Hello,
After months of searching, I've finally found a system that I was comfortable with and that made sense to me. And that would be forexmoment's PipNailer system.
I've decided to run the system on two different charts. On my days off work, I'll run it on the 1hr charts, and on days working I'll be running it on 4hr charts. I'll be monitoring 13 pairs.
My money management will initially start off as 2% of my entire bankroll, however after 50 trades, provided that I'm still profitable, I will be implementing Kelly Criterion into my money management.
I'll continue to post until I'm a millionaire.
Or if after 50 trades, the system doesn't deem itself profitable.
I'll continue to edit this first post with the most recent data.
Wins - 11
Losses - 8
Win Rate - 57.89%
Pips Won - 230
Pips Lost - 211
Bankroll - $3778.81
Kelly Fraction - 19%
Lot Size - 0.1 (projected after first 50 trades 0.7)
After months of searching, I've finally found a system that I was comfortable with and that made sense to me. And that would be forexmoment's PipNailer system.
I've decided to run the system on two different charts. On my days off work, I'll run it on the 1hr charts, and on days working I'll be running it on 4hr charts. I'll be monitoring 13 pairs.
My money management will initially start off as 2% of my entire bankroll, however after 50 trades, provided that I'm still profitable, I will be implementing Kelly Criterion into my money management.
I'll continue to post until I'm a millionaire.
Or if after 50 trades, the system doesn't deem itself profitable.
I'll continue to edit this first post with the most recent data.
Wins - 11
Losses - 8
Win Rate - 57.89%
Pips Won - 230
Pips Lost - 211
Bankroll - $3778.81
Kelly Fraction - 19%
Lot Size - 0.1 (projected after first 50 trades 0.7)