Iconoclast1978
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Hi guys,
Some of you may know I had initial success followed by a BAD run. I had to go back to the drawing board so I devised a method of reduction of loss. NOT a method of increasing winning. I figured, systematic small wins with controlled risk is better than a roller coaster of highs and lows. I am averaging almost precisely 1% per day.
Here are the results- The usd/cad and usd/jpy outliers were both swings that were 5% in the green and I didn't close them and over night they went red and bent me over and gave me a right good servicing. If not for those 2 trades my average would be 1.5%
Most of these are day trades. Most are opened after the GMT morning rush and closed before the U.S rush and then opened roughly 3.30pm onwards. I avoid MAJOR volatility.
Edit - Sorry had to fill out some date in my sheets that requires manual input and I'd missed it so slightly alteration to the results.
Some of you may know I had initial success followed by a BAD run. I had to go back to the drawing board so I devised a method of reduction of loss. NOT a method of increasing winning. I figured, systematic small wins with controlled risk is better than a roller coaster of highs and lows. I am averaging almost precisely 1% per day.
Here are the results- The usd/cad and usd/jpy outliers were both swings that were 5% in the green and I didn't close them and over night they went red and bent me over and gave me a right good servicing. If not for those 2 trades my average would be 1.5%
Most of these are day trades. Most are opened after the GMT morning rush and closed before the U.S rush and then opened roughly 3.30pm onwards. I avoid MAJOR volatility.
Edit - Sorry had to fill out some date in my sheets that requires manual input and I'd missed it so slightly alteration to the results.
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