Pips Gained (or Lost) per week

Another statistic I keep is to measure the number of wins and losses per week by pips gained or lost, and by whether or not the trades were long or short.

This allows me to keep all accounts on track for steady profits, without excessive peaks and troughs.  The peaks are OK, of course, because that's better-than-average profit, but when trading is slower, I start to worry that I'm not doing the right thing for my clients.

Here is the latest table of pips gained (or lost) per week:

I'm quite proud to say that there has only been one 'losing' week, by this way of counting, and that was when I stuffed up.  I was very tired and it was very late and my brain obviously wasn't in gear when I decided to put trailing stops on some open trades that were losing at the time.  When I do that on an MT4 platform, it isn't effective until the trade is in profit, but I forgot that on the OANDA platform, the trailing-stop is effective immediately, so a small retracement spat me out!

So I still know that my trading method works, giving steady returns each and every week!