Presenting reader-submitted statement of EURUSD trades
1. Sold EURUSD since 1.33 region, August 2014.
2. Total 62 trades.
3. Accuracy turned out to be 60% only or 37 out of 62.
4. Largest losing trade $584.09 on 5.5 minis.
5. Won $26969.32, lost $6947.56 for net win.
6. Longest winning streak 20 winning trades.
Enjoyed longest winning streak of 20 winners
7. Longest losing streak 11 losing trades.
Longest losing streak of 11 trades
8. Most trades are mini-sized although one uncharacteristic position sizing of 1.1 standard suddenly came up.
The biggest winner used 5.6 minis to make nearly $4k
9. Largest winning trade made $3565.47 with 5.6 mini contracts.
Reminder: we do not make representation of any kind for this performance.
Key takeaway for other traders?
- Stay on the trend.
- There is no need to have large contracts to make a lot of money.
- There may be losing streaks.
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Soh Tiong Hum is Director of TerraSeeds Market Technician Pte Ltd. TerraSeeds is a trading educator in Singapore since 2005.
Soh's Twitter account @sohtionghum
was ranked #23 out of The Top 70 Twitter Accounts To Follow In 2015
"I do not have a financial advisor's license. I am not qualified by any regulator to give financial advice. I do not know you the reader. Your investment means and motive may be different from me. My posts here are based on observations and meant for education. I am not responsible for for any consequence from your actions."