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Swing Trader PRO System (By swingtraderpro )

Gain : +11625.9%
Drawdown 100.00%
Pips: 19938.8
Trades 450
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Manual

Swing Trader PRO System Discussion

Mark (webdude2000)
Oct 26 2015 at 12:38
36 posts
Dionysus231 posted:
I caught a nice short on the usdcad with this system last night. manually closed at 50 pips. was up most 70 pips. drawdown was 32 pips. I have captured about 500 pips in the two weeks I'm using it. But I will say the lines that the system draws you for support and resistance tend to change slightly. So they are meant to be used as a guide and not an absolute. Give yourself some room to breathe with your stoploss


Rob, are you still pulling great winners on this system?

It would be awesome if Doug started trading it again so we can see the fantastic results.

I will probably buy a license soon as well but won't be able to monitor it for alerts during the day.

Rob Scelfo (Dionysus231)
Oct 26 2015 at 21:50
67 posts
Ill let you know end of this week. These trades average 4-5 days. I currently have 4 open trades. 114 pip drawdown at the highest and has been as high as 160 pips. Still love the system. I would like to see Doug make some training videos for using the swing trader pro software. The manual is good but just doesn't quite explain everything. Like maybe how long you should wait before trading pairs that experienced a news event or a huge 150-200 pip move recently. Im definitely learning much more and much faster manually trading so that's good. It has great potential.

tellanup
Oct 29 2015 at 10:40
131 posts
Rob,
Would you please share your overall feedback for the system so far.
Thanks

BigSteve
Oct 29 2015 at 14:39
101 posts
Six pages and it's still inconclusive. Are there any real users who can comment. We hear from Rob on the Channel Pro thread.
Are there any others here who trade real money live and can comment. Nobody on demo please. Demo is too easy to kill out and restart with near term start dates. Looking for six month live real money users.

Rob Scelfo (Dionysus231)
Oct 29 2015 at 20:07
67 posts
Overall I think it's a good system. I think I had some bad luck between big pivot trader drawdowns and channel and vortex losses so I ran out of margin and had a few swing trader trades close due to no available margin. My fault for risking too much across using 4 systems and too many trades open at once. So overall the system is good. But you also have to be a good trader. I'm making some rookie mistakes.

kjen17
Oct 29 2015 at 20:35
6 posts
is this not just same as MBFX, Centre of Gravity?

BigSteve
Nov 02 2015 at 09:49
101 posts
There does not appear to be any accumulated interest in this so I am moving on.

SST (superswingtrader)
Nov 05 2015 at 07:40
10 posts
I am planning to purchase swingtraderpro to give accurate feedback if its worth a punt, anyones interested in joining me to make shared purchase p.m me. We can try this one for couple of months as author stated if it works it works else we can climb refunds...

No point bad mouthing author and all that, also this one is manual system we decide the MM accordingly to trade.


MikeGC
Nov 06 2015 at 09:22
20 posts
Hi SST, I support your idea and look forward to seeing how you go. Unfortunately I can't join you as yet because I have other commitments till after Christmas. Would be happy to consider it then, but am not sure how it can be shared as there is probably a license agreement and a linking code stopping this.

Perhaps Doug could advise on this matter.

Only do, or don't. There is no try.
Pablo51
Nov 06 2015 at 14:43
91 posts
HI,

It is my first post here and I want to congratulate this community for the tons of useful information you provide to all traders.

I have been operating Swing trader pro for a month or so and I would like to share my experience.

So far I am very happy with the results but you must be aware of the following issues:

1. I am not risking more than 1% per trade. I am trading 18 pairs which normally means my open risk is about 5% at every moment.

2. Trades last a lot. My average is no less than 7 days.

3. Get ready for the trades to go south for a long time.

4. It is not a EA. It is a n indicator. It suggests you SL and TP points.

5. For successful operation you will have to adjust manually both for succesful trades.

6. It is not for beginners. You need to use judgement to close trades manually.

Overall it is a good indicator if you have experience in trading. Otherwise I believe it is nor for you.

And it requires a lot of patience and cold blood.

Forget about achieving the results showed in the myFxbook unless you take crazy risks. If your positions are to big the time the trades are in negative may create easily a margin call. Be prudent with your risk management.

Having said that I believe it is a good indicator.

Good trades.

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