I mentioned it earlier, and I'll mention it again. I have done an analysis of all the sPhantom trades along with their intra-trade draw downs. I think you can trade this system quite successfully if you know where to put your stop loss. I am now trading sPhantom in a compounding mode. The tighter the stop, the more lots you can trade (but you may not like your equity curve). The looser the stop, the fewer lots you can trade (and you may not like your equity balance.) The key is selecting the right sweet spot between draw down and returns. Your risk % is defined right up front. If you decide to risk 5% a trade, then you will lose 5% of your account when the stop is hit, regardless. I have rerun all their trades with varying stop losses from 50 pips to 120 pips in 5 pip increments and I have generated the equity curves based on each stop loss used. Why not use real data to pick your stop as opposed to just pulling one out of your ass because you think it feels right? Email me at email@example.com if you want an updated copy. i am in the process of re-running the historical results in a compounding mode and will be done by this weekend, I think.
War is when your government tells you who the enemy is. Revolution is when you figure out, for yourself, who the enemy is.