Account Performance
The trading journey continues on a strong note as my account is up 24.10% in a month. For February alone, I have recorded a 7.17% gain, trading with a disciplined approach and precise execution.
This week’s success came from trading EURUSD and AUDCHF, achieving a 100% win rate with no losses. My strategy remained simple yet effective:
- EURUSD – Focused on short positions whenever the price went above 1.05, securing profits by closing the trade as soon as I gained more than 25 pips.
- AUDCHF – Maintained a long position as part of a broader strategy for sustained gains.
For transparency, you can track my account performance here: MyFXBook Account
Plan for the Upcoming Week
Looking ahead, my primary focus remains on shorting EURUSD whenever it trades above 1.05. Meanwhile, I will continue holding my AUDCHF long position, treating it as a long-term trade.
As always, risk management and market awareness will be key drivers in my decision-making.
Wishing you all a profitable and disciplined trading week ahead!
Disclaimer:
Trading in stocks, currencies, CFDs (Contracts for Difference), Forex, spread betting, futures, cryptocurrencies, and related financial instruments (“Trading”) involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results, and you should be aware that trading can result in substantial losses. It is essential to carefully evaluate your financial circumstances and, if necessary, consult a qualified financial advisor to determine whether trading aligns with your financial goals and risk tolerance.
Be aware that certain trading strategies, such as contingent orders (e.g., “stop-loss” or “stop-limit” orders), do not guarantee limited losses. Market conditions may render these strategies ineffective, potentially leading to losses that exceed intended limits. We also emphasize the risks and opportunities associated with leverage in trading. While leverage can amplify gains, it can equally magnify losses, resulting in significant financial impact.
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