I am starting the system ‘Time’ after much research and analysis of my past trading history. To ensure good risk management the system abides by the following principles:

1. Trading is closed on Weekends and during US & UK Public Holidays.
2. Trading hours are 2.00 am to 11:30 am EST (GMT-05:00).
3. Only the EUR/USD pair is traded and only one trade is open at any time (A new trade is executed only after the previous trade is closed).
4. Each trade has a stop loss of 0.8%.
5. The maximum time a trade can remain open is 2 hours.
6. Daily loss limit is set to 1.6%.

NOTE: There are some data points from 2012 for a different system that used higher leverage. I have used custom statistics to separate that data.