Just to give you an example I let a nzd/chf go over -700 pips in the hole, after battling it for 3 weeks, I only have 170 pips left to break even. So the system is workable and can be taught. I have had 3 trades now go over -700 and so far I have had the following success. AUD/JPY less than 50 pips to break even. NZD/CHF 170 pips left to BE. GBP/CHF just went over 600 pips in the hole, chf/jpy almost 800 down but have recovered 15%, Eur/Cad at -550. If I can successfully finish these off back to BE then I know I can teach you all how to do it.
Just to inform you of my results all but gbp/chf I have recoverd to almost BE using 10.0 I closed gbp/chf for a loss because I finished my testing and was satisfied with the results. Over all in the month of June I pocketed 2x in profit as compared to losses. On a 3000 dollar demo account trading nothing bigger than a nickel I increased the account 4.4%. I could have easily traded 2000 with kind of money and account increase would have been 6.8%. If I had traded a 1000 dollar account the increase would have been 13.6. So first level was .02 2L .03 and 3L .05. This equals my .10 I like to trade with 1000 dollars. However, you would be much better trading .05 per thousand to give your self breathing room or have a 1000 you can add to the account in case of reaching your margin with the new rules. Anyway I think 10.0 recovery works well and I am very comfortable with it. I still am not finished with using it on volatile currency pairs and must test different numbers for those but for pairs whose volatility I rate 1-4 it is excellent and the 5 and 6 volatility pairs needs some work. Sometimes with #4 volatility pairs you will need to do 10.0 recovery twice.
Just to inform you of my results all but gbp/chf I have recoverd to almost BE using 10.0 I closed gbp/chf for a loss because I finished my testing and was satisfied with the results. Over all in the month of June I pocketed 2x in profit as compared to losses. On a 3000 dollar demo account trading nothing bigger than a nickel I increased the account 4.4%. I could have easily traded 2000 with kind of money and account increase would have been 6.8%. If I had traded a 1000 dollar account the increase would have been 13.6. So first level was .02 2L .03 and 3L .05. This equals my .10 I like to trade with 1000 dollars. However, you would be much better trading .05 per thousand to give your self breathing room or have a 1000 you can add to the account in case of reaching your margin with the new rules. Anyway I think 10.0 recovery works well and I am very comfortable with it. I still am not finished with using it on volatile currency pairs and must test different numbers for those but for pairs whose volatility I rate 1-4 it is excellent and the 5 and 6 volatility pairs needs some work. Sometimes with #4 volatility pairs you will need to do 10.0 recovery twice.