Trendy System 1.0 (by TrendySystem) Quick Stats
Gain: +488.48%
Drawdown: 23.37%
Pips: 2348.0
Trades: 181
Won:
Lost:
Type: Demo
Leverage: 1:50
Trading: Unknown

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Trendy System 1.0 Discussion
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pacohernandezg

Member Since Mar 11, 2010  6 posts pacohernandezg Oct 30 2011 at 10:40
Hello Shawn.

Tight stops, multipair, high win percentage, incredible profit factor, incredible expectancy and incredible profit/loss ratio.

There is only one month, but I have the feeling that this is the best system I've seen.

Congratulations.

I would like to give you two tips to improve security:

1. With these numbers, you don't need to leave open operations during the weekend. I see an operation from October 14th to October 17th. Closing during weekend will avoid problematic gaps.

2. A safety stop-loss would not hurt. You can move the stop to never touch, only if your VPS/Server is down, it could save you from a dangerous situation.

Congratulations again.

Regards,
Paco Hernández.

TrendySystem

Member Since Oct 24, 2011  38 posts Shawn OConnor (TrendySystem) Oct 30 2011 at 20:47
Hi Paco,

Your suggestions are welcomed. We usually don't trade on Fridays using this System. On rare occcasions we will and leave a position open over the weekend.

As far as safety stops go, I personally like them. However, I have a team member that strongly believe that they are still dangerous because of the volatility of the market and getting a spike in the direction of a stop could encourage brokers to push that spike as much as they can just to trigger the stop. Therefore for safety purposes we generally keep an eye on the drawdown and have a hidden SL between 3% to %5 drawdown. As you can see we seldom get into more than one trade at a time.

Can I ask what is your history or background? You profile has very little info and it appears you are a new user on myfxbook. If your like me you probably have more than one myfxbook account.

Regards,
Shawn

Trading is Fun...
youngchang

Member Since Aug 22, 2009  302 posts youngchang Oct 31 2011 at 03:41
Hi Shawn,

The result is pretty good.

Do you sell your EA or any manage clients account?
I am really interesten in.

Happy trading. Young

MRfrancis84

Member Since Nov 01, 2011  7 posts MRfrancis84 Nov 01 2011 at 07:25
Very impressive. I will keep an eye on this and would love to learn more about it.

TrendySystem

Member Since Oct 24, 2011  38 posts Shawn OConnor (TrendySystem) Nov 01 2011 at 14:59
Thanks, feel free to continue to track our trades. We are setting up a website to help give more information on this system.

Regards,
Shawn O'Connor

Trading is Fun...
youngchang

Member Since Aug 22, 2009  302 posts youngchang Nov 02 2011 at 23:59
Any reason to hold the long position on AUDUSD with 130 pips negative?
Young

TrendySystem

Member Since Oct 24, 2011  38 posts Shawn OConnor (TrendySystem) Nov 03 2011 at 06:29
yeah that position was supposed to be stopped out at 2% drawdown. At this point we aren't sure why the EA didn't close the position. From now on we may have to use hard stops rather than relying on an EA to close positions.

For now we are debating whether to cut the position lose or carry it for a more long-term trade. Generally we don't like to hold position for more than 5 days but for this one we may have to carry through the month.

This shouldn't happen again as we will most likely make the switch to using our brokers hard stops after this issue with the EA.

Regards,
Shawn


Trading is Fun...
TrendySystem

Member Since Oct 24, 2011  38 posts Shawn OConnor (TrendySystem) Nov 03 2011 at 16:21
As you can see the platform technial mistake that caused Aud/Usd position to stay open was managed nicely for a small win. In the future hard stops on the broker side will be used to help defend against this happening again.

Regards,
Shawn

Trading is Fun...
TrendySystem

Member Since Oct 24, 2011  38 posts Shawn OConnor (TrendySystem) Nov 08 2011 at 19:50
I have had a few people request our services for managing their accounts. However, at this time we are not offering PAMM services.

However, if you want to follow/copy our Trendy trade signals you can get more information about how to do so on our website:

www.forex-trade-signals.net

Kind Regards,
Shawn O'Connor

Trading is Fun...
youngchang

Member Since Aug 22, 2009  302 posts youngchang Nov 09 2011 at 17:13
Hi Shawn,
Why do you hide open positions Now?
Aren't you confidence about your trade?
I think you are trading now much different from last 3 or 4 weeks. Your stoploss is much bigger than before.

Did you changed your strategy or what?
Thanks. Young

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