Quote:
Originally Posted by daedalus
sounds good to me! If you can prove it historically and you adhere to those rules (which appear to be VERY good rules) go for it!
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Thanks daedalus.
I have demo traded the system for two months with great results (eur/usd) (usd/jpy) was like taking candy from a baby. Even though a monkey could have traded those two the past few months and made money. I have also manually backtested the system with all positive results.
I don't use automated back testing because it will trade the system around news and Asian sessions. Now that I am live I have done real well increasing my account size 3%. That all ended when I got greedy, desperate, and bored. I'm glad my account is small anyway. I didn't want to use a lot of money first going live. So I just consider my graduation to live as my second demo account. When I can be disciplined enough to be profitable with this one.
I will make the ultimate graduation to larger amounts of money.