Disliked{quote} thanks for replying. in my real account my i have a capital of around 100000 us dollars. i am getting 20 pips a day with trading 100% capital. i know its foolish but i trade london open on a four hour. so once i establish the trend i go with it. i calculate what the 5 days min. pips were. i just trade 20 pips giving me a profit of 150 $ a pip or more depending upon the pair. a month into trading the levels have given me 30000$ so far with no loss. maybe i am luckyIgnored
Well there is no way to evaluate this system because we have no idea how much you are risking in terms of pips (is it 20, 10, 30, 5, 40)? the number of pips risked will determine your risk of ruin.
Second, a month of trading is no real sample size. if you can repeat this for 8+ months out of the next 12, with no large drawdowns, then you'll have something interesting.