Hello hilmy83, Good Algo you have. Why not let the algo run and hope the -25% Drawdown is soon recovered in a 1-2 months? I understand drawdown is tuff. I had an algo last year that stayed in drawdown the entire year since march 2023. I had stop in about November 2023, tuff pain.
US session open I trade for income. I don't want to waste time waiting, especially months. Otherwise I'd just invest in the stock market.
Sure, but what do you consider to be the opening range? A lot of people have different opinions on this. Some take the first minute, others 5 minutes, 30 minutes or even the first hour.
Hello hilmy83, I completely understand buddy. I completely understand and agree. At least with manual trading, you have some control on drawdown recover. Waiting for 1 system to recover drawdown was a painful experience.
Hang in there. You are smart, eventually will figure it out. Going back to manual and work out a different strategy is the right move if you can't afford the 25% drawdown.
I feel for you. Trading for income is very hard. Unless you can bank part of the profits and compound the returns to build wealth, you can't afford drawdowns.