Unfortunately, more tangible profit results were not achieved in January. This month’s trading was not easy, it went into a bigger drawdown several times, but at the end of the month, the minuses were mitigated.
Trading takes place and is analyzed in real-time, so sometimes some positions may be closed earlier, some may be reopened again, and so on. Synchronous market analysis is in progress. I regulate risk and Money Management by the number of positions.
In my trading, I usually use a 1:1 Stop-loss to Take-Profit ratio. Recently, however, as you have noticed, Take-Profit has fallen sharply in terms of Stop-loss. This is due to market conditions. However, if market conditions are favorable, the target remains a 1:1 ratio.
There have been no anomalies in trade statistics, and we continue to move steadily forward by continuing to trade with the determined guidelines.
Statistics based on “LoginPeace Trend” in MyFxBook.com:
Trading result in January: -0.38%
Total profit (in 16 months): +69.30%
On average every month during: +3.25%