What a good trading Tips strategy for small capital?

[Lapidus]

I started from small capital an I'm still trading. Here is what worked for me.

#1) back test over 10 years - preferably 20 years (include broker fees in back testing)

#2) have 4 times the capital of the greatest cumulative loss

#3) keep working on you strategy until you have a 5.0 profit factor

#4) make sure you are happy taking ALL losses and only 1/4-1/2 of the profit trades

#5) trade your program

May I ask what does it mean "trade your program'?

 

[LauraRomans]

May I ask what does it mean "trade your program'?

"Trade you program" mean to decide how you are going to trade and stick to it.

Any "Program" consists of a set of rules for entry and exit. A program places an entry, an exit, and a stop for every market entry.