Opened a trading account in April 2020. Traded the market open long for 1,5 months and lost 120 dollars on 35 trades. Paper traded the market open long 925 trades until the middle of December 2022. Mean winning percent was 38 (2021), 45 (2022) and 49 (2023). Mean win/loss ratio 1,35 (2021), 0,7 2022 and 85 (2023). Biggest win 301 dollars and biggest loss 80 dollars.
Expenses for education 5628 dollars specified in the blog post "33 month update".
Started to trade real money the 16 of Dec 2022. Since then the number of trades is 306. I am down 140 dollars from 16 Dec 2022 to the 31th of March 2024. Biggest win 35 dollars and biggest loss 88 dollars. Winning percent in March 39. Win/loss ratio 0,38. Percent target trades 86.
The knowledge account is improved and I have enjoyed the trading. Since October 2023 it is much harder and the winning percent has gone down mainly because of lacking discipline with the exits. I have spent years on learning to trade. It is hard to keep the spirit up when the account is slowly bleeding out. I have decideded that the winning percent need to go up to around 60 before I may increase the size.
Nice breakdown. I think it will click for you.
Thank you! I wish you all the best.
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