I am trying to perfect a strategy I came up with. All things being equal hopefully I should complete the process by the end of july. The attached picture shows some of my results. Lot size is .02 but I hope to be trading one lot per trade when I acquire the funds to go live.
Therefore to work out how much I would have actually been making if I had been trading a standard lot all along you would multiply .02 by 50 (to get 1) and also multiply the figure on the far right by 50. What do you guys think?latest trading results.bmp (3.0 MB)
According to those results it doesn’t appear that you have even lost 1 trade, is that right? If so, well done. I’m sure there are a few people here who would love to hear your strategy. How long have you been trading?
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You can apply reverse engineering tactics to the market and literally make any strategy appear to be profitable. Your post instead should be- I did this backtesting strategy and then ran it in a live account with real money on the line and these were my 3 month returns.
You are asking me to lie, lol. This is not any backtesting business. I am telling you I am simply doing some trades now, for the last month, using a system I have worked out for myself and as the dates show those are my results. Simple, lol. When I checked out of 44 only 3 were losses.
This entire conversation exists in the realm of theoreticals.
The trades you’ve done, for the last month, using a system you’ve worked out for yourself, and the results you’ve shown are all theoretical.
Trade the strategy for 3 months, in a live account with real money and then the real conversation can begin. 
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Ok boss, up until now you havent addressed the question of whether or not you think I have a shot at success but thanks for the words of encouragement. Much appreciated. 
Instead of giving you a fish, I’m attempting to teach you to fish.
Instead of saying what you want to hear- I’m telling you what you need to hear.
You’re looking for validation on the internet for something supremely subjective and contextual and you’re not even trying to back it up with real trades and real money.
If you came to the thread with “I have this strategy, I’ve traded a live account for 3 months- these are my results and observations. I’m looking for advice on how to optimize my strategy”. Instead of simply “will this work based on demo testing”- you’ll get much further than the average trader.
It’s not as simple as you’re making it out to be. You should see this by the level of effort I’m putting into these responses. I don’t need to spend this amount of time (a daily finite resource), but I’m trying to help you before you lose your shirt.
Last Last Results.bmp (1.8 MB) My apologies MattMoney, I forgot to say thank you.
Forexunlimited I totally understood the point you were making from the get go. Contrary to what you may think however I am not seeking validation from anyone. Like I said I am testing a strategy I came up with and was just seeking to canvass the views of my fellow babypipites based on the evidence before their eyes if they believe I had a shot at making a success of this trading business or not. Coming here to show my figures after going live might come across as bragging so I wont be doing that.
My live account is actually ready but am just topping up the balance and fine tuning what I am doing before starting trading. Just to let you know though that believe it or not what I am doing cannot be backtested. As to reverse engineering I wouldnt know how to start that process nor do I have the time.
In the meantime have a look at the last few days up til today of my system, lol. Like I said… I am simply testing.
Demo trading is always the best thing to do before you go for live trading. You can try more strategies and work on them. Wish you luck with your trades!