Yes, appreciate your concern. I just need to first focus on something, and later I’ll focus on this one. Moreover, I keep checking on an open trade which is way long down.
Day 18 - Day 29: No activity. One open loss trade for more than 12 days, -260 pips. Today I set TP 1.19000 Maybe it’s going to hit in next three months.
But I’ll be back soon with full of energy to focus on creating new trades with plan after I finished my serious work.
I tried logging few weeks back in mobile app and desktop app, so far, not able to login the same I used on the first day.
Is there any expiration password or something in MT4 app? There’s not even “Forget Password”.
Alright, I collected all the trades on the table right here and see how my first journey was in summary.
Total 16 completed trades in 10 days from 10th September to 19th September, 2018, solely focused on EURUSD pair only. Mostly done as swing trader, second to day trade.
Some Numbers:
Total Pips: 83.6,
Total Profit: $122.67
Total Loss: $0
Best Trade: $44.62 (3rd trade)
Longest Trade: 24 hours (15th trade)
Shortest Trade: 4 minutes (10th trade)
Average Win: $5.67
Average Loss: $0
Average Pips: 5.23 pips
Profitability: 100%
Long EURUSD Strength:
Total Buy: 4 [25%]
Total Buy Pips: 10.6 pips [12.68%]
Total Buy Profits: $3.314 [2.7%]
Short EURUSD Strength
Total Sell: 12 [75%]
Total Sell Pips: 73 pips [87.32%]
Total Sell Profits: $119.35 [97.2%]
After 100% profitable in 1st 16 trades in a row, the 17th open trade is a big mess.
On 25th September, I punched buy order of EURUSD which made loss of 400+ pips. One thing I failed to realise is that Sell EURUSD contributes 97% of all my profits, and it’s waste to keep them open long since all the 4 Buys were done in very short times (maximum 3 hours). I should have shorted and made hundreds pips since then before MT4 account closed automatically.