Saturday, April 13, 2013

Prospects for the rest of the financial year (end of June 2013)

Spent last night reviewing my performance. I am up around 7% since ineption in August last year. Changing my risk level to 2% should allow me to finish the financial year around 10-12%. Not as fantastic as 40% as I originally aimed for, but still beats money in the bank.
I spent a few hours working on my new trading system Set, named after the Egyptian god of chaos. It's a two bar reversal system on the weekly chart. Since I'm now backtesting on seventeen pairs, system development will take 50% longer. On the upside, my backtests will be more robust and I can trade more pairs live.

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