2018 ANUAL SUMMARY - With only trading/testing my current EUR/USD strategy since September and being inactive through December due to getting married and then being away on honeymoon, I can only give a brief annual overview of 3 months.
My strategy was derived from a previous method taught by the guys at @wefx_official
and developed myself specifically for the Euro / Dollar pair. Using this strategy along with textbook support/resistance theory, candle patterns & consistency allowed me to have a successful foundation for trading this pair.
The demo account started with a balance of £250 half way through September, and resulted with a growth of 67.87% by the end of the month bringing the account to £419.
In October I grew the account by a further 155.85%, bringing it to £1,073.
In November the account grew then to £2362, meaning in 3 months I almost achieved a 900% account growth.
Up until now I have been executing 2 positions per trade with up to 5% risk per position, allowing 2 profit targets to be aimed for with the intention of guaranteed smaller profit and then a risk-free approach to a higher target by introducing a break-even stop-loss after the first target was hit.
This approach was largely successful but after some insight from Tom at @hallandcotrading
I then started to make single position trades with large success.
At the end of November I opened up my first account for a client with a 13% growth after the first trade.
With 3 months real demo trade data being documented plus 2 years worth of back testing data I am now confident to use this strategy on a live account, with realistic monthly targets to aim for.