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RE: Looking for EURUSD breakout system
Hi ElCameleon
Based on the image you submitted, it seems that while the system has done very well, that the equity curve remains choppy. When assessing the risk you want to look at both the Maximum Drawdown and the peak to valley that you see on the equity curve. You may consider pairing this system up with a range bound system to smooth out that curve.
The upside is that this system typically only holds 1 position at a time (as shown in the max positions). Although it may at times open more than 1 position, for the most part we can assume that with a 10K mini lot this one system will not raise your leverage too much. The goal when starting out is to keep it below 10:1.
If you want to learn more about this particular system & contact the system provider, you can go to the PERFORMANCE RESULTS on the FSS home page and click on "systems."
I would say try it out on your demo for a while and see how it goes.
Good luck!
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