For the sake of accountability, Please find my transaction report from MT4 since 03/04/2019 where I deposited a mere 315.50 (USD).
You’re probably thinking WOW, this guy has turned 315.50 into 2339.96… he must be some kind of trading God!!
I later deposited 2577.46 (USD) after many ups and down, trading on emotion and self gratitude. As you can see, there are many wins here but, my losses are significant and far outweigh my profit.
I’m currently down -553 (USD) because I traded with my EGO, which of course, is self-made. As there are patterns in the market, there are also patterns in your errors nestled nicely on top of bad risk management.
We’ve all been there, you win 4 trades in a row and start to smell the leather seats in your Ferrari.
I’m invincible, I’m going to up my lot size, look at me, I just won 4 trades in a row - I know what I’m doing.
BANG - your next trade loses and you took an eye-watering -207.41 (USD) loss on a tiny account.
Follow my journey and see where I end up next.
More updates to follow…