My journal - Greg Pawlak.

[Profesor Pips]

This month begins from loss.

The portfolio of strategies executed 105 transactions, so I would like to show, why trading by portfolio strategies is very good solution. One of my strategy is in drawdown from 02.01.2022, I made a simulation, what happens if you choose one strategy and this strategy will be in drawdown begins from live trading.


Simulation setups

Backtest period: 2005.01.01 - 2022.05.06
Initial capital: 4500 USD
Lot size: 0.09
Max DD: 522.63

Red vertical line on picture show date when original strategy start live trading. As you can see, you can be in drawdown by several months instead of profit, if you are to use one strategy.

 

[Profesor Pips]

The portfolio is still in drawdown.

 

[Profesor Pips]

I know, but thanks for support

 

[Profesor Pips]

This month probably end in loss, but it is a week to recover, time will show what happen.

 

[Profesor Pips]

The drawdown is continuing.

 

[Profesor Pips]

Strategies are in DD range, so there is no reason to replace any strategy

 

[Profesor Pips]

The portfolio recover little profit.

 

[Profesor Pips]

New high on equity curve

 

[Profesor Pips]

Thanks I will

 

[Profesor Pips]

Last news made new DD on equity curve.

 

[Profesor Pips]

This week, my portfolio return to drawdown results from 23-th week. This situation clearly show us, how important money management and keep emotions is. What would happen if I doubled my MM in all strategies, as I would like to recover quickly from the last trading week? I would lose what I earned in the last six months.

Don't let emotions (whatever they are) influence the decisions you make.

 

[Profesor Pips]

Thank you

 

[Profesor Pips]

This week recovered some loss

 

[Profesor Pips]

This portfolio has been connected to FX Blue

 

[Profesor Pips]

The portfolio made 5 transactions last week. Final results are below.

 

[Profesor Pips]

This week end in loss

 

[Profesor Pips]

The portfolio is still in drawdown, one strategy slowly approach to max drawdown, next week will show what happens.

 

[Profesor Pips]

If you don't use SL, your potential loss is unlimited, and it is difficult to manage funds. Check this link in MyFxBook, Fx Blue have some limitations.

 

[Canoodle]

Thank you for sharing your journal here! Your regularity and consistency will prove inspirational for many traders indeed.

 

[Profesor Pips]

yes @Kernow Forex is pretty stable