#8217;s Trade Journal
I am starting this diary for me. If others read it and can take anything useful from it, which is ok with me. I am aware that the fantastic majority of posters here at the factory strongly disagree with my market perspectives. I am not starting this diary to argue with you! Should you disagree, then please just leave me to my own demise.
I will react to reasonable questions. Please keep in mind that although my system is rather easy to employ, the justifiion and mathematics behind it are not. Entirely describing my system along with the math that it took to invent it is hardly something that I have the time or patience to do. If you're very mathematically inclined, or possess master#8217;therefore degree or higher formal instruction, then I welcome your thoughtful questions. I am a really humble person and am not trying to be arrogant in any way-- but I just do not have the time teach a course within predictive figures.
This program will eventually fail. I think I've devised a manner that gives me a fighting CHANCE to be alive after 10,000 trades. If I attain that amount I will have made a sizable enough lump sum of money to live my life from the manner of my choosing.
So here goes:
1) Market Entry -- Random, but not suicidal. I am not attempting to predict where the market is going, but I am also not dumb enough to step in front of a freight train. If a huge move is underway, I will wait until things settle down until I create a new entry.
Two ) Currency-- Eur/Usd (low spread price )
3) Market Exit -- 22 pip stop loss (from entrance ), 25 pips require profit (from entrance )
4) Daily Goal-- 2 winning trades per day
5) Beginning Pip dimensions -- .10 pip per 12,000 of equity
6 months ) Largest pip size -- 204.8
7) Maximum commerce sequence -- 12 transactions (12 losses in a row will end this experiment and result in a total drawdown of $9,213.)