Hi everyone, I'm on vacation for a month, decided to use some of my free time to develop a new trading strategy. Hoping to use this journal to discipline my trades and test my ideas. I will be trading a demo account with 1:100 leverage and 10,000 USD starting capital with fxpro. Will be trading 1 hr charts with live posts and real-time updates. Will try to keep journal alive until I am too busy to continue. Will use myfxbook to help track my trades when I am lazy to upload charts.
Details of my strategy:
Portfolio instruments - Diversified instruments based on what the dealer offers.
1. WN - Wheat
2. CLN - Light sweet crude oil
3. NGN - Natural Gas
4. NKDU - Nikkei
5. EXM - Euro Stoxx
6. EPM - S&P500 e-mini
7. YMM - Dow mini
8. FFIM - FTSE
9. FSMIM -SMI
10. CN - Corn
11. SN - Soybean
12. Gold
13. EURUSD
14. GBPUSD
15. USDCHF
16. USDJPY
17. AUDUSD
18. USDCAD
19. NZDUSD
20. USDSGD
Entry and exit - Main idea is to cut losses and let profits run. Trading using a clean chart, based on identification of momentum using naked eye to enter and exit trades.
Money management - Aggressive, with 1 - 5% loss of account per trade,
Will start posting as soon as I enter trades.
Cheers
myfxbook: https://www.myfxbook.com/portfolio/edge/122874
Details of my strategy:
Portfolio instruments - Diversified instruments based on what the dealer offers.
1. WN - Wheat
2. CLN - Light sweet crude oil
3. NGN - Natural Gas
4. NKDU - Nikkei
5. EXM - Euro Stoxx
6. EPM - S&P500 e-mini
7. YMM - Dow mini
8. FFIM - FTSE
9. FSMIM -SMI
10. CN - Corn
11. SN - Soybean
12. Gold
13. EURUSD
14. GBPUSD
15. USDCHF
16. USDJPY
17. AUDUSD
18. USDCAD
19. NZDUSD
20. USDSGD
Entry and exit - Main idea is to cut losses and let profits run. Trading using a clean chart, based on identification of momentum using naked eye to enter and exit trades.
Money management - Aggressive, with 1 - 5% loss of account per trade,
Will start posting as soon as I enter trades.
Cheers
myfxbook: https://www.myfxbook.com/portfolio/edge/122874