I find no way to edit my post so,
Errata. I meant "bared down" and not "beared down"
Errata. I meant "bared down" and not "beared down"
I have beared down my system quite a bit but I still use 2 charts. I will share one of these days. I am learning to really use the Rainbow MMMA indicator.
I have dabbled with a lot of brokers. I find OctaFX and FXPig among the best. I will choose one to make my first deposit I feel vulnerable, I am not going to deny it. I don't really know if I am ready for trading a live account.
Recovery complete, I guess. For about a month I was living on the Red Side. Two weeks ago I went breakeven and now I am back in profit. I thank life for demo accounts.
Recovering my past winrate. I am doing better, but I am nervous about it. So, they say you have to test your strategy for at least a month to see if it keeps being profitable, but my question is, if indicators are based on simple math, how can they lose an edge over time? I know market conditions change constantly, but I do not see why a strategy could start losing.
A lot of things have happened in one month, I am not profitable yet. I am sort of breakeven at the moment, but I have had the opportunity to experience moe of those little things related to trading that I ahd read or heard about before I started; things like swap fees, huge spreads, attacks from scammers, etc. I have managed to reduce my losses big time, but I still have to win. Also getting started with a little coding, both in Python and MQL5.
A little bit better today. Over the weekend I experienced things like slippage, high commissions and other horrors. I cannot properly connect my account to this site. I have done it but it is not showing any activity over here, while I lost more than a thousand dollars and even recovered a little. None of that shows up in my portfolio.
I ritualize my trading, I study my indicators well in-depth, I watch my emotions, I register carefully every transaction and I always try to win more than I lose, so.... eventually all of this has to bear fruit.
I am using Double Bollinger Bands, Parabolic SAR, 14 EMA, Stochastic, Awesome Oscillator,
RSI50, RSI5, 20MA and MACD Impulse in one chart and three EMAs (8/10, 13/21, 21/50) in another.
RSI50, RSI5, 20MA and MACD Impulse in one chart and three EMAs (8/10, 13/21, 21/50) in another.
So, I failed my FTMO trial... I study. I do not give up.