This is the first statement after we started the FOREX investment plan. It was a hell of a month. It was pure pleasure and fear and emotions and …not in a negative way. I loved the thrill and the struggle and the plans.
The first thing you can see in the statement exported from MT4 platform (the trading platform I currently use) is that we had two deposits, instead of one. And bigger than the 50USD I said. Well…we cheated the plan from the first month, but I wanted to get a better start and I was sure I will lose at the beginning.
Now, that we are over the chart and I hope you didn’t lose to much trust in me, let me explain why you see the two deposits. The first deposit is of 106USD and it’s some money, I had in another account on the same broker. I decided to merge the two accounts and the money arrived in the trading account as a deposit.
The second deposit of 150USD was because I feel the need for a bigger margin. With my current account and margin I had room for 3-4 trades and I wanted to feel a bit at ease. I know I cheated a little and I am sorry, but I have great hopes for our plan.
The next thing we see on the graph is that we suddenly stopped at the half of the month. A curious thing happens. I made the deposits from my Revolut account to the brokers’ bank. At first the money was credited into the trading account and left Revolut account. But after 1-2 weeks the money was declined. After some discussions with the broker and Revolut support I decided to stop my trading until the problem was fixed. Happily it was fixed 2 days ago, so I made another deposit of 150USD ( which will not be seen in the next monthly statement).
This 2 weeks sabbatical affected my plan and we traded just close to 1% of the 5% we marked on the list. The total net profit is about 12USD and I paid some commissions for the transfer and deposits that I already deducted from the total profit of 6.62USD ( we are rich!!)
I can’t say I had a favorite trade, all were small movements I profited from. But the best was this 63 pip movement on GBPUSD.
Thank you for reading this!
Disclaimer: I am not a financial consultant, all the information you find here are my decisions, I taken in 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.