System: FX Protector – 10x risk
Description: FX Protector – forex trading
PAMM account (IC markets) & Copy trading (simple trader) soon!
About money management :
This account has very agressive money management (10x risk) = 0.1 lot per 1000$, this is not recommended for managing bigger capital.
Q : Why do you trade with 10x risk?
A : To show to community / investors that i can keep my drawdown low even with very high risk
In august 2015 i will lower risk to 2x as a master. That means around 2% gain per month will be generated with maximum DD of around 3%. On simple trader you will be able to increase risk.
PAMM managed accounts will be offered on 2x (as master. lower risk), (4x medium risk, 4% gain) and (6x higher risk, 6% gain)
Price for monthly subscribtion will be around 70$ (simple trader)
PAMM fee = 30% from monthly profit only (HW)
All potential investors please contact me!
Type of Trading: Real
Broker: IC Markets
Started: Mar 26, 2015
Tracking: 35 users
Currency Pairs: EURUSD, GBPUSD
Essentials: The FX Protector – 10x risk system has made 120 trades with an average winning trade of 5.45 pips / , the average losing trade around -6.77 pips / and an average trade length of 10m.
The best trade it ever had was (Apr 16) 20.5 in pips and the worst trade was (May 22) -26.3 in pips.
It has won (47/58) 81% of its attempted buys and (53/62) 85% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.