I started the week with a non-trading related expense of around £400 and while my trading started off on strong footing, things deteriorated from Wednesday onward and I ended the week with an after-expenses loss of just over £500 (-4.1%).
I’m giving myself a road-map scoring of just 4 out of 10 because I ended up chasing a loss and this sent my trading behaviour in to a negative spiral, which hasn’t happened in a while. I’m just fortunate I didn’t lose more and I’m glad the loss wasn’t due to a fundamental flaw in my trading approach, because this gives me reason to keep pressing forward. You can see from my equity line that I’ve been struggling to break well north of the 12,000 level for a while now. My break-even target remains some way away at £18,000.
Here’s how it feels: