Week 6 Performance
by Trader Rich
This week didn’t go too well but it could have been worse. I lost 41 pips and $619.50. I had 8 winning trades and 6 losing trade but this week I averaged 40 pips per loss and only 25 pips per win. Overall I lost 4.5% of my capital but remain in the black for the first 6 weeks by almost $3000.
Check out the graph of my performance at http://www.forexproject.com/My_Forex_Goal/
I was able to recoup a bit of my losses with 2 consecutive wins to end the trading week. Both trades were made using pivot points only with no other indicators. I’m still working on this trading setup so I can’t say more than this.
I hope everyone had a better week than me. If not, let’s hope for a better one next week.