I got a few PMs asking about my strategies. And I guess I'll just respond here to prevent other PM's of the same nature in the future.
First of all:
I am not a role model.
1) At one point this year, I have lost 40%+ of my account.
2) I also lost my whole year's profit within a week.
3) I've had more than 11 consecutive losses.
4) My drawdowns are very large relative to my account.
5) I don't trade with a set stop.
6) My bet size is probably too risky.
All of this is trying to find the trend.
I run multiple strategies, but my main strategy incorporates a lot of discipline that I've learned through the years and after many failures. It is very simple logic, the main indicating components are based on moving averages. So by its very nature, it loves trends and does badly on ranges.
And that's about as much I want to say about that. Of course, I have to put a drop of my snake oil potion into the mix to become successful.
Theoretically, 2 moving averages cross each other, a trader can place a bet in the direction of the cross. If it crosses back, you close out. If it continues, you hold on for dear life hoping it is a big trend. There should be some filters and good times to trade.
Most traders fail because they blindly apply the method, they don't take into consideration at all of support and resistance, and that is a mistake. Of course, this is a very simplified view of what I'm doing, but it is the same principle. If a trader can stop trying to average down or revenge trade, and trade on the higher timeframes, then they have a future with this kind of strategy.
But like any other strategy, the heart of its profitability is good trade management. I cut my losses early, and try to hold onto winners. This is where Kenny Rogers had the wisdom, "gotta know when to hold them, know when to fold." That's about it. Statistically, I'm just picking 50% correct, but I use my RR ratio to become profitable. And I also have 11 consecutive losses just last week, so it is about being able to keep placing trades even though it doesn't look good. And emotionally, one needs to be able to let winners run, if you cut winners short, then you have no future with trend following.
Then you throw in my aggressive bet size, which is probably too large for my account, and you see these exaggerated equity movements. I don't consider myself making too many pips. I just throw some size behind my trades, that's all.
And this post is not an invitation to discuss the inner workings of my strategy, it just gives the curious mind of the simplicity of trend following.
I also have other strategies that I develop all the time, some are profitable, most are not. And many others where I try to emulate other traders' public strategies. I trade all kinds of strategy, from basket trading to grid trading. But I always keep the good trade management and RR ratio in place. I follow the money, I know what is BS and what isn't from my experience.
Every trader is different, and the strategy must fit the trader. An impatient trader cannot trade on the higher TF, whereas a patient trader cannot deal with the noise of lower TF.
You're one of those people that don't wash their hands 
(Not sure if it is even considered a scalp since it took 2 hrs of being in the trade.)
Forex day trading system
Linear Mode
