Step One: Follow PSARdom method
Step Two: Nothing!
Step Three: Profit!
Over 200 pips / 5% up so far this week using 11 pairs and 12 currencies. I double-downed on my top performers that were still showing strong trends. I did a no-no by entering after the trend had already started, but I didn't want to wait for weeks on end for an entry and miss any profits along the way.
Also, each entry only risks 1% of my NAV per stop loss, but with the number of entries I made, my true leverage is 30 to 1 (3.4% margin). This is of course extremely dangerous, but since I have a large mix of currencies I think my basket is uncorrelated enough to keep them all from dropping.
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