I do not contribute much but today I write a few thoughts. I will present my experience and my approach which generates regular profits every year. If there will be constructive questions so I will answer.
- I have been trading consistently and profitably for over 10 years but It took me a quite long time to understand how to trade
- I trade solely into the trend and I am looking for trends on daily candles / market structures/
- if there is a trend on daily candles, I start looking at lower time frames / 4H, 1H, 30M / trades in line with daily
- I trade manually and after entry the position is managed by my own EA
- I trade max 1/30 leverage, max 1% risk per trade, max 5% capital allocation, and my longtime max DD is to 8%
- I trade 30 pairs with quite huge accounts and therefore my DD is low and my equity curve is stable and balanced
- I do every months 2-6% profit and do not have loosing months
- Here are my results from 2/2020 till today / on January I was on hollyday so I did not trade/
Longs Won: (7/8) 87%
Shorts Won: (12/15) 80%
Profit Factor: 7.31
Avg. Trade Length: 15h 13m
Feb 2020 +6,65%
Mar 2020 +1,75% sofar
my MyFxbook account is private ..... I watch fundamentals too ... Brexit and Virus are moving with markets ....