February 7, 2017 Greedy Ram 0Comment

I had the worst month of my career during January of 2017. This especially hurt since it was coming off of a not so stellar year, I ended up losing $9,118.26 (USD) 🤢.

Thankfully in December I made a little over $12 000 so that helped cushion the blow, still a horrible 2016 and a punch in the gut to start 2017.

Here is a day by day break down:

17-01-03  $          72.04
17-01-04 -$       130.71
17-01-05 -$   1,140.01
17-01-06  $        981.29
17-01-09  $            0.90
17-01-10 -$         66.23
17-01-11 -$       380.29
17-01-12 -$   1,014.78
17-01-13  $        855.50
17-01-16  $        865.73
17-01-17 -$   3,807.26
17-01-18 -$   1,199.71
17-01-19 -$       821.03
17-01-20 -$   1,129.70
17-01-23 -$       628.39
17-01-24 -$   1,839.70
17-01-25  $        264.72
17-01-26 -$   1,029.16
17-01-30  $        911.10
17-01-31  $        117.43

 

 

As you can see I was breaking even for the first half of the month then I took a $3807.26 loss in one day (the trade lasted less than 10 minutes), after that loss the wheels really fell off.  Usually after a bad streak I reign in the risk on whatever trading strategy burned me while keeping my others at a consistent level.  A simple approach of doing more of what works and less of what doesn’t. During January however it really felt like no matter what strategy I implemented I was taking the maximum loss possible.  As you can see on the right I was profitable about 46% of the days and had a win to loss ratio of 0.40, this is NOT a recipe for success! I’m going to have to cut back my risk across the board until I regain some consistency.

 

 

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