Results for week 4:
Scalping (200k trades)
24th +£30 / +2.4 pips
25th -£36 / -2.8 pips
26th +£245 / +19.5 pips
27th -£39 / -3.1 pips
28th +£2 / +0.2 pips
Week: +£202 / +16.2 pips
No swing trades this week
YTD: +£659
Results for week 5:
Scalping (300k trades)
31st +£21 / 1.1 pips
1st No trading
2nd +£41 / 2.2 pips
3rd +£71 / 3.8 pips
4th +£34 / 1.8 pips
Week: +£167 / +8.9 pips
No swing trades this week
YTD: +£826
Results for Week 6:
Scalping (300k trades)
7th +£78 / +4.8 pips
8th +£52 / +2.8 pips
9th No trading
10th +£67 / +3.6 pips
11th No trading
Week: +£197 / +10.6 pips
No swing trades this week
YTD: +£1023
Results for week 8
No trading.
Results for week 9:
Scalping (400k trades)
28th +£98 / +4.0 pips
1st No trading
2nd -£196 / -8.0 pips
3rd No trading
4th No trading
Scalping: -£98 / -4.0 pips
No swing trades.
Week: -£98
YTD: +£1144
Results for week 10:
Scalping (400k trades)
7th +£42 / +1.7 pips
8th +£193 / +7.8 pips
9th +£19 / +0.8 pips
10th +£114 / +4.6 pips
11th +£172 / +6.9 pips
Scalping: +£540 / +21.8 pips
2 Swing trades:
USDCAD +£112 / +35.2 pips (50k)
EURUSD +£93 / +30.1 pips (50k)
Swing +£205
Week: +£745
YTD: +£1889
This has been my best week of trading so far. Not only did I capture my biggest scalping pips haul, but I also did it on my largest size so far. Two profitable swing trades on smaller size were the icing on the cake!
Results for week 11:
Scalping (500k trades)
14th +£40 / +1.3 pips
15th +£158 / +5.1 pips
16th -£228 / -7.3 pips
17th +£226 / +7.3 pips
18th No trades
Scalping: +£196 / +6.4 pips
3 Swing trades:
EURJPY +£333 / +87.1 pips (50k)
AUDUSD +£215 / +69.0 pips (50k)
EURUSD +£43 / +13.9 pips (50k)
Swing +£591
Week: +£787
YTD: +£2676
My scalping performance was a little disappointing this week, due mainly to the loss on Wednesday. That 7.3 pip loss, on a long entry at 1.38824, is all the more annoying with price above 1.41 today, but that is the downside to being a scalper.
My swing trading on the other hand has produced a very nice profit this week, helped in large part by the events in Japan.
I am a retail forex trader. For the last two years I have made consistent profits, predominantly from scalping but also from a swing trading approach. For 2011 my goal is to generate £10,000 in trading profits. This journal will chart my weekly progress. Trader32 My scalping results for 2009 and 2010 were: 2010: +£1646 trading profit for 2010 December +£147November +£377October -£33September +£40August -£13July -£224June - no recorded tradingMay - no recorded tradingApril +£202March +£422February +587January +£141 (Note...I changed from my USD account to GBP account in September, so have converted all USD figures to GBP at 1.56 for simplicity. January to August was $1782 profit) 2009: +$995 trading profit for 2009 December +$396November +$599October +$650 (demo)September +$267 (demo)
but this is not much. Some traders make this in one day!
Agreed...I know many traders for whom the commission per trade is more than my entire profit last year.
My focus the last two years has been to maintain consistent profitability and I have not worried about making large sums. I have found before that trading too large before you are consistent can lead to larger numbers, but in the negative column. Now that I have shown consistency, I am looking to increase my size.
Any comments on how to handle larger size most welcome :-)
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I am a retail forex trader. For the last two years I have made consistent profits, predominantly from scalping but also from a swing trading approach.
For 2011 my goal is to generate £10,000 in trading profits. This journal will chart my weekly progress.
Trader32
My scalping results for 2009 and 2010 were:
2010:
+£1646 trading profit for 2010
December +£147
November +£377
October -£33
September +£40
August -£13
July -£224
June - no recorded trading
May - no recorded trading
April +£202
March +£422
February +587
January +£141
(Note...I changed from my USD account to GBP account in September, so have converted all USD figures to GBP at 1.56 for simplicity. January to August was $1782 profit)
2009:
+$995 trading profit for 2009
December +$396
November +$599
October +$650 (demo)
September +$267 (demo)