Simplicity is the ultimate sophistication.
I trade using a simple principle of buying when I feel the trade has reached its low and selling when it has reached its high.
Patience is a key to successful trading. I normally hold a single trade for more than a week.
I put my trades once a week which means my signal does not come every day.
I don’t trust the market so I don’t do martingale
I don’t use stop loss or take profit, I do everything manually after an assessment.
I don’t put high lots on a single trade, I prefer small lots on several trade.
Minimum equity $300 in your account.
I made some mistakes in the beginning of using high lots, i am over it
MFE and MAE Distribution Point Graphs
Maximum profit (MFE) and maximum loss (MAE) values are recorded for each open order during its lifetime. These parameters additionally characterize each closed order using the values of the maximum unrealized potential and maximum permitted risk. MFE/Profit and MAE/Profit distribution graphs display each order as a point with received profit/loss value plotted along the X-axis, while maximum displayed values of potential profit (MFE) and potential loss (MAE) are plotted along the Y-axis.
Place your cursor over parameters/graph captions to see the best and worst trading series. Find out more about MAE and MFE distributions in the article Mathematics in Trading: How to Estimate Trade Results.
The average slippage based on execution statistics on real accounts of various brokers is specified in pips. It depends on the difference between the provider's quotes from "XM.COM-AU-Real 16" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
|0.00 × 1|
|0.24 × 21|
|0.27 × 126|
|0.28 × 86|
|0.46 × 2089|
|0.47 × 19|
|0.62 × 1910|
|1.17 × 24|
|2.10 × 21|
|12.00 × 1|