Monthly Statement December 2019

Hello, hello! This is the last update for the year 2019 (and the first update on the new year!). As mentioned in the last statement, in December I wanted to close multiple EURGBP positions to get rid of that big floating minus I kept carrying since July-August.

Let’s look a little on the numbers. We have 33 profitable trades and a total of 100.74USD profit and a gain of close to 8%. So time to close the EURGBP and get a loss of 230USD and decreasing the floating minus from -400 to just -120USD (close to 10% of the account).

It feels wonderful to be back in a situation that is under control. 

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I am not going into details too much now, as it’s barely the beginning of the year and this was just a quick update as I will have many articles this month.

I will try to start a new habit following the next month, by analyzing the biggest loser trade and see what went wrong.

For the total of the year, I am down 175.95 USD in Forex trading, but it includes the months where I traded without a plan and lost around 310 USD from coping mentors. I am happy with the results and I have high hopes for next year!

Biggest Loser

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The biggest loser of the month is on EURUSD (except the EURGBP parity) and as you see we are talking about a bad trade on an ascending trend, but which equals the only 7.88USD, under the 1% risk.

Biggest Winner

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The biggest winner of the month is strictly related to the biggest loser as they are both parts of a brake-even strategy, or close because we won 13.89USD so 1%!

Thank you for reading this! See you next month!

Disclaimer: I am not a financial consultant! All the information you find here are my decision, I have taken at that moment, on my own analysis. I am open to any type of discussion about money. If you want to replicate my portfolio take into consideration that it is your money and you can have losses.

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