UPDATE ON MY FTMO STRATEGY V4.3
From October 26 through November 15 I was testing this strategy using 0.01 lot size. In mid November I found EURUSD was performing the best. I then increased the lot size from 0.01 to 0.1 for EURUSD. Unfortunately, from mid November through today the account has gone through a drawdown of about -1.5% but has regained most of that loss. This will happen from time to time when you enter a market or increase a lot size the market goes through a drawdown; this is normal!
Looking to see how all the symbols in the strategy are doing I cannot go by looking at New Profit. The reason for this is that EURUSD lot size is 10 times the lot size of all the other symbols and will obviously generate most of the profit. So, how to do you compare all the symbols equally? To do this I look at Net pips. Looking at the table below I see EURAUD is now in second place. I will now increase its lot size from 0.01 to 0.1 lots. I don’t want to get more aggressive than this so I want to keep EURUSD and EURAUD at 0.1 lots as I am expecting low volatility in the market until after the first week of January.
Alan,