sakshamrathore's US 500 Trade $-124.99

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Trade Details
Published: May 20, 2023
Status: Closed
Broker: IcMarkets
Asset: Forex
Symbol: US 500
Type: Short
Patterns: Pivot Break
Performance Metrics
Entry CPU Exit CPU Fees Max Amount Max Cost P&L % P&L $
4,166.34 4,158.70 $0.00 16.36 $68,036.33 -0.18% $-124.99
Transactions
2 entries
Date Side Amount Price Commission Reg Fee
May 18, 2023 23:20:00 Exit 16.36 $4,158.70 $0.00 $0.00
May 18, 2023 23:45:00 Entry 16.36 $4,166.34 $0.00 $0.00
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Notes

TRADING PLAN

>> To not repeat all the past mistake risk 2.5% per trade no matter what. Then execute the trade whenever i got the signal, without any hesistation

HOW THE TRADE EXECUTED

>> As I planned to enter the trade, i excuted with the proper risk managerment, i enter the trade but after a lot of consolidation market hit my stop loss. One thing i am configuiring in this after a long consolidation there are more chances to stoploss get hit. So from next time i have to keep my eye on this. Also there was a very heavy resistance over there but i still entered because of the rules and stopped out.

DIFFICULTIES  

>> In this trade i just enter the trade without any difficulties with proper risk management.

RISK MANAGEMENT

>> Risk management of this trade was good but i think from next month i should focus on the same amount of risk per month.

OVERALL

>> The trading plan was good and the trade was executed according the risk management and plan,




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