Price Action analysis, live trading and Risk Management from an independent Forex trader.
Wednesday, 8 March 2017
3 months performance summary for day trading
One of my goals for this year is to take up discretionary day trading as part of my personal trading development program. I am trading a strategy created by my trading group. It showed good potential during its development. Being a discretionary strategy, it cannot be back tested at all so trading it live is the only way to find out if it works long term or not. I don't do back testing by eyes because of hindsight. I'm trading with small position size for now, about £10 per trade. I started in January this year and now have 3 months of trading statistics.
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