Hello, everybody. I am trading with real account 400 chf. Plan to make 50% of balance each month. Started trading about 20 days ago, now have about the same. Made some mistakes, but who doesn’t? Mostly trade eur/usd, aud/ usd, usd/chf, usd/cad pairs.
Use resistance, support levels, breakout strategy, 123, also depending on the time and place of the price, daily trading, sometimes not trading. Is it ranging or trending - also important.
So for today placed several trades - all are in profit:
Aud/usd shorting from 0.9121
Eur/usd shorting from 1.3345
Usd/cad long from 1.0200
Nzd/usd short from 0.7075
I went with 2 to 9 positions of every pair. Took 40 pips of profit for 2 positions of eur/usd, (500 and 900 units - 0.05 and 0.09 minilots) 2 still on the move. Did not touch aud/usd (9 positions, everyone about 1000 units - (or 0.1 minilot) and usd/cad 2 positions for 0.09 minilots. Nzd/usd closed one positions for 30 pips profit, one left for 0.7003. All positions combined there is 1.7 minilot. Stop losses are either on 20 - 30 pips (aud/usd), eur/usd - break even, usd/cad - 30 pips, Nzd/usd now with one positions left - break even.
Let’s see what happens.
Closed 4 positions of aud/usd at price 0.9070. 1 position 40 pips profit, second 13 pips, third - 9 pips, fourth - o pips. All in all 62 pips per 4 positions. Still have 5 positions open (4 pairs, 2 for 40 and 2 for 50 pips each, 1 pair - just addition now - minus 10 pips.).
Closed break even eur/usd, nzd/usd. Tried to sell 3 small positions for 800 units eur/usd - got hit by stop loss at 1.3355. Suffered 20 pips loss each.
Added one more position at aud/usd sell at 0.9113.
Opened short Aud/Nzd at 1.2835.
3 positions for 0,1 minilots each.
Closed aud/usd 4 positions at 0.9035. All with 50 - 80 pips profit each. Closed also Aud/usd position, that I entered today at 0.9113.
Closed one usd/cad position at 1.0280. Got 80 pips of profit. One more remaining - let it run…
So far so good…
Remaining 3 aud/usd positions with 80 pips of profit stil on the move…
Remaining 1 usd/cad position with 80 pips of profit - still on the move…
Remaining aud/nzd 3 positions - not closing - so far 3 pips of profit each…
Good for today…Loking to add some positions next week.
All positions that I had got closed, or hit by stop loss. Tried to open new short for aud/usd 1 minilot on 9 positions - got 50 pips stop loss. Now have minus 20% from account.
Selling 2 positions eur/usd
One 0,5 minilot (100 pips profit, sold from 1.3516) and
one 0.07 (-20 pips, sold from 1.3398)
Selling aud/usd 4 positions with 0.25, 0.15, 0,08, 0,12 minilots.
Profit runs within 15 pips range. Mainly selling from 0.9200.
You started trading 20 days ago and now your target is account = +50% every month? You sure would impress me if you “only” made +10% every month. I hope for your sake that you dont think you’re better than you really are…