Dragon Chaser (By optionhk)
| Gain : | +0.35% |
| Drawdown | 22.65% |
| Pips: | 2641.4 |
| Trades | 115 |
| Won: |
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| Lost: |
|
| Type: | Demo |
| Leverage: | 1:200 |
| Trading: | Unknown |
Dragon Chaser Discussion
Jul 27, 2018 at 11:36
61 Views
2 Replies
Aug 22, 2018 at 06:47
Drawdown acceptable or not?
How many times the trades took consecutive hits?
Was it appropriate to follow the averaging strategy to pile up profits from time to time?
Or it would have better to wait for the trades to revert?
Why the TP were changed for the trades and profit was taken early?
Profit was taken with the idea to re-enter? why I did not do it after taking profit early? Was it a good strategy?
If I had allowed the trades to run their course of taking profit, I would have been in profit by now?
What was happening in my mind
@When I was adding positions to my adverse trades to average it and bring down?
Was I taking a look at dwindling margin?
Did 1:200 leverage helped me?
What calculation did I do for ascertaining break-even point.
How many times the trades took consecutive hits?
Was it appropriate to follow the averaging strategy to pile up profits from time to time?
Or it would have better to wait for the trades to revert?
Why the TP were changed for the trades and profit was taken early?
Profit was taken with the idea to re-enter? why I did not do it after taking profit early? Was it a good strategy?
If I had allowed the trades to run their course of taking profit, I would have been in profit by now?
What was happening in my mind
@When I was adding positions to my adverse trades to average it and bring down?
Was I taking a look at dwindling margin?
Did 1:200 leverage helped me?
What calculation did I do for ascertaining break-even point.
Seed your clouds to make rain
Aug 22, 2018 at 06:48
Why did not I fixed cycle equity loss point?
I should have divided my equity into 4 cycles by looking at the total capital (less margin blocked) available for trading based on 1:200 leverage and liquidated the trades. GBPJPY is a very volatile pair and it is difficult to manage if it trends strongly against your position and goes into opposite direction consecutively for certain days. This past pattern of consecutive days has to studied.
I should have divided my equity into 4 cycles by looking at the total capital (less margin blocked) available for trading based on 1:200 leverage and liquidated the trades. GBPJPY is a very volatile pair and it is difficult to manage if it trends strongly against your position and goes into opposite direction consecutively for certain days. This past pattern of consecutive days has to studied.
Seed your clouds to make rain
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