Hey guys
This is my attempt to hold myself accountable to not only myself but on a public forum- to stick to the strategy come thick or thin- and not second guess it especially in the middle of active trades. I will freely post my trades for all to see. If it helps anyone else that's just great.
A bit of background: I used to trade the "beast" making excellent money, but along came the market crash of 2008 I think it was and not only did I lose a small fortune on Metorex and Merafe but also took a massive hit on my trading confidence on trading the ALSI- although the strategy was as sound then as it is now- just my trading "mind" was damaged.
So about two month's ago I started a new account at IG Markets- deposited a smallish amount- and have increased the balance by about 42%. However, I find myself messing up things by second guessing trades- trying to "know" why things are happening. This runs contra to what is supposed to be my trading philosophy...The LESS I know about the markets the better. This is a semi-mechanical strategy based on the assumption that the market will statistically keep on doing what it has done in the past. I'll elaborate on the strat in due course- but it is based on EMAs crossover on two timeframes 1 hour and 5 minutes- constantly alternating long and short on each- so much of the time the positions are hedged.
Let the fun begin
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