So if I did normal yesterday, which was my worst day so far with this strategy, testing for 5 weeks now. I would have profited $272 and this was just at the end of the day to come out on top.
With the 81% Compound strategy.
Stopping at 3 wins, I would have profited $1037
Stopping at 4 wins before the 9 in a row streak still it was still in profit of $361. End of day would have been $1312.
If your capital is $5000 then risking 2% of your capital $100 trades. With this bad day using:
3 win stop, you would gain 20.74% of your capital.
4 win stop, you would gain 26.24% of your capital.
This is a big increase of your capital.
You could do a much lower risk by using 0.5% of your capital starting and still gain at 3 trade stop, giving you a safer 5.2% increase
Or 4 trade stop, giving you a 6.56% increase.
Or same again risking 1% of your capital of your capital starting and still gain at 3 trade stop, giving you a not bad 10.4% increase
Or 4 trade stop, giving you a 13.12% increase.
Look back at your history and see how often do you have winning or losing streaks and work that out. Do not count the streaks that you hit in the same expiry time.
Appreciate any feedback or adjustments to these strategies I use.