I am not in the best of moods today and its not because the day has gone badly. Its actually been a decent day if you look at the account: We reduced drawdown from 50% to 25%, putting the account in a far more healthy position. Some would actually say this is a good day. So this is not a “its falling apart, im going to melt down rant”. Its a “damn I can not believe my bad luck rant”.
All of the fundamentals this week came into perfect line with what we expected and we did 40 trades in the last 3 days that were all brilliant and would have yielded us 6 figure profits (No joke, check our history from the last 3 days to confirm) had all of them not miraculously been SL’s to laser precision by widening spreads just before a trend shift.
Such trades include:
USDJPY buys at 111.60
USDJPY buys at 112.39
USDCHF buys at 0.9868
EURCHF buys at 1.088
GOLD sells at 1240
All of these trades had values of millions and combined would have given us profits of $280,000 USD at the very least. All in 3 days. It was a perfect move backed by perfect estimations of data and fundamentals, like one such call I did back in August when I made the community $300,000 (30% of 1 million) in a single week. And yet it all went to waste, solely on bad luck…..
In short, I am not upset with the account because we only reduced draw down today, I am upset with our bad luck that has prevented us from amazing gains. Bad luck that I have never seen on such a consistency.
Now you can understand why I had a little rant earlier. Its hard enough trying to make the big gains we go for, yet when everything goes right except luck and it happens 40 times in less hours, you can imagine why one gets so frustrated.
Am taking the rest of the day off,
Wish you all a great weekend,