44th Trading Week (30th – 31st of October, 2023 trade journal)

My reason for sharing my trade journal is to encourage traders to also keep one for two major reasons:

1. Track weekly trading performance.
2. 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

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

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?

• FIDELCREST
• THE FUNDED TRADER: (Use the coupon code: THE0CRAFTER)
• MY FUNDED FX
• 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