This trading system aims to get 400 pips per month on average. The trading in this system is based on the “Cut your losses short, let your profits run” philosophy so rather than going for a high percentage of small profitable trades we are going to go for a high risk/reword ratio. Stop Loss is 20 pips + spread and slippage. The minimum Take Profit for our trades is 40 pips +/- spread and slippage. There are going to be long streaks of losing trades but we won’t have more than one trade opened with floating losses at a time. The maximum opened trades at a time is 5. This is a journal, the strategy behind this journal is not going to be described in full but anybody that is paying attention can figure it out. I will present the results of the strategy each week in retrospective. A live account is used with a volume corresponding to 10 cents/pip.
First video with the progress for 12/02/2019 to 31/03/2019:
Video for the week 31/03/2019 to 06/04/2019:
Video for the week 07/04/2019 to 13/04/2019: