A forex trader discusses his biggest win, and how he started by losing money for a year. He advises trading smaller accounts with higher risk and taking out profits, and discusses his trading strategy using chart analysis. He made £3,624 on a gold trade, with a pullback adding an extra £400. His biggest day was £2.8k trading US 30. Overall, he has had numerous 1-2k days with a risk amount of £250-500.
My Biggest Forex Win: How I Made £3624 in One Trade
Introduction
• A brief overview of the content that will be covered
Background
• How long I’ve been trading forex
• The struggles I faced at the beginning of my trading journey
• My approach to trading smaller accounts
The Trade
• The date of the trade
• Which asset I traded
• Pre-trade analysis
• My entry point and stop loss
• The trade’s progression
• The level at which I closed the trade
Profit Realization
• The importance of taking profit
• The amount I withdrew from my account
• The process I go through when taking out profits
Other Trading Wins
• Other successful trades I’ve made
• My typical daily profit range
Conclusion
• A recap of the biggest win discussed
• A reminder of the importance of taking calculated risks
• Final thoughts and encouragement for traders