Note: I am including a heavily redacted Trade Summary from a demo account I picked up to prove my point. Summary 1 shows the Beginning Balance and Summary 2 shows the Ending Balance.
I traded a modified version of what I wrote about on this forum. I began on this Monday, the 17th of August 2009, and closed all position this Friday, the 21st of August 2009 - for a full one week swing trade.
You will not that there are multiple orders - however, you will also recall that I consider this block of orders to be considered just one order or one single trade. You will also the multiple positions around the same pair statement, made previously in another thread. In other words, each one of the trades you see here, were logically linked and dependent upon each other.
Final note: There were ZERO losses this week. The entire trade closed out with each component in the black. The first two (2) positions that you see were entry errors and I closed them immediately for a 2.5 pip loss (near the spread) which is evidence of having made an entry error in typing. I reversed the direction of both of those orders when I re-entered them and those two orders were allowed to run to maturity and closed in the black.
I HAD to wait until all segments of the trae CLOSED this week. This profile is a SWING profile and therefore typically needs one full week to concluded.
This was ONLY a sample. This was NOT from my primary account. This was from a temporary DEMO account used this week for the purpose of illustration ONLY. Do no tray this at home. Experienced Traders ONLY. Don't drink while trading. Never trade while on medication. Caution, naysayer on fire, etc.
I picture is worth a thousand words.
Never say "it can't be done." You can accomplish what you put your mind to.
Summary 1:
Summary 2:
I traded a modified version of what I wrote about on this forum. I began on this Monday, the 17th of August 2009, and closed all position this Friday, the 21st of August 2009 - for a full one week swing trade.
You will not that there are multiple orders - however, you will also recall that I consider this block of orders to be considered just one order or one single trade. You will also the multiple positions around the same pair statement, made previously in another thread. In other words, each one of the trades you see here, were logically linked and dependent upon each other.
Final note: There were ZERO losses this week. The entire trade closed out with each component in the black. The first two (2) positions that you see were entry errors and I closed them immediately for a 2.5 pip loss (near the spread) which is evidence of having made an entry error in typing. I reversed the direction of both of those orders when I re-entered them and those two orders were allowed to run to maturity and closed in the black.
I HAD to wait until all segments of the trae CLOSED this week. This profile is a SWING profile and therefore typically needs one full week to concluded.
This was ONLY a sample. This was NOT from my primary account. This was from a temporary DEMO account used this week for the purpose of illustration ONLY. Do no tray this at home. Experienced Traders ONLY. Don't drink while trading. Never trade while on medication. Caution, naysayer on fire, etc.
I picture is worth a thousand words.
Never say "it can't be done." You can accomplish what you put your mind to.
Summary 1:
Summary 2: