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Posts by
Shinshiro
DemonicFX
in
Trading Systems
Feb 15, 2015 at 10:56
OBJECTIVE:To demonstrate micro account trading can produce relatively decent profits.However, with greater ROI comes greater risk-taking, hence drawdowns may be substantial.In order for the strategy to be successful, careful trade selection is imperative - HIGH PROBABILITY TRADES ONLY!CURRENT SHORTCOMINGS:- Overtrading- Poor trade selection- Second-guessing price action resulting in poor trade management- Overleveraging to the point where the system's risk threshold is exceeded.- Lack of discipline- Not allowing trades to play out completely
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