Hi guys,
I just wanted maybe receive some thoughts on a strategy that I use and still try to approve to get better results.
Attached you can see the results of backtesting from 2015 untill 2018. I used Forex Tester3 and was very honest with myself during testing.
I only work on GBPUSD and EURJPY.
I maximum risk I take at every moment is 3 % of my account, but generally I risk less. I know that the final result would be more interesting risking more, but for now I chose not to leverage more.
I like my system. I do not have to watch the screen all day. My SL is always 40% of my TP, or better said my TP is 2.5 x the risk.
The hard thing is as you can see, I have periods of 6 to 12 months where I go up and down and finally donīt make profits or even go down.
At the end being pacience and applying the system it is profitable, but it is very slow because of the D1 timeframe and I have to admit I might lose pacience after 6 to 12 months in a row without seeing results.
Any thoughts on this? Anybody working D1 timeframe with similar experiences?
I just wanted maybe receive some thoughts on a strategy that I use and still try to approve to get better results.
Attached you can see the results of backtesting from 2015 untill 2018. I used Forex Tester3 and was very honest with myself during testing.
I only work on GBPUSD and EURJPY.
I maximum risk I take at every moment is 3 % of my account, but generally I risk less. I know that the final result would be more interesting risking more, but for now I chose not to leverage more.
I like my system. I do not have to watch the screen all day. My SL is always 40% of my TP, or better said my TP is 2.5 x the risk.
The hard thing is as you can see, I have periods of 6 to 12 months where I go up and down and finally donīt make profits or even go down.
At the end being pacience and applying the system it is profitable, but it is very slow because of the D1 timeframe and I have to admit I might lose pacience after 6 to 12 months in a row without seeing results.
Any thoughts on this? Anybody working D1 timeframe with similar experiences?