Zeag’s Portal

Comrat fund has started for about 4 months now… 3 out of 4 months I was in a bad losing streak. At the lowest point, the fund was down by 22%.

The irony of things is that more than 3/4 of the trades that I went into during the 3 losing months, I was spot on in the trades. So how did I end up in a losing streak?

A lack of target…

The trades that I made in those 3 months were all in the same pattern. They will go up by at least 200% for the next few days then drop to a losing position. Techincally, it means that my exiting strategy is bad. However, after analysis with Lixian on how I trade she pointed out something obvious.

If I were to set a monthly target, I will actually exit “correctly” once my trade target hits it.

For the 4th month, I did exactly that. I set a target for the month and exited my position once I hit it.

I also used my trade for nothing strategy that I did not use in the 3 losing months.(If I were to used that strategy I would not have lost at all)

Lesson Learnt:

Set targets.

Capital Preservation even if it means less profits.

Balance Greed and Fear.

Thanks Lixian.