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Simple addition help 0 replies
Need help with an addition to my code 1 reply
Addition wanted to this management EA 3 replies
Let's go catch a Whale 12 replies
After analyzing your current strategy you improved your average returns to 9,5% ... still 5,5% to go.
After analyzing current market conditions you noticed the telecom sector is undervalued due to a recent economical event. One mayor blue chip is cheap so you buy it big since market analysis indicate people still keep using their phone and the company is healthy. You exploited the current market condition and although returns aren't realized in a few days future average returns will befit from this.
Still you want some more action trading short time frames since your life revolves around this market. You start building your tradeplan aligned with your new system and after a couple of months backtesting you'll try it on one product (CL for example) which you're going to master inside out. You start to know the behavior of CL and what drives oil market.
You start with 5% of your capital (50K) and with your aggressive trading style you make 20K or 40% return.
The first year now looks:
1M start capital
95% -> proven strategy (950K * 1.095 (9,5%)-> 1040250
5% -> oil strategy 50K * 1.4 (40%) -> 70000
the above will result in 1110250 or roughly 11%
The second year:
90% -> proven strategy with some nice returns from your telecom blue chip (999K * 1.12% -> 1118880
10% -> oil strategy 111K * 1.25 (25%) -> 138781
the above will result in roughly 1,13%
The above could be an approach to solve your situation but it's based on assumptions on the stuff i am reading and some chats.