Sorry for the lengthy post and thank you to anyone who chooses to read it.
I have an update on my $200,000 challenge.
I was unsuccessful in creating enough profits to pass the challenge with my initial form of strategy generation. I was always ending in profit so that is good.
The profit was never enough to pass through, so I would get free retries. Excellent!!
I came really close one time, like within $3,000.00 close then I hit a drawdown phase that ate up all my profits and it put me straight into the negative.
The account got back into the positive with 4 days left on the challenge.
So, I took the bots off just in case another drawdown was coming.
This earned me another free retry.
Then I thought to myself, I’ve ended in profit twice and not created enough profits to pass why don’t I switch things up?
I couldn’t help myself and tried doing things differently… The different thing didn’t work and it failed lol.
I should have followed my initial instincts and kept it the same.
Anyways, it’s back to the demos for me.
I’d like to try switching up my strategy generation process to find strategies that perform better.
I’ll share what was “almost working” and how I was generating strategies that ended in profit but were not quite hitting the targets.
It was a process that I started trying a while ago and Samuel suggested a few things to help out in a previous forum post.
So, thanks Samuel for your input, I got a lot closer to passing an FTMO challenge because of you!
Maybe you or someone else has some more insight for me to adjust even further to get closer to that FTMO dream. The next post will have settings.