http:www.myfxbook.com/members/ForexAssistant/passive-income-generator/685841 This one was written by my first student, programer and most importantly, friend. It feathers into a trade but closes out all at once. Every time you see a loss, look at the other trades that closed at the same time, the total is always in profit. Slightly higher risk than RISE but still ultra safe.
CrazyTrader posted: Guys remind me to post here : )
Ok mate 😄 At first I was trading aggressively, but after learning much things with my friend crazytrader, I changed my style and attitude. Now I rely on discipline and MM to make money on forex. My target is to make 5-10% every week with a very very low risk! Here is system dedicated for autotrading: https://www.myfxbook.com/members/FxProdz/ifxpro/836574
In my opinion the best system is must meet the following points:
1. A real (or demo) with at least 3 months history. 2. Drawdown of no more than 11%. 3. Floating Drawdown of no more than 15%. 4. Return of at least 30%. 5. Average pip win per trade of at least 30. 6. Avg. Trade Length at least 1day. 7. System must not use any scalp/martingale/grid techniques. 8. At least 100 trades. 9. Best Trade at least 200 pips. 10. Profit Factor at least 2. 11. Profitability at least 60%.
ProTradersGroup posted: In my opinion the best system is must meet the following points:
1. A real (or demo) with at least 3 months history. 2. Drawdown of no more than 11%. 3. Floating Drawdown of no more than 15%. 4. Return of at least 30%. 5. Average pip win per trade of at least 30. 6. Avg. Trade Length at least 1day. 7. System must not use any martingale/grid techniques. 8. At least 100 trades. 9. Best Trade at least 200 pips. 10. Profit Factor at least 2 11. Profitability at least 60%
Happy trading :)
1- Real and demo doesn't work the same way and actually 3 months isn't enough! 2- As per average win/loss and best trade etc..., I think it's easy to play with these figures to make your average loss very low and average win very high, same thing with trade length,, so for me it doesn't prove anything! 3- Drawdown is very important, but since with myfxbook autotrading we can control the Drawdown stop by editing advanced setting, so I think the most important thing here is profitability and how long the trader survived.
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