I've been trading five low volatility pairs and have made only $8 this week on a$5000 demo, with a .1 starting lot size for each pair, and limiting max trades to two. I guess I need to add more pairs. I'm trying to get this to where I can trade it live and make 15-20% profit monthly, without large dd and without long-lasting recovery trades. I've got a long way to go to get there.
I've decided I don't like Recovery or any type of martingale system. I don't like hedging either. I'd like to set a SL with TOB, but in backtests this greatly reduces profit. But I don't like the idea of trades being in recovery for months either. For me, it's a dilemma. If I could find an optimal SL setting, I might use that, but nothing I've tried works well.
I've decided I don't like Recovery or any type of martingale system. I don't like hedging either. I'd like to set a SL with TOB, but in backtests this greatly reduces profit. But I don't like the idea of trades being in recovery for months either. For me, it's a dilemma. If I could find an optimal SL setting, I might use that, but nothing I've tried works well.