FX GURU – As of Friday, July 6 we closed a small winning trade but the USDCAD trades are still hurting us bigtime. 2 positions almost down 500 pips each and the third is down around 400. I always though you were suppose to let the winners run and close the losers. These trades were open May 17, 18 and 23rd.

Closed Trades:
+$2.15

Open Trades:
3 open – All LONG USDCAD (1.0985, 1.0953, 1.0871)
and 1 more trade
-$286.64

Summary:
Balance: $1067.29
Equity: $780.65
Trades: 35
Wins: 31
Losses: 4
Biggest Win: $7.60
Biggest Loss: $1.50 but 3 open trades – NOW over $280 drawdown!!!
*starting balance on April 29 was $1000