Those who know me will probably know that I'm affiliated with the technical charting community known as SRDC Worldwide. There's just so much excitement surrounding SRDC at this moment, especially with our recent annual "Bootcamp" that was held over at Tagaytay, Philippines. More than a hundred traders from over 10 countries gathered at the Development Academy of Philippines. (More on that from my next post)
Getting back to the purpose of this post, a quick update on my trading progress. I've been working on a set up known as A300e since my introduction to it in July. The potential of this particular set up is out of this world! And to think Sensei Orange said this is merely the tip of the iceberg! In summary, I saw a 20% ROI (return on investment) on my trading account. (How much are the returns on a savings account with a commercial bank?) And this was using a very conservative money management.
A cumulative harvest of about 2000 pips and this was 4 days of trading in November! Even though the A300e set up permits trading on a daily basis, my style of trading has always been a little bit more conservative. I started seeing results on my trading accounts after all the tedious backtesting on A300e. (Backtesting means studying previous data on the charts.) If I have to be honest, I never really was disciplined or diligent on doing my backtest. (And I wonder why I never saw results) Lets face it, nobody loves putting in the work but we all want that mansion or that shiny red Ferrari. But after putting in months of backtest, I can personally say that backtesting is essential towards your success in live trading.
"I hated every minute of training, but I said, 'Don't quit, suffer now and live the rest of your life as a champion.'" - Muhammad Ali
I wanna end this post by giving thanks to Orange Roshan, the founder of SRDC and the person who made all this possible. The gains I've experienced throughout being in this community cannot be quantified in monetary terms. Thank you Sir for allowing us to learn alongside you as well as the leaders in this beautiful community.
(If you have no idea what I've been ranting on about for more than half of this post, dont fret! Make a decision to join us at the next SRDC preview and find out what we're all about!)
