Hi All I will be keeping my trading log here I have been testing a 1M Scalping system The idea is to make 10% Return on Investment per day.
It is a high risk and high reward system, the starting deposit will be $1000 the lot size 0.5 Lots per trade. No Martingale, no hedging.
The idea behind this system is two fold
It is a high risk and high reward system, the starting deposit will be $1000 the lot size 0.5 Lots per trade. No Martingale, no hedging.
The idea behind this system is two fold
- Get more entries
- Better in ranging markets
1M Chart, uses MACD, CCI Histogram, Moving Average 60 LWMA and 300 LWMA also two custom indicators which just show the higher time-frame 5m and 15M, just so I don’t need to keep switching time-frame.
First Day 3 trades so far I did 0.01 and 0.5 but I should be doing 0.5
Deposit is 1000 USD and Lot size is 0.5 the (0.01 trades I forget to change the lot size on)
The Idea is to scalp the entire London Session
THIS IS ON DEMO ACCOUNT FOR THE NEXT FOUR WEEKS - I will continue to use my previous system on the live which i will not log here. This log is for the new system.