UPDATE ON MY FTMO STRATEGY V5.0
This table shows the results of the FTMO V5.0 10K Challenge from December 20th to the end of the year. Two weeks ago XAUUSD was the top performer and EURAUD was in second place. Note XAUUSD fell to last place over the last two weeks and EURAUD took the top performer place and AUDCHF jumped up to second place. I have reduced to lot size for XAUUSD to 0.01 lots and increased the lot size of AUDCHF to 0.3 lots a risk of 1% to the account. Over the last two weeks the account profited by $73.65 or 0.73%. I really wasn’t expecting much price action over the Christmas holiday season. Total account value now stands at $10301.92.
As can be seen by the balance line, over the last two weeks the account moved sideways during the Christmas Holiday period. Then on Friday the account advanced approximately $173 or 1.7% to show a profit of $73.65 for the two week period.
My strategy in trading the FTMO V5.0 robots shows this account still has quite aways to go to complete the challenge as it is up just 3% so far. The good news is that it is slowly progressing upwards. I expect I could continue to see slow progress through the first part of January until we get passed the New Year holiday period. If this account continues to move higher during the last half of January I may consider increasing the top performer lot size in February.
Alan,