Another week of trading is done. Here goes the review:
Days of trading: 5/5
I traded 5 out of 5 possible days.
Rules followed: 5/5
Following the simple risk management rules is critical for maintaining my account and sanity. It is crucial in avoiding any high-risk behavior.
Profit / Loss on the week: -2.13%
The account went from 3592.79 DKK at the beginning of the week and ended at 3516.14 DKK. That’s a negative return of -76.65 DKK equal to -2.13%.
I have withdrawn 2.5% of the account as per the business plan.
Thoughts on the week
A fine week, with good following of the rules. What I do notice is that the next trade I take after a winning trade is usually a losing trade. So maybe I should just stop trading after the first winning trade? Will consider.