Extremely profitable trading strategy.

Discussion in 'Strategy Building' started by Fred Proffitt, Jul 20, 2015.

  1. For the last 5 years I have been developing a trading strategy that has produced the metrics below. The trade are generated on both a demo and live platform.

    The results are from the Daily timeframe of the Majors and most used crosses. No leverage is employed on any trades. A 100 pip stop loss and a minimum of 10 pips or over must be gained before the stop loss is moved.

    Q1 - 315 trades 293 won = 93.0% profit £132,298.22 Win/Lose 13:1 Profit/Loss 10:1
    Q2 - 438 trades 407 won = 92.9% profit £160,665.86 Win/Lose 10:1 Profit/Loss 8:1
    Q3 - 73 trades 69 won = 94.5% profit £ 21,297.83 Win/Lose 10:1 Profit/Loss 7:1
    (to date)

    I have been trading this system on a live account with Oanda since the beginning of Q3 and am over £2000 pounds in profit. However I have another preferred strategy that I use daily.

    This trading system can deliver gains in all forex markets but demands of the user, their active attention and engagement with the market not least in the identification of the prevailing price action and the memorising of the indicator based set-ups that enable high probability trading opportunities.

    What do you think!
     
    Sam Featherstone likes this.
  2. JTrades

    JTrades

    Your system is utterly incredible.
     
    Sam Featherstone and barcadia like this.
  3. kut2k2

    kut2k2

    Please explain the difference between your Win/Lose and Profit/Loss ratios.
     
  4. NoDoji

    NoDoji

    So, with such high win rates and R:R ratio why aren't you using maximum leverage?
     
  5. Handle123

    Handle123

    Don't think there is enough information. If you been trading it since Q3, how come profits are so different? How much back testing have you done and you sample size way too low and duration is way too short. Base minimum is ten years and best is twenty years on daily bars, drawdown, time till new equity highs. How often is 100 pip loss occurs each quarter. Does system work over 24 hours or do all trades happen during certain times. Was back test done on daily bars or pip data within daily bars?
     
  6. Sniff, sniff..something "Stinks" here. It doesn't place orders in an automated fashion ?
    Oh, this is non-back testable then.
     
  7. sheda

    sheda

    Surfer.. blood in the water :p
     
  8. Turveyd

    Turveyd

    Sounds like a great opportunity to buy into a scam, but wait there is a better method, I will PM you immediately and offer both of my Kidneys for the even better method.

    Seriously, do you think we are that stupid and desperate ??

    Wonders how many PM's of desperate interest he's had LOL
     

  9. The only thing over 90% is that there is a 90% chance you are full of it!
     
  10. Thanks JTrades, I'm going to surprise you even more before I've done!
     
    #10     Jul 21, 2015