Today LBO did a perfect long trend where all long PO were closed hitting TP. No reversing. All profit. But what is the outcome. WTF $38.7 !!!
Something wrong in the money management i guess as the balance is about $1,800. As a risk or reward of 10% of it or $180 is acceptable then. Not a biggie tweaking this as it involve adjusting money management risk. But it'll open to bigger losses if the price reverse.
At least we found this out before the real game begins.
From myfxbook the % gain is only 2.17% so thats not a big gain if basing on simple calculation a perfect BO will bring in 10% !! which is exactly about right.
So lets look into it and make sure the MM makes sense.
The robot is _lbo5
Actually the tweak is very simple. Just change the % risk from 2% to 10%. That is all! This is a simple robot.
