STEADY BEAR (Quantsoft Ltd) (By forex_trader_239546)

The user has deleted this system.

STEADY BEAR (Quantsoft Ltd) Discussion

Oct 16, 2016 at 16:37
62 Views
1 Replies
PeterJacob
forex_trader_239546
Member Since Mar 30, 2015   2 posts
Oct 16, 2016 at 18:48 (edited Oct 16, 2016 at 18:54)

Trading system that NEVER buys and trades on a short side only?

A funny TOY one might say!

However, nothing could be further from the truth and - based on probabilities and extensive research - TEDDY BEAR system proves you can consistently make money by eliminating unnecessary variables. As long as you consequently follow the rules, obviously.

As mention above, system generates nothing but bearish trades, hence the TEDDY BEAR name.

It aims to consistently generate between 5% to 10% return a month (60% - 120% a year), following strict risk management rules, keeping Risk to Reward Ratio at around 1:2 level and a allowing the maximum drawdown of 25% (Currently around 5%).

Generally trades very small position sizes and ALWAYS implements Stop Loss orders on each and every trade. System generates on average around 100 trades a month, BUT only one trade at any given moment. It is purely manual and based on technical analysis.

Following the system requires a MINIMUM of 1500 (USD/EUR/GBP) opening balance.

I do realize it is only a demo account at the moment and some of you might stay very sceptical, therefore - I am going to launch the exact same system on a LIVE trading account in the nearest future - stay tuned.

I do also realize that TEDDY BEAR is fairly young and - although I have traded it in the past for quite a long time with great results - it is definitely too early for many of you out there to gain a serious interest in my methodology. With all honesty, I would advise to watch it closely for the next few months first, before following it with your real account.

LIVE version of my system will be available to follow at SIGNAL START (www.signalstart.com) for a fixed price of 49$ a month - just like a DEMO version is available there at the moment.

For more information, please - contact me at [email protected]

Enjoy! :)

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System inspired by and dedicated to a memory of a great late Jesse Livermore - the greatest bear of Wall Street ever lived.
PeterJacob
forex_trader_239546
Member Since Mar 30, 2015   2 posts
Oct 17, 2016 at 23:21
Just a quick update. I have decided to change the name of my system to STEADY BEAR, as it reflects what it is and what it does more accurately.
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