Lowest month so far since I began to note my trading journey here @TV.
Just one OTK and too many fail trade especially due to fake breakup on AUD pair. That's why I need to work more on pair choice when a trend is global.
My plan to mitigate risk by having low invest trade (1% capital) and safe TP taking is especially good during these kind of bad month. With 8 fails trade, a riskier trader could have been wiped out.
Trading is not only about winning or loosing money it's also a way for me to work against my psychological weaknesses : greed, fear and attrition.
Let's see how I manage to recover these small losses.
OTK Trade
WHEAT +133 pips / +0.64%

COUBERTAIN Trade
GBPAUD +207 pips / +0.68%

FAIL Trade
CADNZD (6 months old trade!) -642 pips / -1%

EURGBP -116 pips / -0.69%

GBPNZD -332 pips / -0.75%

EURNZD -325 pips / -1%

USOIL -342 pips / -1%

GBPAUD -192 pips / -1%

AUDUSD -174 pips / -1%

AUDNZD -91 pips / -1%

ON GOING Trade
EURAUD +291 pips / +0.84%

GBPAUD +431 pips / +1.72%

EURCAD +215 pips / +0.41%

CADJPY +190 pips / +0.80%

EURUSD +27 pips / +0.13%

NZDUSD +12.35 pips / +0.06%

NGAS +91 pips / +0.06%

SILVER

BTCUSD +103 pips / +0.48%

USDCAD

Just one OTK and too many fail trade especially due to fake breakup on AUD pair. That's why I need to work more on pair choice when a trend is global.
My plan to mitigate risk by having low invest trade (1% capital) and safe TP taking is especially good during these kind of bad month. With 8 fails trade, a riskier trader could have been wiped out.
Trading is not only about winning or loosing money it's also a way for me to work against my psychological weaknesses : greed, fear and attrition.
Let's see how I manage to recover these small losses.
OTK Trade
WHEAT +133 pips / +0.64%

COUBERTAIN Trade
GBPAUD +207 pips / +0.68%

FAIL Trade
CADNZD (6 months old trade!) -642 pips / -1%

EURGBP -116 pips / -0.69%

GBPNZD -332 pips / -0.75%

EURNZD -325 pips / -1%

USOIL -342 pips / -1%

GBPAUD -192 pips / -1%

AUDUSD -174 pips / -1%

AUDNZD -91 pips / -1%

ON GOING Trade
EURAUD +291 pips / +0.84%

GBPAUD +431 pips / +1.72%

EURCAD +215 pips / +0.41%

CADJPY +190 pips / +0.80%

EURUSD +27 pips / +0.13%

NZDUSD +12.35 pips / +0.06%

NGAS +91 pips / +0.06%

SILVER

BTCUSD +103 pips / +0.48%

USDCAD

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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.