Forex trading with automation.

Friday, August 11, 2006

New Systems and New Results

I decided to scrap the old systems as they were just not performing as required.

The good news is the new systems are performing very well and looking more robust.

This is one system after 89 days with a gain of +53.76 or 0.604% per day.



And while I was there I decided to make a new system as well. So far is performing even better.

Still young, but has 60 days behind it now for a gain of +35.75%




Now that the system are working well it is time to move on to increasing the performance of them. So far I have only used 2% risk per trade. After doing some numbers it looks like I can safely push this is 3-4% while keeping the same amount of risk. This will have a huge impact on the bottom line as I would be doubling the % risk per trade. After compounding we could potentiality see +80 - 90% in the same time frame.


Now that's exciting!!!

The new money management will be dynamic and based of the win /loss ratio. The bottom end of my win /loss ratio is 44% but can increase to 55%. When I am trading at the 55% mark I want to be having a position risk of about 4%.

The Financial Ad Trader
The Financial Ad Trader