Great idea for a thread. I don't have much more to add. I have 2 simple approaches, and probably unworthy to share, but here is what helped me pass 3 challenges:
1) Objective : free retake. I trade as usual, with normal MM. I only grow the risk gradually when my safe 1% is reached, no matter how long it takes. If it was a good first 3 weeks, and have a good 3% buffer, take even more risk, but with fixed average stop-loss to make sure that, no matter what, I get a free retake.
Patience is the name of the game here, as I cannot know when my strategy will be hit by consecutive losses or consecutive wins.
2) Objective : lucky strike. Trade with greater risk right from the start, but moving stop-losses at +1 ASAP. Adding only on positions in profits. Hoping for a good enough trend to develop into a stronger trend.
Para mi, no matter what, one needs to be lucky to make it. A good trader can make sure to almost always have the opportunity for a free retake.
1) Objective : free retake. I trade as usual, with normal MM. I only grow the risk gradually when my safe 1% is reached, no matter how long it takes. If it was a good first 3 weeks, and have a good 3% buffer, take even more risk, but with fixed average stop-loss to make sure that, no matter what, I get a free retake.
Patience is the name of the game here, as I cannot know when my strategy will be hit by consecutive losses or consecutive wins.
2) Objective : lucky strike. Trade with greater risk right from the start, but moving stop-losses at +1 ASAP. Adding only on positions in profits. Hoping for a good enough trend to develop into a stronger trend.
Para mi, no matter what, one needs to be lucky to make it. A good trader can make sure to almost always have the opportunity for a free retake.
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