This months profit does not look too spectacular at the moment
-33% down on last month!
However, so far the system has not failed, once again the
crash is solely due to pilot error
Where price has gone against me hundreds of pips more
than expected, these were opportunities to add on
for a very nice ultimate profit.
Instead, for the very first time, I received the crimson border
of death, I had never seen it before, it signifies your
equity is now below margin requirement
So the system is somewhat hamstrung, and there is no point
blaming the broker for my horrific miscalculation of
I don’t know what will happen now, nor how much worse
it can get
but the whole system depends on it really not mattering
how far price goes, just keep adding on.
When I first went live October 1, I immediately self
sabotaged by opening positions 10x too high
It seemed like a careless mistake, but it wasn’t
I was lucky enough to survive and come out with a 9%
profit on the month
Unbelievably, I have done exactly the same thing again!
If my position sizes were correct I would still be down around
3%, but my account would not be in any danger.
I have no comments on the system at this point, but of more
interest, is …
What will my end of month summaries read like over the next
‘Oops, I messed up again, just had a margin call, same as last
month, and the month before’
and even if everything suddenly turns in my favour and I make +20%
next month, it isn’t worth it, its just too stressful
The stress this month has been far more prolonged, so hopefully
I will take steps to make sure I don’t have to keep going through
So far it seems I’m a very slow learner