The personal account has shown less profit than the professional accounts I manage.
I wanted to know what I have been doing wrong.
I found that within the last 50 trades, there were 11 trades where I tried to "out smart" the System.
I got out too early, or I moved SL to BE too soon. Sometimes I closed half.
Hence instead of 22% profit I have actually missed 17% and only grabbed 5% on those 11 winning trades.
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- I just realized that in my last 50 Trades there are 11 trades that I have cut short. and that has resulted in getting 17% less profit. I have made Various mistakes such as move SL to BE too soon, Stops out BE and then hits 2R , or close half and some mistake.
- I would like someone to shoot me with an elephant gun right now.
- (I was wondering why my results were good but not as good as I wanted them to be.
- Hence all day today I spent searching) (edited)
- [21:31]
Lesson here is, Don't try to beat the system, FOLLOW IT!
I will attach below all of those 11 trades. Please study them and think what I have done wrong?