Thanks @TheProfitableDuck nice name by the way!
Yes, UEI went through massive turmoil early on and tbh I very nearly gave up. I'm more than happy to publish it as I have nothing to hide and in fact my hope is that investors will take heart from seeing that I am in it for the long run.
Trading is like anything else in life - if you give up at the first/ second/ third etc hurdle how do you ever learn or improve? Its all a refining process, which involves pain/doubt/frustration etc but ultimately that's the price to pay for success whether trading or anything else!!
I applied a simple method to UEI, which I will shortly apply to GRF and my new demo account.
1- I find a strategy whose principles I understand. If I don't understand it I chuck it as I will never be fully comfortable or able to work with a strategy I don't understand. If it has loads of indicators and stuff Im not interested. KISS is what works for me.
2- I let the strategy run with default settings, resisting the massive temptation to fiddle with it even if it goes through alarming DD (as GRF has just done, on a live account...). For really new strategies I will use a demo account, but for me the live losses and seeing how the Darwinex algos handle it etc are an investment in the best quality test known to mankind - the forward one.
3 - after a decent amount of time (no less than 3-6 months) I will find the time to do the tedious task of looking at every winning and losing trade and fully understand the reasons for success or failure in terms of market conditions-entry-trade management-exit.
Theres no getting around it - this stage is boring as hell.
If I don't understand what the strategy is trying to achieve I would not be able to understand why it fails or succeeds. For my busy situation Christmas is a good time for this.
4- Once I feel I have some understanding of the effect of market conditions-entry-trade management-exit.take a view on whether i can tweak any variables to improve performance without ruining the principles of the strategy
5-run again on forward test
6-back to 3 again and again and again until I either realise the strategy is just cr@p /untradeable or I have found a consistent edge and am on the way to getting it as best it can be whilst remaining realistic.
At this stage I have to be super careful not to over optimise or fit the data. What I am after is something that still bears a strong resemblance to the principles of the initial strategy - that's why its so important to only trade something I understand.
i feel that UEI is at this stage now. Over Christmas I will have a goo look through 2018 trades and get to know the strategy even better. GRF and my demo acc will undergo similar treatment...