Originally Posted by golfsailor

Hi cyberbro,

you should carefully analyse the performance of a system. I think not only one pair but we have to look at all the pair one system is trading to get a view on how it is performing. Jeremy is doing a good work explaining what is important too, though I think it's adviseable to be very carefull here. There isn't many systems making money even if it look like that at the first glance.

I have a demo account just to see how the different systems is trading before I will use them myself. Right now I am testing one system that have not have any draw down before but right now are stuck in ten positions with more than 200 down on each. This system just buys more as the trade goes agains it and the strategy is the price will turn back. However this is not always true and they sometimes will hit the stop even if it's huge and then if we don't have a well founded account we might have a margin call. So if you consider playing this game with a small amount in your account you should consider finding a "trading" system with less stops and one or or two positions with a good record.

Considering 1-wang their record show a net loss of 72032 since the start and have an average 48 pip loss on each trade. (Taken all pairs). So when trading seven pairs and six of them is loosing I would expect the last one to start loosing too. The RAR factor is 0,25 at the best, the others is negative. Jeremy want this to be 2,0 or better which is adviseable.
You could also see they have (USDCHF) a winning % of 82 still loosing money.

I think you should be able to find far better systems here. Jeremy will help you out I think.

Best regards