sensiblefolk trader's profile

A flare for financial Markets, Computer Scientist, Web developer, Blockchain Enthusiasts.

This system focuses on long-term major move, using a combination of price action technique, Elliot-wave theory, demand and supply imbalance.

The trade system only holds on to winning trades and trade are allow to run is full course to the defined stop loss. The lot size is a function of the stop loss and equity at risk, to protect against volatility, they are not included with the order, but bad trade are eliminated, once price close above or below trade validity price level the stop are automatically added to limit draw down to a previously determined risk level.

minimum expected risk: reward 1:2
maximum risk per trade: 5%
maximum portfolio risk on total position: 10%
Worst equity drawdown to expect: 10% ( is never more than this and often time never gets to this level)