A realistic trade plan

I worked out this draft idea for my present intraday trading system.

Amazingly, you will find out that the risk you need to take is really not that much, while the profit you may be able to have is far more worth taking the risk.

This is why forex trading is so attracting.

Cheers.

Hi Samuri

what intraday strategy you use?

Thanks for sharing

tasse

Hi, and thank you for the screenshot
Would it be possible to attach the excel spreadsheet here in the thread ?

You do realize that a sustained 2.7% of equity increase per week in extremely top-notch, dont you?

Thanks for your interest. I suggest you spend some minutes to work it out yourself. It is very simple work, and the most tricky part of the calculation of the weekly return % formula is already shown.

Mate don't assume anything. Test and prove it.

With that in mind here is the Random equity curve generator
http://www.financialpicks.com/simulator.html

Take your test data and put it through this 10 000 to see what could be the worst case scenario.

I suggest this because what would happen if you got 21 losers in a row?? followed by 9 winners that would only be two crappy weeks followed by a great one, your spreadsheet makes the assumption that win/loss ration never varies and that you will always have 10 trades with only 3 winners week in week out. Sounds suspect to me.

Enjoy
Ademac

Roger that sir!