-
-
-
-
Hey balboa is this a signal you're offering or are you documenting your progress here on forum only?Leave a comment:
-
-
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.Leave a comment:
-
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?Leave a comment:
-
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.
Regards
BalboaLast edited by Balboa; 01-23-2015, 10:58 PM.
Leave a comment: