tommyjose92

TRADE OF THE DAY 25-02-2016 + 14 EMOTIONAL TRADES ($24.21)

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
I STARTED TRADING LONG IN THE USDCAD AFTER THE PRICE BROKE A SMALL CHANNEL OF 22 PIPS TO THE UPSIDE, WITH THIS SIGNAL I ENTERED BUT CATCHED A LOSS FOR THE DAY OF -50.77, THIS APPARENTLY WASN'T ENOUGH FOR METO TAKE A LOSS, SO I DID REVENGE TRADING TRUSTING ON MY "INTUITIVE SKILLS", WHAT I REALIZED AFTER 14 TRADES MORE IS THAT BESIDES THE FACT I ENDED THE DAY WITH A PROFIT,IEXPOSED MYSELF TO TOO MUCH RISK, WITH AN ABSOLUTE DRAWNDOWN FOR THE DAY OF $-107.28, WHICH GIVES ME A RISK/REWARD RATIO FOR THE DAY OF 1:0.22,AND A PROFIT PERCENTAGE OF 80% OF THE TRADES, WHICH GIVES ME AS RESULT: (0.22*80)-(1*0.20)=-0.02 EXPECTANCY.

TRADING RESULTS:
(-50.77-40.80-26.51+1.69+15.32+17.52+0.81+62.16+1.69+4.12+1.25+21.12+1.26+0.38+14.97)
PROFIT/LOSS FOR THE DAY: $24.21
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