Journal of a trader in account micro: from 0.01 to 1.00 lot
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Thread: Journal of a trader in account micro: from 0.01 to 1.00 lot

  1. #1
    I open this journal to document my evolution from operating with 0.01 lots to reaching 1.00 lots in a single operation. It’s not about leveraged to the limit, but to scale progressively with risk management and cold head. My initial account is $510. I’m not in a hurry, but discipline. I’m not interested in being told that it’s little, I’ve come from busting two accounts before. This time it’s serious.

  2. #2
    First trade: EURUSD, sale at 1.0862, TP at 1.0822, SL at 1.0882. Result: +40 pips, +4. First step accomplished, without emotions.

  3. #3
    Second day: I didn’t operate. The market moved weird, many long wicks and forced decisions. I learned that not trading is also part of the job.

  4. #4
    Third trade: GBPJPY, sale at 189.42, SL flew. -$6. I didn't adjust the ticket well, the signal was weak and I threw the same. Rookie error, I assume.

  5. #5
    Fourth operation was a beauty: purchase of EURJPY with H1 bull-enveloping pattern. I closed manual with +62 pips. I raise the lot size to 0.02 in the next one.

  6. #6
    Small adjustment in the plan: if I have 3 consecutive winning operations with the same batch, scale 0.01. If I lose 2 in a row, I go back to the previous one. This is about adjusting, not forcing.

  7. #7
    Today I jumped the SL for 0.4 pips. Brutal. No way, part of the game. But it hurts because it was a well-armed entrance. Sometimes it is not a matter of strategy, but of timing.

  8. #8
    The current balance is $531. It is not much, but it cost me every dollar. For me this is not "centavos", it is consistency in construction.

  9. #9

  10. #10
    I've started using alerts and newspaper trading in addition to this one. Hand-noteing forces me to think before shooting. Recommended.

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