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 As you have seen from my Wallaby posts, I have been using a demo account to track my real-time trading results in the EURUSD. However, when I logged in last week, I was disappointed to find out that my demo account had been closed. Crap. I chose IBFX to demo trade with because as [...]  In my Wallaby Trade followup analysis, I wondered what the testing results would be if I used a strict 1:1 Reward/Risk profit target. This would probably increase the win ratio, but would it be more profitable overall? If are not familiar with the parameters that I used in the first test, read this post [...]  I did a few trades this week in the Wallaby account…and they weren’t too good. I should have followed the first trade and stuck with it. Instead, I proceeded to do three trades that were all losers. Why did I do this? It was a lapse of discipline, plain and simple. All of the [...]  As I continue to dissect the results of my 1 hour EURSUD Wallaby backtesting, I’m looking for different ways to slice the data to find potential advantages. One thought that came to mind was that using a previous support or resistance point may not be the best profit target on a trade. Maybe I [...]  Now that I have backtested the 1 hour Wallaby Trade with the EURUSD, it is time to see if there are any patterns in the data that will make this trade more profitable. Like I mentioned in my Wallaby Backtesting Reveal, I don’t want to do any curve fitting (over-optimization), but I do want [...] I’ve been dragging my ass on backtesting this trade on the EURUSD, but I finally got it done. It is always a little tough to see a backtest all the way through, but once the trade starts to make money, it does become a lot easier. In the end this was actually pretty fun. [...]  This is my first demo trade in the EURUSD 1 hour Wallaby. Find out how I did and see the chart and stat bar. This trade has been promising in backtesting so far, so I’m interested to see how it will perform going forward. Trading the 1 hour chart is much better, the 15 minute chart was too hectic. [...]  Tonight I am fine tuning the Wallaby Trade that I have been testing. There were a couple of things about the 15 minute time frame that did not agree with me, so find out what I am doing to change that. Find out which time frame I am going to be using now and why I will not be providing detailed testing results until after I have tested 10 years worth of data. [...]  Shame on me for not keeping up with my backtesting. So today, I finished the results for July 2001 on the EURUSD 15 min Wallaby Trade. If you are just joining us, be sure to check out my previous testing results for this trade. This month was a little tough. The winning and losing [...]  As Rudy Leder of RudyLeder.com pointed out in my Wallaby Fund launch post, I was violating my own rules when it came to trading a demo account. Even in my Forex Strategy Development Course, I state that you should start forward testing with an account size that is similar to the size that you [...] |
 
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