DislikedI closed it out manually at the 4 hour 50 ema so thats why its not an even percentage...and yes I did because although the set ups are similar it may work for one and not the other and if traded correctly I'm confident in the strategy enough that the winning percentage is high enough for me to do such things without changing the risk now I would change the risk level if I was long on the 15 minute and than got another signal on the 5 minute as than I would enter on the 5 minute with 1% risk....Ignored
Don't know how much you really made over the last 4 month or so - but it must be quite a high % of your initial deposit.
I used at one time a MM system which did at certain states increas the Risk quite a bit to - but there were always planned periods where the Risk was reduced... It worked quite well and was kind of self adjusting (actually I used it when I did automatized trading)
An other MM which might be of interest to you would be from an Australian Trader:
for the basic idea see:Variable Fractional Percent (VFP) see some hints there: http://www.futurestech.com.au/Though...%20Calculation
Not sure, but it might work quite well with your approach as you have at least each day some trades so it would do it's auto-adjustment.
(you would probably need to use an excel sheet to keep track)
For some systems I quite like that - as one can make small adjustments to the basic idea..and get out a lot of it. (worked also quite well in automatized trading.
BTW: how would today trades have handled a 50%SL?
I'm out: wish you a good weekend.
MJ
__Thanks__ MJ