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Balboa's fxbook.

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  • Balboa's fxbook.

    Hi guys,

    I started trading 5 years ago and have been profitable for the last for two years which was when I discovered my edge. Averaging around 30% ROI a year risking no more then 1% trading capital per trade.

    I work part time and trade off the 1hr and upwards timeframe. So I am not a full time trader as I don't have enough funds to be able to make a full time living trading as yet.

    I will post the link to myfxbook below with my trading stats.

    Strike rate isn't very high. It's between 30% and 45% and my Risk:Reward ratio is 1:3.

    I trade around 40 pairs and commodities and having back tested the strategy for the last 8 years the worst performing year(2009) had a return of 23% profit and best performing year had a return of 70% profit(2011).

    maximum Drawdowns rarely exceed 15% although there was a 28% max drawdown in 2009 but that year still finished with a profit in the end.

    My primary focus is around risk management and will not risk more then 1% per trade.

    Losing months will happen but there hasn't been a losing year with this strategy.

    http://www.myfxbook.com/members/Trad...etking/1084155

    Regards

    Balboa
    Last edited by Balboa; 01-23-2015, 10:58 PM.

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    • #3
      Nice work. I am also in the same boat as you with the ideal aspect of trading while only risking a very limited amount per trade setup. I looked at your history and some trades were up to 2% risk per trade. Can you explain what happen? I don't see a stoploss value. What limits your loss based on your 1% rule?

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      • #4
        Originally posted by RedRhinoFX View Post
        Nice work. I am also in the same boat as you with the ideal aspect of trading while only risking a very limited amount per trade setup. I looked at your history and some trades were up to 2% risk per trade. Can you explain what happen? I don't see a stoploss value. What limits your loss based on your 1% rule?

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        • #5
          I understand now. You have about half of your total risk capital at Account A so a 2% loss equates to 1% of your total risk capital.

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          • #6
            http://www.myfxbook.com/members/Trad...etking/1084155

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            • #7
              Hey balboa is this a signal you're offering or are you documenting your progress here on forum only?

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              • #8

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                • #9
                  http://www.myfxbook.com/members/Trad...etking/1084155

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                  • #10
                    http://www.myfxbook.com/members/Trad...etking/1084155

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                    • #11
                      http://www.myfxbook.com/members/Trad...etking/1084155

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                      • #12
                        http://www.myfxbook.com/members/Trad...etking/1084155

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