Eyes Wide Open, Are they ? Trading Journal
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
What a great conjunction of things that sometimes happen in life. A new year begins bringing with it a new trading technique and philosophy that I think should push me to another level in trading.
Still nothing that deserves a lot of talk until this proves to be consistently profitable so let’s stop the talk and begin the walk.
Trading Style:
Swing trading with trades lasting from 1 to 15 days
System parameters :
Pair traded : EURUSD
Main time frame : 4 hours, detail time frame : 1 hour
Proprietary trend following system triggered by momentum and own techniques for change of character detection.
Risk Parameters :
Initial : 20% of capital at risk on every trade over 30 pips.
Initial risk will be lowered when some capital targets are reached.
Reward observed in back testing : Variable from 1 to 10 times the risk.
Win Ratio observed in back testing : around 80%
System Version : MS-10.7 (update of Jan 03, 2024)
■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■
What a great conjunction of things that sometimes happen in life. A new year begins bringing with it a new trading technique and philosophy that I think should push me to another level in trading.
Still nothing that deserves a lot of talk until this proves to be consistently profitable so let’s stop the talk and begin the walk.
Trading Style:
Swing trading with trades lasting from 1 to 15 days
System parameters :
Pair traded : EURUSD
Main time frame : 4 hours, detail time frame : 1 hour
Proprietary trend following system triggered by momentum and own techniques for change of character detection.
Risk Parameters :
Initial : 20% of capital at risk on every trade over 30 pips.
Initial risk will be lowered when some capital targets are reached.
Reward observed in back testing : Variable from 1 to 10 times the risk.
Win Ratio observed in back testing : around 80%
System Version : MS-10.7 (update of Jan 03, 2024)
Simplicity is the Ultimate Sophistication.