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Month in review : September 2007

My last review of monthly trading result was at March. The relocation, new job and new timezone etc forced me to make certain changes in my trading. Well, in short, I am still trading dummies. I start day trading Forex actively since mid of September. Here is the review of my day trading so far. I am not sure if I am going to review my result online regularly, if I found myself under pressure because of this, I will just stop it.

All right, September, I day trade Forex exclusively. Started from mid September, I made 19 trades. Unintentionally, all were Long trades. I am refining my dummy trading on Forex along the way, such as choosing a right time frame that suits my current work, risk appetite, and time zone. Towards the end of the month, it was kinda tough as I saw my trading result started to slip, partly due to over trading and taking sub par setups. Forcing myself to get disciplined again, I was lucky to catch the run of EUR/JPY.

Here is the summary:

• Number of trades: 19
• winning trades: 9 (~47.3%)
• losing trades: 9 (~47.3%)
• Break even/scratched: 1
• Total R earned: 6.2
• Expectancy: 0.33
• Biggest winner: 5.78 R
• Biggest loser: -1.02 R

Here is the performance curve.

From the desk of Tradergav.com

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Tags: Monthly Review