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Re: Failed Prop Trader Rebuilding System

kbs, Mon Oct 09, 2023 4:08 am

This back-test used data that was intended to reflect the turbulent period when COVID 19 was discovered.
The initial drawdown you can see at the beginning is worth noting. I went back and re-winded after the test ended and it seems that my account balance was 97.8k at one point. Considering my account was 100k at the start, this is very concerning from a prop firm perspective. If my account balance had hit 95k, many prop firms would have terminated by account.

Fortunately, the trading system made up for it's initial losses after the market recovered. The statement shows several large, winning long trades in the summer of 2020.
The ending ROI was +2.8%.

Best results of the day, however I think we can do better.
Not sure if I need to adjust the indicators to reduce signal frequency, or reduce risk-per-trade so that the drawdown isn't as concerning.

I think the most logical move is to to perform a 3 year back-test on another currency pair before making any more adjustments.
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