KeltnerPRO - Jared (by keltnerpro) Quick Stats
Gain: +5645.75%
Drawdown: 58.74%
Pips: 4744.8
Trades: 1003
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Unknown

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KeltnerPRO - Jared Discussion
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hannahis365

Member Since May 03, 2016  14 posts HIT INVEST TURBO (hannahis365) Jul 29 2017 at 06:14 (edited Jul 29 2017 at 06:22 )
This is the statistics of the trading system

Total Pips count = 4774.8

Total Trade count = 1003

Total lots traded = 14,883.59

Ave lots per trade = 14.83 lots per trade (14,883.59/1003)

Ave pips gain per trade = 4.76 pips gain per trade (4774.8/1003 trades)

Ave pips gain per month = 132.63 (4774.8/3yrs = 1,591.6/12mths = 132.63)

Ave pips gain per day = 5.76 pips (23 trading days per month)


In another words, this system manage to gain on an average 5.76 pips per day using 14.83 lots size per trade. That sounds tremendously risky to me.

So if you can't find any other systems that can generate 5.76 pips daily and you are willing to risk 14.83 lot size per trade, then this system is well suited for you.

Don't just look at % returns to evaluate a system. I always look at the pips count 1st. No pips, mean no Profit. If a system isn't really good in generating pips count, it will always rely on risk (by increasing lot size) to boost income and thereby have impressive % returns.

There are basically 2 types of systems. Pips generating system vs Lot size boosting system.

Thus I always ask myself, is this system's winning formula based on good trading theory/concepts that enables it to keep generating pips after pips or is this system rely more on risk (lot size) to boost income.

I generally look for good pips generating system 1st and thereafter, increase my lot allocation once I found a systems that can generate good consistent pips returns. You only increase your lot size on a good stable system and not the other way, increase lot size in a risky system.

Sound Trading Theory = Good Profit
VictorTous

Member Since Apr 25, 2013  106 posts Viktory (VictorTous) Aug 03 2017 at 17:00
Hi... Could you please update your account?

Patience, focus and self-control to win the game with diligence.
Capitalinvestfx

Member Since Nov 24, 2015  64 posts Capitalinvestfx Aug 04 2017 at 11:32
VictorTous posted:
Hi... Could you please update your account?


if acc is still aliveyell

robertonathalie@
bgerbert70

Member Since Sep 13, 2017  3 posts Bob Gerbert (bgerbert70) Sep 15 2017 at 09:58
think this acc is dead

Xamarass

Member Since May 10, 2013  50 posts Xamarass Sep 26 2017 at 18:58
5645% not enough ?
cheers

Find an edge and trade it
M1scalperforex

Member Since Sep 08, 2017  1 posts Ivan (M1scalperforex) Dec 01 2017 at 12:36
Awesome EA, it's a long long long term risk (no so scalper m15 or m5 - learn to filter it) risk a bit more of 5% only on eurusd and gbpusd and you can make a lot, better off this that glue on monitor H24 scalper or daily system with 28 pairs but what my biggest question is: Jared did you deposit 6k, now you are +300k...the reason to leave profit on the this broker?!


keltnerpro

Member Since May 08, 2014  49 posts keltnerpro Dec 03 2017 at 07:51
I closed this account with the broker

fastdrive55

Member Since Jun 27, 2014  80 posts Andy Zatt (fastdrive55) Aug 29 at 19:22
Why it closed in 2017? I can still log in the member section. Can the EA still be used?

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.