Well, I would never thought it possible... but it is... three trades today closed as winners... Some losing trade has to come but I love this:)
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My forex trading diary... My goal is to make several thousands USD from less than 200 USD in one year
wow - beautiful work! This is all with the 1minutedaily system?
ReplyDeleteToday ... these trades... yes...
ReplyDeleteBut as I said earlier, the winning percentage is around 60% so there will be losers:)
what stoploss is usually set on these trades Tomas?
ReplyDeletePS - keep up the good work loving the Journal
:)
Thank you!
ReplyDeleteSL depends on the length of the channel, the systems tells you exactly where to put your SL:)
I believe it's better if we put risk:reward ratio 1:2 for smoother equity curve. Why don't you try out SL = 1/2 TP ? I've already backtested 1 minute daily for a week and it's profitable. :D
ReplyDeleteHi Anonymous,
ReplyDeleteit is a good idea, so you put SL where you should but TP twice the length of the channel? Have you backtested it at least a little bit? I would be afraid that the TP doesnt get hit many times...