Wednesday, February 18, 2015

Trading Journal

From 7/29/14 to 10/21/14

I opened a demo account for $5,000,000 USD. By using basic trading techniques with a conservative approach and partial application of money management, I was able to make $202,180.00 in 4 months.

The goal is to get acquainted with compass (or using trend lines to measure price movement), entry and exit strategies. My total PIP harvest without deducting Negative PIPS is 9,290. Unfortunately, the trend reversed and 2 stop losses were executed. This garnered -3,220 PIPS. My Net  PIP Harvest is 6,070.











From 10/3014- 11/5/14

I opened a demo account for $25,000 USD. With this amount, my account grew to $59,850 USD.  I was able to make $34,850 profit or 139.40%  ROI (return on investment). My total PIP harvest is 6,740 in a span of 5 trading days. Super big smile. The difference is strict application of money management. It's crazy and yet so AMAZING!











From 1/8/15- 1/21/15

More trades... I'm just having fun PIPPING.... Big smile!!!   :)