Capital Weightlifting Championship

Just an update on my results. I have taken a bit of a beating this past week or so with 4 straight losses,1 B.E., 1 win (+1) then another loss (+0).

It has been a bit painful but my other systems have struggled in this period too. It is inside my plan that this does happen and up to me not to get timid because the market hasn't been favourable.

In fact, this is where I believe the MM of this system actually steps in to help. As I have previously mentioned, my trading goes though stages when I tend to lose a few trades (especially 2:1) in a row then when the market comes good I do the same for win streaks. The losses in those streaks are kept to a minimum and when the market springs to life I am able to make the best of it within my profits.

I am still here

I have been short of time again due to other commitments but from here onward I should be able to put the time needed to this system.

I have been hit quite a few times with losses but a couple of wins too. I am still on the first set at level 2 with a few attempts left before retreating back to level 1.

Welcome back

Cheers mate. Hoping some are still trying this system, I believe it has good potential. I have started another account, trading normally but using the same MM system.

I am working this system again along side my normal account. It has never been far from my mind as my day to day results of my trading suggest this could work well.

The major problem I have is leverage. I am a trader who best operates on ST charts and as the account grows so does the amount of pips needed for potential 2/1 wins. The problem is- this is a numbers game. With my test results potentially over a thousands trades are needed and if I enter into the long term charts, well, it wouldn't be worth the time. However I will cross that bridge when and if it arises.

I am currently 22 trades in but without a 3/3 score yet, I'm not worried. I have reached 2/3 twice but have fallen back again each time.

My trading win/loss ratio is 7/14 (I have 1 B.E. that I don't include in my results and 90% of the time they are B.E.+).

So my W/L Ratio is 50% and in my test results (the download on front page) I needed just 40% for this to work.

Currently in a 2nd trade with previous being a winner. If I get enthused I will post my spreadsheet of up to date results at some stage.


A very long way to go yet with many more trades needed to make a stable result base but always need to start somewhere.

So I finally have 3x net wins that has erased all previous losses putting me in profit.

I reached +2 net trades 3 times previously. The first +2 net trades I missed the 3rd TP by just a few pips, the second was just a loss and the third +2 trades on the 3rd I made it 3 quarters+ into profit before PA turned.

The point is, I am happy with my results so far and am looking to improve my win ratio as I have been close to wins that lost quite a few times and also a few non-disciplined trades without a proper plan that lost.

I have had 2x break even+ trades that I ignore on my W/L ratio stats page.

With this system I pretty-well do or die on most of my trades with next to no trade management because I have created a strong plan (most of the time) that should reach my point of destination. The only time I may BE is when the reason for my trade goes wayside and even then I may leave it open for a gamble (especially if currently in a loss). I'm not too concerned about news breaks aside from spread increases because I believe most of the time the market makers are already entering the market and I am following their order flow.

Here is my W/L chart