Thursday, October 29, 2009

Automated system is doing well

I have been working on my system for quite some time and this week it did over 6% by Wednesday and I closed it down. My goal is 5% per week so I have hit my target. I have a few fine tune bits to add and I think this will be my positive financial future.

I am still adjusting it but it seems to have a draw down of less than 5%. This value may prove to be inaccurate as I proceed....hopefully smaller. Although I may conversely increase the lot size so that I don't go more than 5% more or less.

My suggestion is to work on risk management first and profit second.

So, when you see those EA's for sale I can say it really does take a lot of work to get them lined up and working.

Best wishes and good trading