Humbug

I have a feeling I'll be looking at this tomorrow. (click on chart to view)


Counter Trend Scalp Test
Gross RR 1.59
Win 59%
Net Average Trade $4.97
Winners 58
Losers 40
Total Trades 98
Net Income $486.60
Average Trades Per Day 20
Days 5
Average Daily Net Income $97.32

Traded it live today and our old friend Mr. Slippage took his cut.

Bottom line is it's not good enough. This trade was my adaptation of someone else's trading plan. It reinforces my renewed belief that you can't trade someone else's plan with your money.

The "exceptional Irish trader" is still poking me in the eye with a sharp stick, but apparently I'm a slow learner.

Back to work tomorrow, and I get to keep my turtle trading fan club membership.