Hi, all welcome to my trading journal.
For the last couple of months, I have been working on developing a strategy that I can use to take on the prop firm challenges. More specially this system is made to trade for CTI and 5%ers. The backtesting results have been fantastic so now for the next 3 months I will be doing some forward testing to see if I can follow the rules of the strategy in real-time.
If all goes well the end of 3 months will test it in a live environment for another 3 months before the paid prop firm challenges.
This journal is mainly to record my trades for the next 3 months to see how things pan out.
I already have a profitable strategy that I am running on the different funded programs and have a separate journal for that. If you want you can check it out here
The markets I plan to test out with this new strategy mainly are as follows:
FX: AUDUSD, GBPUSD, GBPJPY
Metals: Gold
Indices: DAX. US30 and Nasdaq
Cryptos: Bitcoin and Etherium
The active timeframe for trading is from Frankfurt open to London close. Crypto traders will be taken when setup appears.
Of course, if some setup appears on different pairs will take it. The idea is to take as many trades as possible, on as many markets as possible, to see if the forward testing result matches that of the backtest.
Will be starting recording trades from today which is the 1st of March 2021.
For the last couple of months, I have been working on developing a strategy that I can use to take on the prop firm challenges. More specially this system is made to trade for CTI and 5%ers. The backtesting results have been fantastic so now for the next 3 months I will be doing some forward testing to see if I can follow the rules of the strategy in real-time.
If all goes well the end of 3 months will test it in a live environment for another 3 months before the paid prop firm challenges.
This journal is mainly to record my trades for the next 3 months to see how things pan out.
I already have a profitable strategy that I am running on the different funded programs and have a separate journal for that. If you want you can check it out here
The markets I plan to test out with this new strategy mainly are as follows:
FX: AUDUSD, GBPUSD, GBPJPY
Metals: Gold
Indices: DAX. US30 and Nasdaq
Cryptos: Bitcoin and Etherium
The active timeframe for trading is from Frankfurt open to London close. Crypto traders will be taken when setup appears.
Of course, if some setup appears on different pairs will take it. The idea is to take as many trades as possible, on as many markets as possible, to see if the forward testing result matches that of the backtest.
Will be starting recording trades from today which is the 1st of March 2021.