Implementing of a simple trading strategy with real money, documentation and fixed ratio money management
Hello everyone,
Today I start my first public trading journal. I hope everything is going the way I think.
For about 3 years I trade Future. With fixed rules and only automated.
I would like to document a trading system in this journal which I first trade in my CfD account for over 18 months and now in the Future account for 3 months. I think it is a successful system.
A maximum of one trade is executed daily. Not every day but about in 150 days a year. I trade FDXM, the small FDAX future. The FDXM allows me to apply a simple fixed ratio money management and this is very important. At the moment I am at the second level. That means I trade two contracts.
My system is running on a VPS in Chicago. The times indicated are Eastern Time. Entries are about 10.25 to 11.00. The exit is at 15.50. (This is 16:25 to 17:00 and 21:50 in German time)
I'm from Germany. English is not my mother tongue. I hope my comments are understandable. Please correct me if I write big nonsense.
I explain the detailed rules later. First have a look at some historical trades:
First a winning trade. The red line is a very long SMA, the blue one is YClose.
Here is a looser. The Exit was with Stoploss.
Here a winning trade with small profit.
For a better view i will post the next images with lower resolution.