This is my first public journal in life. I hope that everyone can understand me, sorry for my english but this is not my native language.
Ok, let's go to a detail of my strategy.
Quartely Goals:
- Secondary I: Earn at the expense of the platform and data (Sierra Chart and Rithmic) = Reward - buy 1 coin to my collection,
- Secondary II: Profit - 1000$ = Reward - New book,
- Primary: Profit - 3000$ = Reward - Ticket for concert or theatre.
Risk Management
:
- Never finish day with loss more, that average for profit days = If i cross = End trading in this day,
- Every week = 3 days profit, 1 day BE, 1 day loss,
- Two days in a row with loss = stop trading to end a week, reduction max. drawdown 30%, analysis,
- Capital: 2138,04$
- Max drawdown: 20% - 1710,43$
- Max loss in position: 2% - 42,76$
- Max loss in week: 10% - 213,80$
- SierraChart + data Rithmic: 52,74$ month
- Secondary I: 2190,78$
- Secondary II: 3190,78$
- Mainly: 6190,78$
- Cash out: 10 000$ - 10% payout.
- Strategy: Footprint + Delta = Breakout
Leverage:
I'm only trade in MES and MGC( but to looking footprint ES and GC of course).
I back to earlier stake, when I'm loss 10%.
MES:
1 lot - start
2 lots- 1 800$, but I am waiting for Secondary I Goal.
3 lots - 2 400$
5 lots - 3 600$
7 lots - 4 800$
10 lots - 6 600$
13 lots - 8 400$
16 lots - 10 200$
20 lots - 12 600$
25 lots - 15 800$
= I go to ES ( 2 lots)
MGC:
1 lot - start
2 lots- 1 350$, but I am waiting for Secondary I Goal.
3 lots - 2 100$
5 lots - 2 700$
7 lots - 3 600$
10 lots - 4 950$
13 lots - 6 300$
16 lots - 7 650$
20 lots - 9 450$
25 lots - 12 700$
= I go to GC ( 2 lots)
In the next post, I tell you about my strategy and maybe transaction.