No trades closed today.
Today is the pre-planned mid-Feb 2014 checkpoint!
Full three months have passed since I started a forward-test of this method on demo, after previously backtesting it bar by bar on historical charts.
The success criteria are... met :-) I am profitable! (at least on demo ;-)
My accout is 29% up with 6% max drawdown, in 3 months.
Unfortunately last 5 trades net outcome is negative, but this has happened before, so I believe this is normal.
I intend to move to live trading with this method... given this result, according to my plan, in line with what james16 wrote about treating this as a business.
Wish me luck in a move to live and join me in celebrating the 3 months profitable on demo ;-) while consistently following my trading plan. I am happy I did.
I still need to do a full review of the journal, this weekend.
Have a nice weekend.
Today is the pre-planned mid-Feb 2014 checkpoint!
Full three months have passed since I started a forward-test of this method on demo, after previously backtesting it bar by bar on historical charts.
The success criteria are... met :-) I am profitable! (at least on demo ;-)
My accout is 29% up with 6% max drawdown, in 3 months.
Unfortunately last 5 trades net outcome is negative, but this has happened before, so I believe this is normal.
I intend to move to live trading with this method... given this result, according to my plan, in line with what james16 wrote about treating this as a business.
Wish me luck in a move to live and join me in celebrating the 3 months profitable on demo ;-) while consistently following my trading plan. I am happy I did.
I still need to do a full review of the journal, this weekend.
Have a nice weekend.
Michal9