Ok so first week takeaways
1- check min vol/ lot sizing. Removed any asset with min 0.1 size
2- the strategy involves lots of small losses. Whilst some may be avoidable I decided to significantly reduce risk per trade down to 0,5 from 2. Psychologically this should be easier to accept
3- given the test is new quite a few trends were quite old and getting exhausted, hence some entries never really got going as the trend was bring contested by buyers and sellers. I will take heart from the fact that an entry at the start/ earlier in the trend and not adding to the original position (or only adding close to initial entry) would have yielded significant profits and avoided the later poorer entries
4- even at this very early stage the expected edge is starting to show. Despite a fairly low win rate, the larger winner to loser ratio makes up for it especially on xau/usd which only had a 20% win rate but 1.11 profit factor.
5- stick to the plan and don’t panic!!