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In this video we review the trading statement of Jared Martinez, Founder and CEO of Market Traders Institute. You can see his statement on MyFXBook here.
Here are some key points presented in the video:
1. Martinez is up 94.99% in just over 5 months.
2. He wins on 53% of his trades.
3. His win size/loss size ratio is about 1.38.
4. He can use significant leverage; his statement shows up to 25:1 leverage.
5. Martinez does not always use stops or limits.
6. Maximum drawdown, from top to bottom, is 27.9%.
7. Martinez focuses primarily on trading the yen.
8. The duration of the trades can vary greatly, ranging from under half an hour to several weeks.
9. The biggest gain on any single trade Martinez put on was over 11%. The biggest single loss was a little over 6%.
Personally Martinez takes on more risk than I prefer -- as expressed via the high leverage and the frequent absence of stop loss orders -- but the positive results suggest he is being well-compensated for the risk he is taking. Moreover, the 50%+ win rate and the win size/loss size ratio of 1.38 are also suggestive that while larger risk may be assumed, the rewards sought are even larger.
To learn more about MTI, try the links below:
Register for a free webinar with MTI
See our previous review of MTI
In this video we review the trading statement of Jared Martinez, Founder and CEO of Market Traders Institute. You can see his statement on MyFXBook here.
Inserted Video
Here are some key points presented in the video:
1. Martinez is up 94.99% in just over 5 months.
2. He wins on 53% of his trades.
3. His win size/loss size ratio is about 1.38.
4. He can use significant leverage; his statement shows up to 25:1 leverage.
5. Martinez does not always use stops or limits.
6. Maximum drawdown, from top to bottom, is 27.9%.
7. Martinez focuses primarily on trading the yen.
8. The duration of the trades can vary greatly, ranging from under half an hour to several weeks.
9. The biggest gain on any single trade Martinez put on was over 11%. The biggest single loss was a little over 6%.
Personally Martinez takes on more risk than I prefer -- as expressed via the high leverage and the frequent absence of stop loss orders -- but the positive results suggest he is being well-compensated for the risk he is taking. Moreover, the 50%+ win rate and the win size/loss size ratio of 1.38 are also suggestive that while larger risk may be assumed, the rewards sought are even larger.
To learn more about MTI, try the links below:
Register for a free webinar with MTI
See our previous review of MTI