Hello,
I understand the concept of risk diversification. So I chose some connected pairs to trade with like in some of the courses from Petko:
EUROUSD
USDJPY
EUJPY
And I use the 15 minutes time frame for generating the strategies. I’m planning to work with 15 EA’s (5 of each pair). But what I noticed is that USDJPY gives me much more better resulting strategies. I think for the last 2 weeks 80% comes from the USDJPY currency pair. SO if I select the weekly top performing strategies in my Metatrader demo and copy them over to my live/other demo account I have 15*0,8=12 strategies of the USDJPY pair active and 15-12=3 slots available for the other two pairs.
Now I’m asking myself, how to deal with this situation. This is no risk diversification and if next week somethings happen with the JPY I’m maybe f*cked… :(
Do I need to find another pair or take less strategies of USDJPY and forcely take the ‘lower fruit’ strategies from the other pairs to come to an even distribution…
Hope that’s clear :)
Cheers,
Maarten