30

- starting balance: $27.95
- ending balance: $38.70
- total profit: $10.75 (107.5 pips)
- percentage gain: 38.5

Next month, I'd like to work on collecting more pips per trade and on minimizing draw down. Hopefully I can hold onto current profits while increasing my overall account size, all in my quest to become a hundredaire. Or something like that...

5 comments:

  1. We're on the same journey. May the pips be with you. Hope we stay on course as we travel through this bumpy and dangerous track.

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  2. That's an impressive stats. Well done and keep it up. Don't let the muggers take your money, instead you take theirs. ;)

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  3. TT, GL!

    FFXD, you gotta remember I'm trading a really small account. There's a lot less fear involved and there will be a lot more gain (percentage wise). Anyway, good luck to you too!

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  4. Percentage return matters the most if you are thinking or planning for long-term. :)

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  5. If I had a million dollars there is no way in hell I'd risk more than 1% on each trade. Haha. I risked way more than 1% per trade here. But the practice does help. Getting real money (albeit micro) experience will pay off in the long run :)

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