I'm very happy to announce that I have gain back my capital, and with some profit:) (See Mid-August Result). This was indeed a very good month for me. But of course, I can get back my losses by adding new capital, and it was quite a lot of capital for me. I feel like my journey in Forex is getting serious more than ever. Okay enough of this happy thing! Below is August daily return. Zero percent means that I didn't trade that day.
I got 934 pips this month, which is 34.20% profit. I trade smaller risk than I used to. I didn't trade on Tuesday and Wednesday last week as well as yesterday. I got 23 winning trades and 10 losing trades in 2 weeks, with only one losing day. This is just one month and what I know is the market takes a lot faster than it gives. So we'll see next month;P I hope I can be consistent.
True Balance Sheet
I have another journal that kept all my results since the very beginning, which is in July last year. I used to calculate them as my learning costs;P Apparently, the profit this month is able to cover it all, boost my portfolio to the positive number.
I also calculate the operating cost (internet provider service). My parents still paying them so I calculate them as debt. I'm still quite far to pay this debt and it is a challenge for because the debt increases each month. Well my parent might not expect me to pay the internet cost, but I just like to know the cost. One day I will have to pay it myself.
I will talk about the system more next month and post the third part of Pairs Correlation about beta analysis. I hope that all of you had a good month also. September is ahead of us and we'll enter Ramadhan for moslems. Have a nice weekend guys!
I also calculate the operating cost (internet provider service). My parents still paying them so I calculate them as debt. I'm still quite far to pay this debt and it is a challenge for because the debt increases each month. Well my parent might not expect me to pay the internet cost, but I just like to know the cost. One day I will have to pay it myself.
I will talk about the system more next month and post the third part of Pairs Correlation about beta analysis. I hope that all of you had a good month also. September is ahead of us and we'll enter Ramadhan for moslems. Have a nice weekend guys!
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