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CornerStone-Zeus GBPJPY Review
Max DD : -4,107
Profit Pips: 6,968 Start Date : 7/30/07 The first thing I notice on this equity curve is a significant amount of volatility. With multiple drawdowns greater than 1,000 pips this system is not for the faint of heart. Another key item that I notice is CornerStone-Zeus may open 13 positions at one time. This does limit the crowd of users to those with enough capital to support the system. You would need at least $13,000 - $15,000 of account equity to consider trading this on fixed lots with 10k positions. You may be wondering that with a max drawdown of 4,107 pips why that much capital. The reason is that the max drawdown figure is based on closed trades. Before the trades close, you may be floating a significant loss so we need usable margin to provide support to floating losses. This system has generated profits over the past 12 months which is more than a lot of system developers can claim. However, we are looking for a less volatile system to couple with our WealthBuilders. We will pass on them for now.
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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AUDCAD-Mover review?
Hi Jeremy,
The reviews are great! thanks. Would you consider doing a AUDCAD-Mover review? It looks it is in a very interesting point now. It hit its highest drawdown ever but still looks promissing. Historically it seems to recover fast from drawdowns. Would be interesting to see an expert review of this system at this point in time. Thanks, John |
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Quote:
The AUDCAD-Mover is not alone as it is in the middle of its max drawdown. It is one of the oldest systems in the FSS family so we get the benefit of 1.5 years of history to review. I'm looking at the full equity curve and see where its drawdowns have been fairly consistent over the years running in from $800-$1000. It has recovered from the drawdowns fairly quickly. The exception was when this system began trading in FSS back in 2007...it went through a drawdown that took 8 months to pull out of. Also, good system developers will consider the back tested results and plan for a drawdown that could be 2 times what the backtested results produced. The equity curve has been fairly smooth with a couple of bumps along the way. Those bumps occur when the market gets jolted like Aug 2008 when the credit cracks began to show up. The current drawdown is running in line with the 2 times drawdown of the past 1.5 years. I think this system is worthy of consideration for the following reasons: -you have 1.5 years of history -drawdowns are relatively mild -it has recovered fairly quickly from most of the drawdowns -it trades a currency pair that potentially could diversify your portfolio (obviously this depends on what other pairs you trade) In my opinion, money management will trump a good trading strategy. Allocate your capital carefully to your systems so that your systems are adequately supported depending on your trade size. This system does trade a maximum positions of 4. You are looking at about $3k-$5k to trade 10k fixed lots. Otherwise, you may take a good system and get margin called.
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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GBPJPY-Mover System Review
Max DD : -8,116
Profit Pips : 5,155 Start Date : 10/30/07 The GBPJPY-Mover is a ‘mover’ for sure. It has withstood a large drawdown and recovered from the drawdown and continued to gain. This system moves and moves quickly and is quite volatile. I have circled below several instances where this system has drawn-down a couple thousand dollars (trading 10k fixed lots). That is something to consider when you are trading this system. Are you willing to withstand a quick drawdown? Trade this system with caution. As for our portfolio, we are seeking less volatility and will pass on them for now.
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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Quants-MP40 GBPJPY Review
With the GBPJPY being an extremely volatile currency pair and with the market conditions being extremely volatile, one additional item to consider on GBPJPY systems is their ability to consistently produce profits.
On the Quants-MP40 system, it struggled through a drawdown for most of 2008. This system has spent 9 months in a drawdown and trying to claw its way back to break even. A couple of good trades in early October 2008 bumped the system’s profits up significantly (+3,837 pips on those 2 trades alone). However, outside of that huge week, the system has not been able to maintain a steady flow of profits. An observer casually looking at the profits may be impressed. However, knowing that the majority of profits came from 2 trades, we are better informed and will pass on the system. Max DD : -2,458 Profit Pips : 3,170 Start Date : 1/12/07
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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Currency-Specialist GBPJPY
Currency-Specialist gives us a less volatile look compared to some of the other GBPJPY systems. I believe that is due to the max positions of 2 for the Currency-Specialist where as the other systems are running higher max positions.
There are several instances where this system has drawn down approximately $2k on trading 10k fixed lots. We have nearly 2 years of system’s historic record to view so we can see how it has behaved through the different markets. Prior to the credit markets cracking in Aug 2007, this was trading at a loss. Then, the markets began to change trend from Aug 2007 to Jan 2008, it had a large gain. Then, when the volatile trend began in Aug 2008, this system has been losing significantly. In the end, this system has an advantage over many other GBPJPY systems, we know how it can behave in changing market conditions. However, there is not enough reward for us to take a risk on it right now. Max DD : -2,431 Profit Pips : -126 Start Date : 12/13/06
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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GBPJPY System Decision
Based on previous reviews of the GBPJPY systems, we have narrowed our focus down to PipSniper and BreakoutMaster. On the more basic areas of comparison, they are very similar to one another...their positions are the same, risk adjustment factor is similar and their profit in pips is similar as well. These two system have been around the same time as well.
So, in order to distinguish them, let’s compare side by side their equity curves. There are 3 items I note on their curves: 1) PipSniper has a smoother curve throughout the year 2) PipSniper’s drawdowns throughout the year were smaller 3) Current drawdown is slightly smaller on PipSniper In the end, PipSniper and BreakoutMaster get to the same destination. However, PipSniper takes a train ride through the country and BreakoutMaster takes the motorcycle ride through the city to get there. Based on these ‘tie break’ considerations, we are going to add PipSniper to our portfolio since the ‘ride’ is slightly less volatile and more smooth compared to BreakoutMaster.
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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Current Portfolio
We have reviewed the systems for 2 of the most common currency pairs (EURUSD & GBPJPY). Let's start off the systems with a levered amount of 1:4 on a $100,000 starting balance. We want the systems equally weighted so we will devote $50,000 of the balance to WealthBuilders and $50,000 of the balance to PipSniper.
WealthBuilders has 1 max position so to figure trade size: 4 (leverage)*$50,000 (balance)/1 (max # positions) = 200k trade size PipSniper has 3 max positions so on figuring its trade size: 4 * $50,000 / 3 = 66.7k so we will round down to 60k We will set our portfolio to 200k trade size for each WealthBuilders signal and 60k trade size for each PipSniper signal. We'll monitor this portfolio over the next several weeks. In the meantime, I will look to build another portfolio for low equity accounts. We will look to build a portfolio for starting balances of $5,000.
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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Building a Low Equity Portfolio
Now that we have built a portfolio for two of the common currency pairs (EURUSD & GBPJPY) we will let that portfolio trade and check in on it from time to time.
Today, we are going to begin building a “Low Equity” Portfolio for those who are looking to start small with say $5,000. Since there are several hundred systems to choose from, we need to narrow the search to those systems that will give us a greater chance of success. These means we need systems who don’t tie up a lot of free margin on intraday drawdowns as we need to be conscience of capital preservation. Therefore, we are going to focus our search on systems with the following characteristics: 1) 3 or less max positions, 2) Start date is older than 3/1/08, 3) Risk adjustment factor is greater than 1.5 This will give us older systems that are generating profits in excess of their max drawdown to review. The end result is that we want a total of 5 max positions between a combination of systems so we are leveraged at less than 10:1.
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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PipRancher EURJPY Review
This system has been trading with the FSS since Jan 2008. Up until the past 3 months, it’s trading performance has been rather quiet. Since Aug 2008, it has generated half of the years trades and it has done so in profitable fashion.
This system has done well in the volatile times with a drawdown that is reasonable. Perhaps if we match this system with a more range bound system for when the volatility subsides, then we could have a portfolio set to tackle multiple market conditions. We will keep this system nearby. Profit Pips : 2,982 Max DD : -978 pips Start Date : 1/21/08
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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Quants-MiniMac EURJPY Review
Take a good look at this system. If you are zipping through many different systems, you are liable to pass this one over as it does not offer the ‘zing’ that many other systems do. It has been around for 2+ years so we can see extensive history on it. It’s drawdowns have been relatively mild (less than 1,000), yet it has been able to produce some net gains.
Since Quants-MiniMac trades only 1 position at a time and since it does not trade very often, one could trade this on fixed 10k lots with about $2,000 - $3,000 set aside for it. I see this system as a buy and hold for those investors who do not want to spend a lot of time reviewing their FSS account. Netting out 3,000+ pips in the last 2 years is a nice return for a “buy and hold” type system. This is a good system to hang onto and see how it compares to others in our “short list” for consideration. Profit Pips : 2,282 Max DD : -926 pips Start Date : 8/24/06
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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ATCNewman GBPJPY Review
ATCNewman is a relatively new system that began trading in FSS in Feb 2008. It’s drawdowns have been relatively mild due to it trading only 1 max position each signal. As we have seen so far, systems that trade 1 max position give us less volatility in our trading results. Although 1 max position systems may not be flashy, they can produce a reasonable return. Indeed this system has maintained slow and steady profits.
ATCNewman appears worthy to consider for our portfolio. If all else were equal when comparing this to another system, ATC’s relative new start date of Feb 2008 may be its only strike against it. Profit Pips : 2,158 Max DD : -1,212 pips Start Date : 2/22/08
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |
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WealthBuildersFX-Striker EURUSD
The next system we are considering for our low equity portfolio is WealthBuildersFX-Striker. This is a system we actually selected on our previous portfolio so it passes muster. Here are the updated statistics for the past 12 months.
Max DD : -616 Profit in Pips : 2,059 Start Date : 9/11/07 WEALTHBUILDERSFX-STRIKER REVIEW Speaking of our previous portfolio you'll remember we selected a EURUSD system and a GBPJPY system. We designed an equally weighted portfolio of 1:4 leverage for each the EURUSD system and the GBPJPY system. Here is a link to how that was calculated: System Reviews by DailyFX Course Instructors I just checked and our current equity is sitting at $90,800 with a floating profit of $4,100 in the GBPJPY. (The EURUSD system is essentially flat and the GBPJPY system taking the losses.) It has been 2 weeks since we selected this portfolio and we have lost 9.2% of equity being leveraged 1:4. We will continue to move forward with the systems and trade sizes previously selected as 2 weeks does not constitute a trend. This is a good reason why having a well capitalized account to support the trading is key to your accounts survival.
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information *Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision. Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions. |