S.A.M week 1

As promised though a little late (sorry)the beginnings of the mechanical strategy Im running on the charity account.

The first week of May was the first week of the forward test/live trading.


Monthly target is 10% to be compounded weekly and left. Its been backtested quite extensively.


Trade management optimization as ever is tricky/pain in th a**.

Ive used half the balance (£1500.00) of the account, so £750 initially. The RR on some of the trades is solid, small stops with this. The targets will be larger than at present.

It works across the more lively pairs (cable, EJ, EU etc) and Ive been running it prior to my full trading day really kicking off early am UK time.


Heres the 1st week of the forward test (myfxbook documented, click images to enlarge) of what Ive imaginatively named SAM, lol. (semi automated mechanical)

Risk is no more than 2%.

1/1000ths pip unit size to account size as trade ammount e.g £750.00 = 0.75 unit equivalent per pip.

Weekly compounding, so this week 0.81 per pip.

Its still early days but am hopeful this is the answer to giving the account regular attention. If it isnt satisfactory then obviously I can donate a % of my own trades and document around that.

All the best

Limey