Fixart Real Account Stopped test

by FixArt.org Site closed
+0.50% WEEKLY · 12.1 weeks
Average Pips per Week:
+49 (Gross Pips: +692)
Average P/L per Week:
-17.76% (Gross P/L: -93.78%) Including Net Withdrawal of 42.81
Maximum Equity used:
3.21% (Apr 27, 2014, 1:09:00 AM)
Test started:
Feb 24, 2014
Test Stopped:
May 20, 2014 (Tested 12.1 weeks)
Abandoned Test

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2014-05-20 FixArt Real Test abandoned. Balance was all withdrawn without notifying the FPA.

2014-03-11 FixArt Real Test started with help of Investor Access.

Description: Fixart Investments trading strategy is primarily based on trend following, heading, or breakout. Fixart relies heavily on technical analysis in this manually traded strategy. The average pip target on the strategy is approximately 10 pips, with a target of 2-10% monthly gains. The strategy has been altered since November 2011 to reduce volatility, and therefore best limit drawdowns. The target max 24 hour drawdown is 4%, with a max drawdown target with the updated strategy set at 6-9% (I will try to keep it bellow 5%). The strategy plans to risk approximately 0.75-2% per trade. Hard stop losses are used, with a target maximum of 90 pips, regularly will be used 25-56 pips, this may be overridden at the discretion of the trader. Fixart Investments principal trader has 14 years of trading experience and 5 years of money management experience. Fixart trading strategy mostly is based on trend following, heading, breakout, or breakout retest. The following indicators will be used: SMA, figures (triangle, triangle break out, head and shoulders, forks). Trades: Max - 4 trades, max- 2 trades in one pair. All 4 trades stop will not be more than 90 pips. Trading hours: Europe, partially America.