Hi I would like to introduce my Darwin while in its infancy . GOB
some bullet points for those who don't have time to read.
Long term low leverage strategy
Discretionary manual trader. All trade decisions based off 1-2-3 structures
5yrs experience Trading Fx
(EUR, GBP, CAD, JPY, AUS, NZD) V USD & THEIR RESPECTIVE CROSSPAIRS
ALL MAJORS 100 PIPS = 1% RISK
CROSS PAIRS ADJUSTED RISK FOR GREATER VOLATILITY
ENTRY/EXITS ALWAYS BASED ON DEVELOPING STRUCTURE
MORE LONG WINDED EXPLANATION BELOW
My view on the markets is to give it plenty of room to build out structures and ape rape short term traders before making its moves. There is never a reason to panic in a market, I do not stop out or enter trades rashly because price crosses a line or breaks resistance or stop raids. All my trading decisions to enter/exit are based on developing structure.
I have a very simple and robust strategy that will come out on top over the long run. I do not get “stuck in the weeds” worried about day to day or week to week fluctuations. A years worth of trading is what counts to me and over the course of the year I will come out on top.
I will always be in the market on multiple pairs. It is possible occasionally to take a 4% loss on a pair, this is built in to strategy and part of the game.
My strategy is robust. Due to low leverage I can absorb major unexpected events like flash crashes without blowing up account. With the higher time frames longer term view I am less susceptible to short term changes in market conditions and volatility.
My strategy will be able to trade with large capacity.
I have been trading full time for 5yrs, in my early days I was taught a long term mechanical strategy, but I wanted to know more about the market so I got sucked into shorter term trading and spent 4yrs trading like this. I do not regret this and have learned an awful lot observing markets up close and testing out all manner of strategies and learning how a market moves. But I found consistency over long term difficult to achieve with this.
I have spent 1yr everyday trading with a mentor who has 25yrs experience showing his style of trading and I have completely transitioned to longer term mindset, simple due to it working. It has hands down beaten every short term strategy I tried, so I binned all of them. Trading is more art than science for me, and combined with 5yrs watching markets daily and confidence to trade longer term instilled by mentor I now have what is called an edge.
My initial goal with my DARWIN is to get my underlying strategy trading at 10% VAR currently my VAR is a little high.
Would be keen to hear from investors which particular scores they are most interested in , in a Darwin. I presume most people look for steady 45 degree upward equity curve, but I am sure more experienced traders/investors look at other attributes. Thank you and glad to be part of the community