Safe Real Account Stopped test

by Safe-Trading.org Site closed
+0.95% WEEKLY · 21.1 weeks
Average Pips per Week:
+66 (Gross Pips: +1,467)
Average P/L per Week:
+0.91% (Gross P/L: +22.18%)
Maximum Equity used:
8.35% (Apr 28, 2014, 4:33:00 AM)
Test started:
Nov 26, 2013
Test Stopped:
Apr 23, 2014 (Tested 21.1 weeks)
Abandoned Test

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2014-04-28 Safe Real Test abandoned. Website is down. Company seems to be out of business.

2014-02-24 Safe Real Test started with help of Investor Access.

Description: Capital protection is the key, gains automatically follow- I try not to risk more than 2% per trade (often less). My risk per trade is limited to 2-3%, in case of back to back losses I reduce my risk and lot sizes until conditions turn favorable. I believe this strategy prevent huge drawdowns and give trader time to re-evaluate strategies and make necessary corrections wherever required. Entries are trend following-Trends last for months even for years. you just need to wait for right entries - I try to enter on retrace at a support on a daily/H4 chart following Weekly/monthly trends.(Inter day strategy) -or, I enter at a break of resistance following trend (Generally Intraday trades) Reward to risk is always greater than 1:1, so even if win rate is less (I don't expect it to happen as trades are high probability) healthy profits could be made I try to keep visible SL for every trade (20-150 pips). I am happy to take a loss if the trade has not turned my way rather than waiting for a turnaround. In addition no trade is averaged, hedged or martingled, again if it's a loss its a loss. I do take trades on support/resistance but still want to give them breathing space in event of news spike. As targets are always greater than the stop loss and risk percentage is low, even large stop loss would not impact the account by more than 2% Please write back in case further information is needed. I will keep updating the thread on the trades and logic behind taking them. Green Pips to all!!