http://www.myfxbook.com/members/wasim/alpari-demo/1079172
^^^ I am testing one strategy in demo for the last almost 2 months and it is showing pretty good results. Overall strategy is very simple in which I throw random buys and sells on a particular pair (mainly EUR/USD and GBP/USD) keeping in mind the bigger trend or small trend picture in mind. If the trend is long I will still add shorts but relatively less then longs. There is no SL and there is only TP. TP's are added to the nearest swings in most of the cases. Only risk management I do is to keep the lots sizes small as compared to the overall equity. The inbuilt disadvantage in this strategy is the floating loss which is unavaoidable and the only solutionI try to apply is to get more TP's so that the overall profit is always more then the losses. This is not a Grid or AntiGrid system neither this is a martingale or hedging system or pyramiding system(even though sometimes pyramiding and hedging happens automatically due to random buys and sell). There is no EA and I only add positions after my day job for only 3 to four hours manually.
Apart from this short term trading strategy I am strong supporter of trend following strategy and I am trading real money for last couple of years in Equities with good results.
Awaiting your responses and criticism
^^^ I am testing one strategy in demo for the last almost 2 months and it is showing pretty good results. Overall strategy is very simple in which I throw random buys and sells on a particular pair (mainly EUR/USD and GBP/USD) keeping in mind the bigger trend or small trend picture in mind. If the trend is long I will still add shorts but relatively less then longs. There is no SL and there is only TP. TP's are added to the nearest swings in most of the cases. Only risk management I do is to keep the lots sizes small as compared to the overall equity. The inbuilt disadvantage in this strategy is the floating loss which is unavaoidable and the only solutionI try to apply is to get more TP's so that the overall profit is always more then the losses. This is not a Grid or AntiGrid system neither this is a martingale or hedging system or pyramiding system(even though sometimes pyramiding and hedging happens automatically due to random buys and sell). There is no EA and I only add positions after my day job for only 3 to four hours manually.
Apart from this short term trading strategy I am strong supporter of trend following strategy and I am trading real money for last couple of years in Equities with good results.
Awaiting your responses and criticism