I STARTED TRADING LONG IN THE USDCAD AFTER THE PRICE BROKE A SMALL CHANNEL OF 22 PIPS TO THE UPSIDE, WITH THIS SIGNAL I ENTERED BUT CATCHED A LOSS FOR THE DAY OF -50.77, THIS APPARENTLY WASN'T ENOUGH FOR METO TAKE A LOSS, SO I DID REVENGE TRADING TRUSTING ON MY "INTUITIVE SKILLS", WHAT I REALIZED AFTER 14 TRADES MORE IS THAT BESIDES THE FACT I ENDED THE DAY WITH A PROFIT,IEXPOSED MYSELF TO TOO MUCH RISK, WITH AN ABSOLUTE DRAWNDOWN FOR THE DAY OF $-107.28, WHICH GIVES ME A RISK/REWARD RATIO FOR THE DAY OF 1:0.22,AND A PROFIT PERCENTAGE OF 80% OF THE TRADES, WHICH GIVES ME AS RESULT: (0.22*80)-(1*0.20)=-0.02 EXPECTANCY.
TRADING RESULTS:
(-50.77-40.80-26.51+1.69+15.32+17.52+0.81+62.16+1.69+4.12+1.25+21.12+1.26+0.38+14.97)
PROFIT/LOSS FOR THE DAY: $24.21
TRADING RESULTS:
(-50.77-40.80-26.51+1.69+15.32+17.52+0.81+62.16+1.69+4.12+1.25+21.12+1.26+0.38+14.97)
PROFIT/LOSS FOR THE DAY: $24.21