Summary for the last month:
Losses (BE) Wins
1 -430
2 (20)
3 (20)
4 1300
5 (20)
6 (-45)
7 800
8 1000
9 (20)
10 -150
11 (20)
12 -190
13 (0)
14 1100
------------------------
Loss pips:-770
BE pips: 55
Win pips: 4200
-------------------------
Balance: +3485
-------------------------
(Note: the wins were a little larger than I'm showing here, as I usually deduct about 60pips from the winners to allow for slippage, spreads, swap, etc. in the calculations.)
All the trades were entered manually, on 15m or 1h charts. I used S. Hopwood's MPBM EA to manage the trades when I couldn't watch the charts. Settings: SL=400 pips, BE=20 pips when profit reaches 200 pips. I always exit when the 15m HAS changes. I follow the system as much as possible.
I have been extremely fortunate to be able to catch some of the good swings and ride them close to the end, yet the BE has kept me from getting killed in the chop.
See the table above, there was only one stopout due to the SL being hit. The rest of the losses were due to HAS color change. A few relatively small losses, several BE trades, and a few relatively large winners. The W:L ratio is about 5:1 which will cover a lot of small losses.
Using Kos' basket trading system, I have been able to get nearly a 100% increase in my account (live) this month without taking huge risk, and without too much stress. If I can average even 1/3 of that return over a year I will be thrilled.
Below is a screenshot from the first chart I posted here when I started trading a live account with the system, overlayed with the most recent account balance on the terminal. There have been no funds added or withdrawn and the only trades that have been taken are from this system. See the original post: http://www.forexfactory.com/showthre...73#post6348673
Thank you very much kos.
... Dave
Losses (BE) Wins
1 -430
2 (20)
3 (20)
4 1300
5 (20)
6 (-45)
7 800
8 1000
9 (20)
10 -150
11 (20)
12 -190
13 (0)
14 1100
------------------------
Loss pips:-770
BE pips: 55
Win pips: 4200
-------------------------
Balance: +3485
-------------------------
(Note: the wins were a little larger than I'm showing here, as I usually deduct about 60pips from the winners to allow for slippage, spreads, swap, etc. in the calculations.)
All the trades were entered manually, on 15m or 1h charts. I used S. Hopwood's MPBM EA to manage the trades when I couldn't watch the charts. Settings: SL=400 pips, BE=20 pips when profit reaches 200 pips. I always exit when the 15m HAS changes. I follow the system as much as possible.
I have been extremely fortunate to be able to catch some of the good swings and ride them close to the end, yet the BE has kept me from getting killed in the chop.
See the table above, there was only one stopout due to the SL being hit. The rest of the losses were due to HAS color change. A few relatively small losses, several BE trades, and a few relatively large winners. The W:L ratio is about 5:1 which will cover a lot of small losses.
Using Kos' basket trading system, I have been able to get nearly a 100% increase in my account (live) this month without taking huge risk, and without too much stress. If I can average even 1/3 of that return over a year I will be thrilled.
Below is a screenshot from the first chart I posted here when I started trading a live account with the system, overlayed with the most recent account balance on the terminal. There have been no funds added or withdrawn and the only trades that have been taken are from this system. See the original post: http://www.forexfactory.com/showthre...73#post6348673
Thank you very much kos.
... Dave