tl;dr: http://ift.tt/2sNyUPq 10% so far, still going.
I left the amount in there purely for transparency, I’m well aware $100 is not an amount to brag over. I care more about the percents (r/r, w/l ratio) than the actual monetary value though. I took $1k from my main account and opened a small new account simply for testing purposes because I do not believe in demo testing. Numbers just go to show nothing was over-leveraged.
Kind of a shit-post since there’s no real analysis going on, kind of a form of self-validation. Totally understand if the mods want to delete this. I posted a week or two ago for the first time in 6 months or so about a strat I had backtested manually but the results seemed too good.
I had a lot, a lot of PMs from people about the strat in general, and how I place my TP/risk/strat in general. Well, there is no TP. I just move my SL in a way that I have found to be most profitable. Sure, I miss out on a lot of pips occasionally, but it lets me hit really big runners, which is what this game is all about. I mean, right now I have something like 80 pips still on the table, not claimed, with decent resistance incoming. I’m going to move my SL to 10%, just because of this post so it’s not false info, but after that I’m likely not going to post my trades. External influences (like producing for a crowd) are probably a bad idea.
Risk…risk is 2% on every trade, apart from trades where the SL is small and I don’t have the funds to buy $5 pip positions. I had a lot of people suggest kelly criterion, and that number came out to almost 15% lol. Now, I may take part of that…25% of KC would put me around 3.6% risk, and man, those numbers do look tasty. 3.6% sounds like a lot though, so I guess we’ll just wait and see. I’m not going to make any real changes until I double the account, which shouldn’t take too long (projected).
The strat…well, the bottom line is it involves a single moving average, but many of you would not like the details, and truthfully, I’m a fan of capitalism. Hard work, research, and education will teach you more than me handing you something imo, plus…let’s be real; Unless you’re a complete noob then you should understand how lazy and just in bad taste it comes across to just ask for something for free.
Anyways, that’s the start of my week, and the start of my new plan. Hope your trading goes just as well!
submitted by /u/GainOfThronez
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June 06, 2017 at 07:00PM
from /u/GainOfThronez
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