Live trading at London Forex Show February 24th

I will be trading live on stage from 1.20pm to 2.50pm on the day. You can find more information here.

December 2016 performance summary

Happy New Year for 2017!

I want to wish you great year in 2017 for your own personal trading. I was pleasantly surprised that many readers of my blog sent me Merry Christmas and Happy New year messages. Thank you for all of your kindness. I started this blog with the goal of sharing the reality of trading to others. Judging by the emails that I receive, it has been making a positive impact. Once again, thank you for sharing your stories and I hope my blog will continue to benefit you in some ways.

Here are my performances for December 2016. Account statements and performance summary pages have been updated.

-1.47% on Trend Following account

-0.06% on PAMM Growth account

The growth account registered a small loss from only 1 trade. I am now half way through my second year of proprietary trading. The first half of this 2nd year had 11 trades, 10 losses and only 1 winner. The account is down -1.59% compared to the beginning of the year. This is risk management in action. Considering that I risk on average 0.5% per trade, this is effectively showing that I have taken 3 losses instead of 10. I work hard to give back as little profits as possible during the more difficult periods of trading. The reality of trading is that every trader will go through periods of draw down and my number 1 priority in trading is to survive the down periods as best as possible.

This year will bring along new projects for my trading. February 24 is my live trading challenge with Charlie Burton at the London Forex Show. I am also doing day trading using multiple strategies, systematic and discretionary. One of my goals for 2017 is to take up more discretionary trading to gain more experience with different market conditions. You can see my progress on Twitter (check the photos).

Wishing you a profitable year for 2017.

Viet

PS: I accidentally deleted the post for November 2016 :(