My Trading Journey Update - Dealing with Market Challenges

Hey everyone! I wanted to share my latest trading results with the community. This week has been quite educational for me, and I think sharing real experiences helps us all learn together.

Account Overview - Raw Trading Ltd

Account Number: 52430647
Trader: Omar Abdelkefi
Currency: USD
Statement Date: August 4th, 2025 23:59

What Happened Recently

A couple of days ago was a challenging day in my trading journey. I had to make some difficult decisions, including closing my ETHUSD position that I had been holding since July 27th.

My Trading Results

The Ethereum Position - Closed

My ETHUSD position that I opened on July 27th at 06:26 got closed on August 2nd:

• Original Entry Price: $3522.93 (July 27th)
• Exit Price: $3424.30 (August 2nd at 20:49)
• Position Size: 1 lot (sell)
• Ticket: #953925179
• Final Result: Loss of -$98.57

This was a tough one to take. The market moved against my position, and I had to stick to my risk management rules and close it out.

The Cardano Position - Was Still Open

My ADAUSD position from July 28th was still running at the time of the statement:

• Entry Date: July 28th at 17:19
• Position: Buy 1 lot
• Entry Price: $0.80965
• Market Price (Aug 4th): $0.74905
• Status at Statement Date: Floating loss of -$0.62

This position was moving against me, but I was monitoring it closely and hadn't hit my stop loss at that point.

Account Status (As of August 4th)

Here's where my account stood after those trading activities:

Account Balance Breakdown

• Previous Ledger Balance: $332.05
• Previous Equity: $337.59
• Current Balance: $227.60
• Current Equity: $226.98
• Floating P/L: -$0.62

Risk Management Stats

• Closed Trade P/L: -$104.45
• Margin Requirements: $1.62
• Available Margin: $225.36
• Total Loss Impact: -$104.45

Tough Lessons from Recent Trading

1. Losses Are Part of Trading: Even when you think you have a good setup, the market can move against you.

2. Risk Management Saves Accounts: Without proper stops, that ETHUSD loss could have been much worse.

3. Emotional Discipline: Taking a $98.57 loss hurts, but it's better than letting it become a $200+ loss.

4. Portfolio Impact: One bad trade significantly impacted my small account, showing the importance of position sizing.

Performance Analysis

Recent Situation:

• Account Drawdown: -32.7% from recent high
• Open Positions: 1 (ADAUSD showing small loss at the time)

What Went Wrong:

• Held the ETHUSD position too long hoping for a reversal
• Should have cut losses earlier when technical levels broke
• Need to improve entry timing and market analysis

What's Next?

My plan moving forward:

• Focus on smaller position sizes to preserve capital
• Be more strict with stop-loss levels
• Take time to analyze what went wrong with the ETHUSD trade
• Continue monitoring any open positions for signs of reversal
• Consider taking a short break to reset mentally after losses

Recovery is part of every trader's journey. I'll use these setbacks as learning opportunities to come back stronger.

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