Re: XARD - Simple Trend Following Trading System
Posted: Thu Aug 08, 2019 12:30 am
You could try this...thiru wrote: Wed Aug 07, 2019 11:15 pm thanks for this xard777, yes its a good idea to use vpn for tv channels..
love the yandex video popouts ... very nice.
and yes, never crossed my mind to trade indices .. looks like its the instrument to trade.. will look into that.. thanks for the idea again.
Get yourself a large Yearly Wall Planner from your local stationery shop.
Each trading day write your Daily Trading % Markup
i.e. Markup formula as follows... 100 / Startfund * Endfund - 100 equals your Daily % Markup
i.e. 100 / 10'000 *10'750 - 100 = 7.5%
At the end of each month tally all the daily markups and divide by the no. of trading days for that month.
You now have your mean daily % markup
You can now extrapolate this mean markup into the future to see possble future targets.
i.e if your mean MU is say 7.5% and there are 20 trading days each month then
Say a fund of 10'000 x 1.075 ^ 20 = 42,478 one month into the future
10'000 x 1.075 ^ 40 = 180,442 two months into the future
If your mean MU is 10%
10'000 x 1.10 ^ 20 = 67'275 one month into the future
10'000 1.10 ^ 40 = 452'592 two months into the future
At the end of the year if you tally up each months mean MU and divide by 12 this will give you your mean monthly MU which you can use for better future targets.
All the best
Xard777