Hello
I wanted to share my trades with everyone. Lets see how profitable I can be. I believe I have a system that works.
My goals:
- increase account by at least 50% per year
What this is…
A 6 point system. Trades are only made when the setup receives between 3 and 6 points.
- 3 point setups risk 1%
- 4 point setups risk 2%
- 5 and 6 point setups risk 3%
- The minimum RR is 1:2
Trades are made off of Daily, 8hr, and sometimes 4hr signals.
There are usually between 1-3 trades taken per week
What this is not…
- This is not an automated system
The main purpose of this is for me to track my own progress and to have proof if I ever want someone to know my trading history. If you see me doing well and want to jump on board, feel free.
I having only been trading a live account for approximately 6 weeks. The first week I lost over 5%. But there was a lot of learning in those first few weeks and have my total account back to +2%. I believe I have discovered a simple strategy. All of these previous trades risked 1%. I have now developed a point system and will risk a little more on trades I deem worthy (the 4,5 and 6 point setups).