The Prop Trader Challenge

Mr Woozel, yes BE means BE, there are no commissions and spreads have been covered; spreads are typically 2 pips, sometimes a little less

Jungle's, after spreads and commissions are included, are you BE trades still BE? What are your spreads and commisions?
 
5 renko trades this week, each failed.........disheartening

there's no tweaking left for this strategy, at 20% DD it will be put to bed
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4 weeks in and 5M is at BE, somewhat circular

applying a strategy consistently isnt so tough, finding one that has a consistent edge when following the rules is the difficulty i find!!

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Renko did not perform well this week.

The one redeeming feature is that I have 9 weeks live forward testing this strategy prior to starting this journal, at a gain of 39%.

This gives me some enthusiasm to see what the strategy can do in the coming weeks and months.

Nevertheless, a 20% DD on the account is the point at which the strategy will be shelved.
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i think in order to have better results and less com+spread ,use larger TFs like M30 or higher.
and some personal experience,renko charts can not give you anything new.
(y) wish u luck
 
you might be right, i'm testing it to see for myself :)

i think in order to have better results and less com+spread ,use larger TFs like M30 or higher.
and some personal experience,renko charts can not give you anything new.
(y) wish u luck
 
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