Dear NIL,
firstly thank you for posting the trial of your system. Unfortunately I have only just found the thread and I would have loved to followed it from the beginning.
To make 3500 pips in a month without losses sounds phenomenal by any measure, so I hope you will not be offended if I ask a few pertinent questions. I note that the question of stoploss or rather lack of it has been raised already and I am keen to learn what kind of open losses you experience. I am not in any way suggesting this is the case, but one could imagine a system that produces a return of 3500 pips per month but the open losses are say 5000 pips, and suddenly the system appears less attractive. Unfortunately this request is a bit late in the day, so loses much of it's intended value, but could you publish the current open trade balance (be it negative or positive) along with results for each closed trade.
Another question - How long have you personally tested this system ? At any time during testing has the open balance in any period (say week and month) been greater than the profit for that period ?
Once more, please take my questions as well natured and not implying anything, but I would appreciate a clearer picture on results. Many thanks in advance.
firstly thank you for posting the trial of your system. Unfortunately I have only just found the thread and I would have loved to followed it from the beginning.
To make 3500 pips in a month without losses sounds phenomenal by any measure, so I hope you will not be offended if I ask a few pertinent questions. I note that the question of stoploss or rather lack of it has been raised already and I am keen to learn what kind of open losses you experience. I am not in any way suggesting this is the case, but one could imagine a system that produces a return of 3500 pips per month but the open losses are say 5000 pips, and suddenly the system appears less attractive. Unfortunately this request is a bit late in the day, so loses much of it's intended value, but could you publish the current open trade balance (be it negative or positive) along with results for each closed trade.
Another question - How long have you personally tested this system ? At any time during testing has the open balance in any period (say week and month) been greater than the profit for that period ?
Once more, please take my questions as well natured and not implying anything, but I would appreciate a clearer picture on results. Many thanks in advance.