Losing chain

This week I've experienced a whole chain of losing trades. It's almost in the pattern of one win followed by one loss. I remember what my trainer, KS, said before, that having consecutive losing trades is possible. That is where our money management plays an important part. Anyway, I shall not be discouraged by these losing trades. It is a good experience to have gone through them so that we will not be taken by surprise when we encounter such in a live account.

Open Date: 07/18/2007 11:34:31
Instrument: USDJPY
B/S: Sell
Open Rate: 121.74
Lot: 0.5
Close Date: 07/19/2007 05:48:42
Close Rate: 122.04
Gross PL: -$143.49 (including interest loss of $20.55)

Open Date: 07/19/2007 07:57:13
Instrument: USDJPY
B/S: Buy
Open Rate: 122.07
Lot: 0.5
Close Date: 07/19/2007 20:43:13
Close Rate: 122.17
Gross PL: $47.67 (including interest of $6.75)

Beginning Balance: $1,000.00
Ending Balance: $1206.43
Profit: 20.643% (reduced)