Sunday, January 21, 2024

Catch Up Log V

I didn't keep a trading log for the past 3 years. 

I experimented with numerous trading strategies and utilised numerous trading bots during the course of that time. Some were very successful others not so. I quickly eradicated the unsuccessful bots. 

During the course of these experimentations my money balance has rapidly increased, decreased and increased. In essence, I currently employ 12 bots over 3 accounts.

However, the reason for resurrecting this log has nothing to do with bots. Instead, I'm going to regress and go back to manual trading using a particular trading strategy. 

I, therefore, need to keep a log to aid in the rules I've been following.

I'm not the slightest bit interested in predicting market direction only in applying my particular manual trading strategy. If the market turns against me and I stuck to my trading strategy rules I will count that as a successful trade.

I set myself a target to make 400 pips a month. My trading plan is geared towards attaining that target.

What follows from here on will be based on a unique particular manual trading strategy, on how that plan works out, and keeping a trading log  based on that strategy.

I might code this into a bot long term; if it proves successful. 

 

I'm moving over to https://fxlog.mooo.com. I might make the occasional weekend post here. Not as detailed.