My reason for sharing my trade journal is to encourage traders to also keep one for two major reasons:
- Track weekly trading performance.
- Build a better psychology, which will sharpen your trading intuition
Both can only be done when you keep a comprehensive journal, and review it every week.
MONDAY 30/10/2023
CAD/JPY (8 pm)
Analysis: My reason for selling was shared on our weekly analysis
TUESDAY 31/10/2023
AUD/USD (7.15 am)
Analysis: My reason for selling is multiple rejections of price at a key resistance zone
AUD/USD Update (6 pm)
Analysis: Closed trade using trailing SL (+21 pips)
CAD/JPY Update (6.30 pm)
Analysis: I closed this trade manually with a -125 pips loss
Trade activity summary for the week
DATE | PAIRS | BUY/SELL | PIPS MADE/LOST |
MON (30/10/2023) | CAD/JPY | SELL | – 125 pips |
TUE (31/10/2023) | AUD/USD | SELL | + 21 pips |
TOTAL | – 104 pips |
In conclusion:
The only regret I have trading the last two days of the month is:
Managing the CAD/JPY trade. On Tuesday Morning, I was clearly in profits and I should have shifted SL to breakeven, since I planned on selling AUD/USD, but I did not. So this made me lose the CAD/JPY trade
I followed my trading rules on the AUD/USD, and I exited when I had to, so I closed with a win.
Overall, I closed this last few days of the month with a small loss (which could have been averted)
Trade activity summary for the month of October
1st TRADING WEEK |
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DATE | PAIRS | BUY/SELL | PIPS MADE/LOST | |
MON (02/10/2023) | USD/JPY | BUY | Breakeven | |
TUE (03/10/2023) | AUD/JPY | BUY | -45 pips | |
USD/CAD | BUY | +49 pips | ||
WED (04/10/2023) | GBP/CAD | SELL | Breakeven | |
TOTAL | + 4 pips | |||
2nd TRADING WEEK | ||||
DATE | PAIRS | BUY/SELL | PIPS MADE/LOST | |
MON (02/10/2023) | CAD/JPY | BUY | Breakeven | |
TUE (03/10/2023) | GBP/CAD | SELL | + 55 pips | |
TOTAL | + 55 pips | |||
3rd TRADING WEEK |
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DATE | PAIRS | BUY/SELL | PIPS MADE/LOST | |
TUE (17/10/2023) | GBP/JPY | SELL | +92 pips | |
WED (18/10/2023) | USD/JPY | BUY | Breakeven | |
FRI (20/10/2023) | GBP/CHF | SELL | Pending | |
TOTAL | + 92 pips | |||
4th TRADING WEEK |
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DATE | PAIRS | BUY/SELL | PIPS MADE/LOST | |
FRI (20/10/2023) | GBP/CHF | SELL | – 102 pips | |
TOTAL | – 102 pips | |||
5th TRADING WEEK |
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DATE | PAIRS | BUY/SELL | PIPS MADE/LOST | |
MON (30/08/2023) | CAD/JPY | SELL | – 125 pips | |
TUE (31/08/2023) | AUD/USD | SELL | + 21 pips | |
TOTAL | – 104 pips | |||
GRAND | TOTAL | – 55 pips |
In conclusion:
The month of October tested not just my discipline but also my money management skills.
Overall, I had:
- 3 losing weeks and
- 2 winning weeks
Ordinarily, it’s supposed to be a losing month for me, but on my major accounts (which I trade every single week), its a winning month. On my minor accounts (which I do not trade every week), I closed with less than -1% or breakeven for the month
The reason for this is because, as a trader, you do not know which week will be profitable or not. So accounts I pick randomly to trade could suffer the most in a struggling month, while accounts I manage every week will most likely thrive
I will share some of my major accounts for educational purposes:
MAJOR ACCOUNTS TRADE STATS
My Flash Funding Trade History (October):
My Flash Funding Stats (October):
The5ers Bootcamp Trade History (October):
The 5ers Bootcamp Stats (October):
The Forex Funder Trade History (October):
The Forex Funder Stats (October):
MINOR ACCOUNT TRADE STATS
For clarity, I have over 7 minor accounts, but for the purpose of this post, I will be showing one:
Blue Guardian Trade History (October):
Blue Guardian Stats (October):
How did the month of October go for you?
NOTE:
-
THE FUNDED TRADER: (Use the coupon code: THE0CRAFTER)
- BESPOKE FUNDING PROGRAMME
- FUNDED ENGINEER
- BLUE GUARDIAN (Use the coupon code: CRAFTER)
- GOAT FUNDED
- LARK FUNDING
- SKILLED FUNDED TRADER
- MAVEN TRADING
- MY FLASH FUNDING (Use the coupon code: “FILLIPO” for a -25% discount)
- THE5ERS