$40 . . . . . thats no easy challenge!
In 4 months I went almost half the way to increase the bill by 1000 times. Try to repeat the result. The system is working fine. When working with such risks, imagine opening a deal with a risk of 300-500% of the deposit, the spread immediately reduced the deposit by 10%. The course went only 10-15 points against the deal and already a drawdown of 50% of the initial deposit. This was my second attempt. From the first, I increased the score 20 times, I could no longer. Although before starting this venture, I tested the system on the strategy tester, everything turned out easily. But with real money it’s more difficult. Monitoring the account of the first attempt.
The whole problem is in psychology. When you work with such risks, the account goes on for seconds to manage to close a losing trade. Indeed, with the risks of a transaction 100-500% of the deposit, a couple of seconds and 20-25 points of movement against the transaction are enough to reset the account. Second Attempt Report
Gross Profit: 423.21 Gross Loss: 151.95 Total Net Profit: 271.26
Profit Factor: 2.79 Expected Payoff: 0.95
Absolute Drawdown: 1.34 Maximal Drawdown: 32.46 (24.79%) Relative Drawdown: 55.11% (10.63)
Total Trades: 285 Short Positions (won %): 137 (73.72%) Long Positions (won %): 148 (66.89%)
Profit Trades (% of total): 200 (70.18%) Loss trades (% of total): 85 (29.82%)
Largest profit trade: 13.00 loss trade: -15.80
Average profit trade: 2.12 loss trade: -1.79
Maximum consecutive wins ($): 18 (63.18) consecutive losses ($): 12 (-10.63)
Maximal consecutive profit (count): 63.18 (18) consecutive loss (count): -31.50 (5)
Average consecutive wins: 5 consecutive losses: 2