Admin Trading Journal Oanda

I want to be like you, can trade with large capital and keep calm with market conditions.

if I'm in your position to trade with that kind of money I will definitely mentally go down when facing losses.

how did you go through times like that?

how did you go through times like that?

Because I am still in overall profit. If you check my 1st post, you will see I started this with much less money. Taking some losses and having drawdown is just a part of trading. Having other streams of income and keeping busy also seems to help.

USDJPY: I closed this trade in loss because the direction became too unclear long-term. There is a triangle on the weekly TF. Price broke above the upper limit of the triangle and it was looking as if direction could go either way. Since then, USDJPY has started falling hard again. It was not worth the risk to keep this trade open at the time. Had I kept it open for an extra week, I could have closed these at BE or in some profit though. I am bearish on this long-term once again. I still have some trades open from a while ago.

NZDJPY: I had trades open since my last post. NZDJPY has been falling hard for the past 1-1.5 weeks. I am still bearish on this and have a few more trades open. Price is currently at a good support level at 71.25. I may enter some more trades if I see a good bullish retracement.

USDTRY: There was a trend line acting as support on the H4. It broke and was being retested. So I was expecting at least a small drop in price. I set the TP higher later at another support level to get out of this trade sooner.


TOTAL LOSS: -$433.11

I have been busy lately with forum upgrades and other work. So I have not had much time to post here much. I was also holding on to some trades and waiting too.

I was short USDTRY. There was a trend line on the H1 TF which was tested many times and looked ready to fail as support. My plan was to hold on to these trades and collect interest even if my decision was wrong, but interest for USDTRY no longer pays what it used to pay. It seems to be calculated dynamically now and changes day-by-day. Had I held on to these trades longer, they would have went into profit. USDTRY has been falling hard for the last day. I think it's too risky and decided to close all though.

I was also short USDJPY. I closed these early as well. Had I held on to these trades, they would have went into profit since USDJPY has been falling hard the last few days.

I wanted to perform a "reset" for my account and clear out all old trades and start new. The problem I have is that my plan is good, but I cannot place additional trades in draw down because I run out of margin. So I want to reset my account and only trade 1 symbol at a time. I also wanted to withdraw money for personal reasons.

So I withdrew $6000. My current balance after closing all trades and withdrawal is $24150.61.


TOTAL TRADING LOSS: -$11523.58

INTEREST: +268.59

WITHDRAWAL: $6000

TOTAL TRADING PROFIT: +$474.50

INTEREST: +$7.38

glad to see you back active in the journal sir, and congratulations on the profits, be careful market movements are currently very volatile at all, maybe this is the influence of the corona virus that is sweeping across the world

is there also a signal from you here?

This is just my journal. If I have any signals, they will be posted in the signals section.