Week 3 summary

Maximilion
2 min readMar 11, 2018

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This past week was really volatile for me. I traded mostly NZDUSD and GBPJPY. On the last pair didn’t have much success.
Started the week with 330 over the weekend and on Monday the trades hit stop loss and it became 250. Then, on Tuesday took many trades and ended up with 330 in bank and 430 floating but didn’t take the money that was offered and went down to minus on these same trades. It was all momentum that created this money and non momentum took it back. Only this week Friday I took Momentum course where I was educated and saw all the mistakes I made this week haha. How stupid, but at the same, you need to experience these things on your own skin, there is no way out. I am thankful for every mistake I make because it will get me closer to the goal.

This week I am starting off with 170AUD, which is +70AUD more than I started with. Eventually it could be around 500 instead but it is what it is.
I repeat, my strategy is going 100 to 10k with huge risk and potential drawdown and there slowing it down. I won't give up until I achieve the target even if it takes 20 years to make. :)

This week target is 170 to 700 AUD. Roughly 4x. Doable.
If not I am okay to deposit another 100 to account next week. :)

Here is the weekly watchlist. USDCAD + GBPCAD are really good looking charts.

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Maximilion
Maximilion

Written by Maximilion

I read 50+ books per year and share my notes and learnings via Medium. Trading Financial Markets. Follow me on Instagram and Twitter @Maximili0n

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