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Scott Testing (By scott087)

Gain : +11.46%
Drawdown 1.66%
Pips: 241.4
Trades 20
Won:
Lost:
Type: Real
Leverage: 1:40
Trading: Manual

Scott Testing Discussion

scott087 (scott087)
Dec 14 2010 at 06:38
3 posts
I will be gradually increasing risk, I have still not yet reached my full risk profile per trade. Once I reach my full risk level the gains will be more accurate.

Also, prior to 8/5/10 I was testing different techniques. After this date I reverted back to my standard system, which is why I set the start date to 8/5/10.


forexavatar
Dec 14 2010 at 22:33
36 posts
looks good so far scott087,

don't risk more then 3%-4% per tarde,

looks very conservative trading style,

good luck

regards


scott087 (scott087)
Dec 14 2010 at 22:52
3 posts
Thank you, I will increase my risk slowly to 3% due to the high win rate of my system. When strictly trading my rules I don't seem to encounter many losses in a row so I think it will be safe to even go a little higher than 3% per trade.

After a few pips in profit I set my SL to breakeven. I expect a good amount of breakeven trades, some wins, and few losses.

I will be posting updates here and using this as a journal to myself.

My statistics are not completely accurate because I partially close trades and sometimes my breakeven trades are counted as a loss or win because of a fraction of a pip or so.

loke12k
Jan 15 2011 at 05:18
12 posts
nicely traded so far....good job. keep it up !

No overnight billionaire dreams here.... capital protection and decent returns
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