Strateg - 80% Growth in 7 months. Risk per trade never exceeds rthe target

Hey Everyone,

I’m a trader based in Sydney, Australia. If you look at my account history you’ll see some pretty horrible results from 2011-2013 while I was testing out some different systems and EAs.

I personally couldn’t find a good EA and kept focusing on my manual trading based on a mixture of technical and fundamental analysis. I started trading the Four Star Forex system mid way through 2014 and am currently (Jan 2015) showing balance and equity growth of about 80%.

For further analysis you can take a look at my  myfxbook.com profile

The strategy I have developed focuses heavily on minimizing the amount of risk on the entire account. I ALWAYS set stop losses and the risk per  trade NEVER exceeds the target. I don’t really have too much faith in strategies that advertise their account balance but keep quiet about equity. I think that equity is a much more accurate measure of the true value of the strategy. A bad equity number is a storm brewing. Again I direct you to myfxbook to look at our equity.

I also don’t like to risk too much per trade. Around 1-3% of the entire account balance. Sure, there’s plenty of room to increase the trade size pretty significantly, but I like to allow for the chance of a string of losses in a row to occur without it impacting the total account balance too heavily. So I keep them small.

If you look at my signal, and then click on the 2014 results, you’ll see a nice consistent balance increase.