Happy New Year, traders! With 2017 finally over, it is time to sum up our yearly trading results. I still have one open position carried over from 2017 (symmetrical triangle in GBP/USD), but that is not a problem since I calculate profits and losses based on the trade’s closure date — my 2017 results include one trade that had been opened in December 2016 and was closed in July 2017.
To make the long story short, my 2017 bottom line is +7.6%. Although insignificant compared to some benchmark metrics (consider the rise in ^S&P500 and ^Bitcoin for example), my latest yearly results are a nice step forward compared to my 0.7% loss in 2016. However, the number of trades continued to fall — I have closed only 11 Forex/commodity positions in 2017 compared to 13 in 2016. And with fewer trades, it is even more obvious that my 2017 results are positive thanks to just a single trade.
I had only four winning trades in 2017: ascending channel in USD/CAD @ H4 (my masterpiece of a channel breakout trading), bullish pennant in USD/JPY @ H4 with crazy
The remaining seven trades were losers: three channels, a couple of
Not all of my trades are
The year 2017 was a modest improvement over my previous year’s results and I am more or less happy not to be among the proverbial 95% of the traders who lose in Forex. Still I expect to further improve my performance in 2018. And how about you?
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