Trade by trade breakdown for October 24

Here are all the trades for October 24. I was buying all month in line with the trend. I use a straightforward approach, taking one trade at a time, on one currency pair, using one pattern, and risking 0.5% of my account per trade. Nice and simple. My target return is +3% per month, with a maximum loss of -3%. There were 29 trades, a few more than I normally average. I had a 35% win rate with my winners 2.88 times the size of my losses. You can see the results below calculated in R-multiples.

Sam Eder
33 steps
2 minutes

TradingView

Marketmates

A small win after the trailing stop was triggered.

The next trade was a loss, leading into a news event.

Another small win, although I was slightly late on the entry, costing me 0.3R.

Next was a nice winning trade generating a healthy 7R profit.

The final portion of the trade was closed here on the trailing stop.

A 1R loser.

Followed by another large winning trade, over Non-Farm Payroll (US employment data). Sometimes you benefit from news, at other times, like later in this month, you can end up giving back your profits on the trade.

The final portion of the trade closed on the trailing stop.

This trade was entered in error. I made two mistakes this week, costing me 3R. This was the first that cost 1R.

Another 1R loser.

A small winning trade of 0.5R.

Another 1R loss, after the breakout failed.

Here I missed my entry costing me -2R.

A 1R loss.

And another 1R loss.

A small winning trade after my trailing stop was triggered over news

A nice 3R winner.

A 1R loss after a failed breakout.

A 2.5R profit, where unfortunately the trailing stop was just triggered, knocking me out of a nice trend.

A small winning trade after the trailing stop was triggered.

A 1R loss.

Followed by another 1R loss.

A 2.5R profit, where unfortunately the trailing stop was just triggered, knocking me out of a nice trend.

A one R loss after the breakout failed to sustain its momentum.

Another big winning trade, generating a 7.4R profit.

Here is where the final part of the trade was closed on the trailing stop.

The month finished with a few losses. Here is the first for 1R.

Another on the same day for 1R.

A failed breakout for a 1R loss.

I made an error on part of the exit and was also slipped during news for 1R.

Another 1R loss.

Followed swiftly by another 1R loss on the same day.

The last trade of the month was a 1R loss after the breakout failed.

Trade by trade breakdown for October 24

Sam Eder
33 steps
2 minutes

TradingView

Marketmates

A small win after the trailing stop was triggered.

The next trade was a loss, leading into a news event.

Another small win, although I was slightly late on the entry, costing me 0.3R.

Next was a nice winning trade generating a healthy 7R profit.

The final portion of the trade was closed here on the trailing stop.

A 1R loser.

The final portion of the trade closed on the trailing stop.

This trade was entered in error. I made two mistakes this week, costing me 3R. This was the first that cost 1R.

Another 1R loser.

A small winning trade of 0.5R.

Another 1R loss, after the breakout failed.

Here I missed my entry costing me -2R.

A 1R loss.

And another 1R loss.

A small winning trade after my trailing stop was triggered over news

A nice 3R winner.

A 1R loss after a failed breakout.

A 2.5R profit, where unfortunately the trailing stop was just triggered, knocking me out of a nice trend.

A small winning trade after the trailing stop was triggered.

A 1R loss.

Followed by another 1R loss.

A 2.5R profit, where unfortunately the trailing stop was just triggered, knocking me out of a nice trend.

A one R loss after the breakout failed to sustain its momentum.

Another big winning trade, generating a 7.4R profit.

Here is where the final part of the trade was closed on the trailing stop.

The month finished with a few losses. Here is the first for 1R.

Another on the same day for 1R.

A failed breakout for a 1R loss.

I made an error on part of the exit and was also slipped during news for 1R.

Another 1R loss.

Followed swiftly by another 1R loss on the same day.

The last trade of the month was a 1R loss after the breakout failed.