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Hope you all had a good month trading or investing.. Up a humongous 48.6% for the month, unfortunately currently have a 19% Drawdown, but with the return for the month already I'm not worried. I will eradicate the position by partial closures based on high and low of the week for the pair and I have already done so by 24% without increasing DD!. It seems I average 1000 pips a month so far. not all of my positions have tight stops not more than 25 pips, some have mental stops and i manage them well. If it wasnt for this Drawdown I would have a great equity curve. But Trading cant be perfect. I expect to repeat the same gains next month. It's good to know I've reached a 5 figure sum now! Good feeling.
Stay safe with those kind of monthly returns means your risking a lot per pip move. 19% drawdown is already a red flag for most. I wish you good fortune. Taming the lion is not easy but its favourite food are big risk takers. Stay safe and hope the pips be with you.
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