Quarterly Review Q2 2019

Welcome to the quartelry review. Just before I start I will go over this week which pretty much sums up the year so far to be honest and I am getting more and more consious of some things.

As you see not much to explain aside from an absolute slaughter all FTBs. So many of them I didn’t actually want to take simply because I didn’t believe price will go down but I had to and I wouldn’t be surprised if 6 months down the line I either dont trade FTBs or actually choose which I take. Either way lets get to the main topic of today.

I won’t lie to you it is difficult for me to share these ones because not only does it show results that just aren’t good enough and piss me off but more importantly I don’t think it is a fair reflection of my ability as a trader and all the work put in over the last year and a half. For me its a pisstake and psychologically it drains me sticking to rules and not getting what I ‘should’ be hence the lack of belief in backtesting and RIGID strict rules system. If you actually compare results from Q1 to now I have actually increased my average winner and decreased my average loser. This I think is becasue of the emphasis on position 1 so if anything if I wasn’t to do any of the adjustments from winter and then April we are talking at least 20% drawdown. Is it even a drawdown? Just losses to me. Below is a more in depth look into what is leaking money for me.

I mean all I see is red and a lot of these integrate with eachother. For example FTBs play a huge part in the Euro and GbpUsd. To be honest I am quite speechless. I dont really know what to say. The patterns haven’t been as great but that is also because the lack of T2 hits from earlier this year put them a bit behind but even still nothing great. TCT is slightly dissapointing to see but as you know Ive only got my 5min approach that I am comofrtable with so the exact method I trade isn’t ideal and happens not too often.

But yea like I said I have no idea what to say. Somehow I have the balls to post all this shit and believe in myself so all I can do is actually HOPE this system works because I have been doing 97% of the things right (good trades) so I am really struggling to take responsobility which I would love to do but yea. Thats it hope you enjoyed I guess and time to move on.


Published by Lach Plays Trading

I'm a forex trader whos journey began January 2018 and has had its ups and downs but has taught me a lot about the markets and myself as a person. Documenting my journey and sharing my experiences for you to be able to learn from them and my prior mistakes. Fully transparent, not afraid to show losses or speak exactly what comes to my mind.

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