This is a demo Journal of my updated Do It Yourself Trading - An Art of Probability"; egy. Too much system and indiors on the market, I attempted, but failed. So I will do it my way!!
Trading Elements:
Chart: Candlestick (need just 1 candlestick to concentrate)
Timeframe: Daily
Indiors: None
Entrance: 3:00 am to 5:00 am (time I usually get up from bed)
Exit: 5:00 pm to 5:00 am (before bumping from work) or (before bedtime) or (before entrance time the next trading day) (you have to closed all open position before launching a new one)
Stop Loss: None
Free margin level: 400% to 300% (enough to competition drawdown volatility of this day)
The Strategy:
Entry Rule 1. Input position in the direction of the last candle of the daily chart. (simple as that)
2. Repeat rule no. 1 to the remaining pairs until free margin attained to 400%-300%. (the bigger the better)
3. Same lot dimensions
Exit Rule 1. Just follow depart element regardless of result (either or - ). (just like that)
It#8217;s like a daily regimen. Open trades when you awaken and closed at bedtime.
This really is a zero sum game. A game of chance. The egy#8217;s success is dependent upon the no. Of daily winning trades compared to losing one. The odds of getting more W than L would be to get entries in different pairs, appropriate lot sizing will do just fine. I will post no chart, just daily results, as I rely mainly to a candlestick. Goal is 50K from 1K, before bringing this egy to live. (I have a running live account based on this egy but using trading elements). This is much more on balancing and probability market movement. The world is stressful. Why complie things? So wish me luck.