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

Sep 11, 2010 at 19:46
811 Views
3 Replies
Member Since Sep 11, 2010   3 posts
Dec 14, 2010 at 06:38
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.

Member Since Dec 08, 2010   36 posts
Dec 14, 2010 at 22:33
looks good so far scott087,

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

looks very conservative trading style,

good luck

regards

Member Since Sep 11, 2010   3 posts
Dec 14, 2010 at 22:52
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.
Member Since Nov 10, 2010   12 posts
Jan 15, 2011 at 05:18
nicely traded so far....good job. keep it up !
No overnight billionaire dreams here.... capital protection and decent returns
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