I don’t have fixed rules when to close or how much to close, i.e. number of pips. More of how I feel about the trade while I’m watching it. I watch on 5m 15m 1H and 4H all the time once I’m in a trade.
Woke up to find lots of markets down due to Trump tweets threatening additional China tariffs and escalating the trade war. Tried to look for intraday bottoms in SP500 and went long for some quick trades. Thankfully the idea worked out.
Given the uncertainty in the markets, I might not trade anymore today. We’ll see if there’s anything I like later.
Beginning capital - $3,000.00
Current balance - $3,211.50
Current equity - $3,211.50
Realized gain - $2,573.83
Average gain per day (over 18 trading days) - $142.99/4.76% per day
Could not help myself. Shorted 0.02 lots of DAX. Made another $49.
Closed early because the wife got mad at me, I said I wasn’t going to trade today anymore LOL. $260 total for the day.
Beginning capital - $3,000.00
Current balance - $3,260.39
Current equity - $3,260.39
Realized gain - $2,622.72
Average gain per day (over 18 trading days) - $145.70/4.85% per day
Could not help myself, shorted EURJPY. Made another $47. Closed everything. $307 today. For real will stop now.
Shorted NASDAQ and made another $42. Up $349 today. I seriously need to stop trading now as I’m drinking with friends.
So many drunk trades. Bad process but good results. Really should stop doing this. Shorted Nasdaq some more and closed it all. $453.37 profits for the day. Am short EUJPY as well, stuck a little bit. Really should be more disciplined.
Woke up to a nice surprise. Closed all my eurjpy shorts for about $150 in profit! Going back to sleep now 
Crazy. How often do you do this?
Thanks for updating us with this journal. Very insightful to see the emotions behind these trades.
Too often.
In hindsight, it seems that all the trades I took while drinking last night were good ones. Setups I am used to trading. Did not have a single loss. Seems like drinking helped with not being emotional. Should not do it often though. Things can go downhill REALLY FAST.
Beginning capital - $3,000.00
Current balance - $3,605.43
Current equity - $3,605.43
Realized gain - $2,967.76
Average gain per day (over 19 trading days) - $156.19/5.20% per day
It’s done!!! $ 3,001.98 profit on $3,000 capital in 19 trading days! Time to celebrate!!!
5 Likes
What does a trader do after making 100% profit? Drink!!!
What does a stupid drunk trader do? Trade more.
Made $593 instead of just $186!!!
Went long on very large size in S&P500/ES. Closed as soon as I had decent gains. Would probably have more but did not want to risk it. I’m more than happy now with the added $400+ profits.
Still long 2 lots in Brent Oil. Fingers crossed.
Closed everything. My brain cannot handle it. $453 yesterday then $618 today???!!!
Beginning capital - $3,000.00
Current balance - $4,072.14
Current equity - $4,072.14
Realized gain - $3,434.47
Average gain per day (over 19 trading days) - $180.76/6.02% per day
Very enlightful to see your journal Gilas! Keep it up!!
Thank you for the encouragement @kilas.
I just noticed another milestone now while looking at my stats. For the first time ever in the two years I’ve been in forex, my average profit per win is more than my average average loss per losing trade, ever so slightly. I hope that’s a good sign that I’m finally starting to slowly mature as a trader.
Set aside the $1,072 in a sub account along with the rest of the profits. Account is back at $3K. Will stay at this level for the rest of the week and maybe next week. I’m doing some election work next week so probably will not be able to trade as much. Need to think about how much of the profits to deploy as capital after that.
Forgot to post the rest of my trades on Monday.
And here are Tuesday’s trades.
Finally, here’s a breakdown on a per day basis of how I did since I started.
Traded for 2 hours and thankfully had a great result. $215 (7%) up for the day.
Saw a hammer on Brent Crude 1H. Went long 2 lots and added another $61. $276 (9.2%) today.
Shorted 0.01 of Nasdaq. Closed after less than 10 minutes for $25 
$301 total for the day
Beginning capital - $3,000.00
Current balance - $3,301.69
Current equity - $3,301.69
Realized gain - $3,736.16 (123.7%)
Average gain per day (over 20 trading days) - $186.80/6.22% per day
Traded some more last night, made another $65 shorting DAX. Ended with $365 for the day.
Woke up to find the DAX shorts I kept went down some and I was in the green. Closed everything soon after for $206 so far today 
Not the best exits as I believe it can really go down today due to Trump-China trade wars, but I’ll take it. Moved all profits to a sub-account as usual. Going back to sleep.
Beginning capital - $3,000.00
Current balance - $3,000.00
Current equity - $3,000.00
Realized gain - $4,006.22 (133%)
Average gain per day (over 21 trading days) - $190.77/6.35% per day
Tomorrow marks the end of 1 month since I started this new account. Excited to see where I finish, but at the same time thinking if I should stop and be content with the $4K (133%) gain, or just proceed to trade like normal, or if I should try to push a bit harder.
Long Brent Crude now 2.5 lots. Entered a bit too early but it’s alright.
First target top of the Bollinger Band, second target high of the day, third target yesterday’s high.
Update: Breakout! Also added 0.5 lot for a total of 3 lots.
Update 2: Closed all trades for around $152 Hope some of you joined me in the trade!
As usual moved the profits to a sub-account.
Beginning capital - $3,000.00
Current balance - $3,000.00
Current equity - $3,000.00
Realized gain - $4,159.77 (138.65%)
Average gain per day (over 21 trading days) - $198.08/6.60% per day