Many people will use the EURJPY as a proxy for the stock markets. The BreakoutMaster is a signal provider trading this proxy for the stock markets. The BreakoutMaster EURJPY has met our filter requirements for systems with solid RAR levels.
Upon closer examination of the actual trades, I noticed that from Sept 26 - Oct 31 2008, this system collected a net gain of over 5,000 pips. Since inception it has collected +4,628 pips. So that means a couple of things :
1) On a net basis, it collected all of its pips from the past 19 months in about a 30 day period
2) The remaining 18 months would have collected a net loss in pips
In essence, this system has yielded a 2.0 RAR because the drawdowns have been mild relative to the gains from Oct 2008. However, absent those drastically volatile times, the systems ability to produce gains at a good RAR ratio is hampered. Put another way, if you stripped out that Oct 2008 time period, the RAR would most likely be negative. Therefore, we are going to pass on considering this system for our portfolio.
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*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.
Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.
If you are interested in testing the strategy, you can dial down the trade size to 10k fixed lots as that is the smallest trade size you can place in an FSS account. Personally, I tend to favor the max positions less than 4. They don't offer as much via gains, but their drawdowns to be more conservative and the RAR's are in line with the larger max positions. That means, I won't need as much capital to trade them on a 10k fixed lot to try them out.
Hi again Jeremy,
I think we share some thoughts, I have done just this on a demo account and is testing some systems. They might look good but so far I am not impressed by the entry point's they choose. I also think many system seem to use a 300 pip stop which might be due to fluctuations in the market which will at a high probability make it possible to make some small gains even if the entry choosen is in the wrong direction ? Somehow the risk/reward ratio is not in play with these systems. They have a 300 pip stop and might take a 10 pips win ....
Quote:
Originally Posted by Jeremy Wagner
Is there a minimum number of currency pairs you need a signal provider to trade before you'll consider them? For example, how do you handle a signal provider that offers only 3 pairs and trades well versus another provider that offers 7 pairs yet only 3 of the 7 currencies trade well?
I am thinking of at least 75 - 80% should be working well. (Of course I prefer the higher probability). So if trading ten pairs at least 7-8 should be working very good and the 2-3 remaining should NOT be a disaster by any means. A system that works might not give huge gains, but should not make huge losses either. I consider any system making a 25% annual profit very good as long as it's drawdown is within reason.
From the stockmarket I know this is not so easy, not even for a trader. That's maybe why I am a bit sticky and will look close on the system I will try.
I like your analysis of the BreakoutMaster and I have also put that system aside. But due to it only makes 50% of the pairs it's trading profitable. This will not work in a changing market. (I belive any pairs special behaviour might change any time as the world is changing every day). And I would not feel comfortable going on holiday knowing my account will only have a 50% chance of profit).
The charts you refer to on the July 16 post show how the Dollar Bull GBPUSD system has lived up to its name. When the USD has gained ground, the system has typically gained. When the USD has weakened, the system has generally gone through a drawdown.
There are many traders out there with an ability to find turning points in the market. A trader with little time to trade could use the Dollar Bull and Dollar Bear systems to trade for them. All the client would need to do is turn the systems on or off at turning points.
If a client was not confident in their ability to turn the systems on/off, they could even use trend lines on the GBPUSD chart to help them decide. You can take this method and apply your own indicators to help you time the turning on/off of these systems. Food for thought...
So Sir that is Very very Interesting Thing .. I really will Join It And Understand About this Theory..
So It Also Available In Forex Trading Signal Set Up!!!
I think we share some thoughts, I have done just this on a demo account and is testing some systems. They might look good but so far I am not impressed by the entry point's they choose. I also think many system seem to use a 300 pip stop which might be due to fluctuations in the market which will at a high probability make it possible to make some small gains even if the entry choosen is in the wrong direction ? Somehow the risk/reward ratio is not in play with these systems. They have a 300 pip stop and might take a 10 pips win ....
I am thinking of at least 75 - 80% should be working well. (Of course I prefer the higher probability). So if trading ten pairs at least 7-8 should be working very good and the 2-3 remaining should NOT be a disaster by any means. A system that works might not give huge gains, but should not make huge losses either. I consider any system making a 25% annual profit very good as long as it's drawdown is within reason.
From the stockmarket I know this is not so easy, not even for a trader. That's maybe why I am a bit sticky and will look close on the system I will try.
I like your analysis of the BreakoutMaster and I have also put that system aside. But due to it only makes 50% of the pairs it's trading profitable. This will not work in a changing market. (I belive any pairs special behaviour might change any time as the world is changing every day). And I would not feel comfortable going on holiday knowing my account will only have a 50% chance of profit).
Best regards Rolf
Thank you for sharing your thoughts and analysis.
One other item to keep in mind, the pairs have been quite trendy for the past 12-18 months...except for the month of June 2009. Many of these pairs ranged during June so perhaps another item to consider is to analyze if the systems that hadn't done so well perked up in June. That would indicate the strategy on those pairs enjoy the ranging environment.
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*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.
Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.
So Sir that is Very very Interesting Thing .. I really will Join It And Understand About this Theory..
So It Also Available In Forex Trading Signal Set Up!!!
Or only in FSS!!!
Xiao, these strategies/systems mentioned here are available in the FSS. As a client, you decide if you want this strategy to trade automatically for you in your account. You can turn the strategy on and off at any time.
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Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information
*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.
Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.
The NZDJPY is known for its involvement in carry trading. The past 3 months have been relatively good months for carry trades. Today's system looks at the Everest NZDJPY. It trades less frequently than most of the other systems in the sort. In return, it will hold onto those positions on average longer than the others signal providers. It's past drawdowns are -1,445 on a close-to-close basis which is fairly tame for a system that could open 5 positions at one time.
The brown line below represents the 12 month anniversary. For systems that have been around 18 months or longer, I like to see that it produced a profit for each of the past 2 years. Everest has been able to do that.
This is an interesting system that is cut from a different piece of cloth because it doesn't trade frequently and generally holds onto the trades longer. Based on this, we will add this system to our 'consideration' list.
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*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.
Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.
Many traders will look to the FSS as a way to diversify their current trading. For example, if you have a good strategy for trading EURUSD, then traders will open an FSS account to trade a completely different pair to diversify.
Rarely, does a CHFJPY system hit the radar of possible systems to consider. A deeper look at its trades and this system enjoyed the benefits of the volatility we experienced in the 4Q 2008. The system collected net positive pips through that meltdown. However, it also experienced its largest drawdowns at the same time. If you were to calculate an RAR during that time frame, you would find the RAR would have difficulty getting above 1.0 during that volatile period...so even though it collected net pips, would it be worth the risk?
Outside of this volatile period the drawdowns are much smaller but so are the gains. Therefore, although this system is appealing because it trades an 'uncommon' pair, we will pass on it for the RAR portfolio.
__________________
Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information
*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.
Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.
One thing I am looking for when reviewing systems are abnormalities in the curve/trading. That can skew the results in one direction or the other making the results look better than what one can expect.
The StockWatch GBPUSD has a significant abnormality that occurred from late Oct to Nov 9. The system collected in excess of 8,000+ pips during that period. Times like those don't come around very often so I would not want to bank a system where the vast majority of pips collected were from 1 trade.
Absent that time period, the gains have been less than the Max DD which means their RAR would be less than 1.0.
We will pass on this system.
__________________
Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information
*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.
Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.
Out of the 1000+ systems, the GBPJPY Mover has collected the most pips since inception. That stat by itself did not mean it would make it through our sort, it is the amount of pips collected for each pip in drawdown (RAR) that puts this system up for review today.
This system's RAR is a very fine 2.5. That means for every pip in its largest drawdown, this system has collected a net of 2.5 pips. One thing I notice about this equity curve are the three largest drawdowns :
1) -$7,590
2) -$7,178
3) -$4,010
The equity curve continued to climb after each drawdown. The effect on the RAR means the RAR is also going to be moving up on average which is a positive sign.
Before you rush off and add this system to your portfolio, you will want to consider if you have enough capital to support the system. Since the 3 largest drawdowns above are based on a 10k trade size, an aggressive trader may need $10,000 to trade 10k positions. Otherwise, you run the risk of getting started in a drawdown that wipes out your starting capital.
Since our portfolio will have sufficient funds to trade this system, we will consider it for our RAR portfolio.
__________________
Enroll in our online FX Power Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in just eight lessons, we will teach you the fundamentals of Forex trading. Click here to get more information
*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.
Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.
Out of the 1000+ systems, the GBPJPY Mover has collected the most pips since inception. That stat by itself did not mean it would make it through our sort, it is the amount of pips collected for each pip in drawdown (RAR) that puts this system up for review today.
This system's RAR is a very fine 2.5. That means for every pip in its largest drawdown, this system has collected a net of 2.5 pips. One thing I notice about this equity curve are the three largest drawdowns :
1) -$7,590
2) -$7,178
3) -$4,010
The equity curve continued to climb after each drawdown. The effect on the RAR means the RAR is also going to be moving up on average which is a positive sign.
Before you rush off and add this system to your portfolio, you will want to consider if you have enough capital to support the system. Since the 3 largest drawdowns above are based on a 10k trade size, an aggressive trader may need $10,000 to trade 10k positions. Otherwise, you run the risk of getting started in a drawdown that wipes out your starting capital.
Since our portfolio will have sufficient funds to trade this system, we will consider it for our RAR portfolio.
Hello Jeremy Sir!!!
I would just Like to know about http://ca.finance.yahoo.com/q/bc?s=^VIX
VIX chart
this is a index chart so i just want to know Does that It Reflect any of Pair...just I have some Confusion...
I would just Like to know about http://ca.finance.yahoo.com/q/bc?s=^VIX
VIX chart
this is a index chart so i just want to know Does that It Reflect any of Pair...just I have some Confusion...
thank you sir...xie xie
This measures the volatility of the US stock market and has nothing to do with the FX markets. This thread is for those interested in the Forex System Selector offered by FXCM. Did you have a question on this subject?
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This measures the volatility of the US stock market and has nothing to do with the FX markets. This thread is for those interested in the Forex System Selector offered by FXCM. Did you have a question on this subject?
Yes sir when I got Any Good Question I surely Ask To Jeremy Sir..
But Mr Long . Some One said The VIX index Refelect the Moves That You can Calculate By Any Single Pair,,
But now I know he is got Wrong...
may be I dont know about VIX index...
thank you for help , and sorry For Asking a Different Question In Different Room...
you are reviewing system as I am doing. I just for my own purpose but it's very interesting to get your opinion on the systems and to take part on how you are thinking.
I am doing some testing and at least I have found some systems I really don't like. Also found one I really like so far, have the flaw of not so much data to go on yet. I will come back about this system later, (so far I think it's manual ... ).
However I also found this, look at the attached snapshot from last week on the EUR/GPB pair. I have marked where the positions where taken. The first position I think is not so bad, however I think it was taken a bit too high and when looking at the stop a whopping 350 pips I think the idea is wrong. Then when the market moves the wrong way the system continue to buy in the "wrong" direction which if this was the USD/CAD pair would cause a meltdown.
Between the bands there was about 100 pips at the moment, having a 350 pips stop would only work if the pair is ranging. If there will be a breakout or in a trend this strategy will fail badly. With this strategy in a ranging market should be the same as to toss a coin on when to go in and another in which direction to go. With wide stops there should always be a profit as long as the range holds. However, is this trading ? Note, the bands is very narrow too, which might forecast a breakeout.
Yes, I am looking how the systems make the trades. I want to feel convinced the system I choose will make a good work.
Systems that seem to perform good and make a lot of win trades maybe not that good. Have a look at this picture. The system makes a lot of trades. Win mostly, have a huge stop considered the pips won per trade. (To get a nice statistic maybe). However this form of trade is more aimed at getting one dollar per trade than to gain money for the account. Also probably trading in the 5 or 15 minutes data.
1. The first trade is a sell in a down move. Not bad. But taken just as the RSI reach 30 in the 15 min chart. And the slow stoch.. just about to cross the other way. So right when a correction might be expected. (Or a turn). Which starts on the next candle.
2. This first trade is closed at the bottom. Very very good, just as the Slows cross. A new trade is open in the opposite direction. This is extremely well placed, (too good). However .... that new trade is closed just as the market moves in the right direction and there is no reson to close it at all.
3. This trades is not so bad looking in the 15 min chart. Looking in the one hour chart gives quite a different view on things and makes the choice really "horrible". Especially closing the second trade when it should be opened .... when considering a h4 chart.
4. After this the system makes something I really don't even want to understand. It starts to make a number of small win trades in a move up and sort of just stay in the market for one candle at the time in a 15 min chart. This makes bucks for the system, not for the account.
5. The system takes a profit on one candle at 6 pips, with a stop of > 300 pips ...., this could not be good money management ....
Yes sir when I got Any Good Question I surely Ask To Jeremy Sir..
But Mr Long . Some One said The VIX index Refelect the Moves That You can Calculate By Any Single Pair,,
But now I know he is got Wrong...
may be I dont know about VIX index...
thank you for help , and sorry For Asking a Different Question In Different Room...
Hi Xiao. As Tom mentions, the VIX is for calculating stock market volatility. When the stock market is correlated to certain currency pairs you may find the VIX giving a clue about the FX market, but don't be fooled...VIX is a stock market indicator.
If you are interested in finding a way to calculate volatility in the FX market, you can use ATR (Average True Range).
__________________
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*Past performance posted by Signal and Systems Providers (“Providers”), is not necessarily indicative of future results. No representation is made that any account is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. The composite monthly results are primarily hypothetical results of the master demo and its representation of the Providers, though performance results displayed may represent a combination of live and hypothetical results and are not exclusive to either. There are numerous other factors related to markets in general or to the implementation of any specific trading program that cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. In the event that specific trades were simultaneously executed in hypothetical and live, real-time trading, the lesser of the two results will be displayed. There is no guarantee that one applying these methodologies would have the same results as the hypothetically posted. Since trading successfully depends on many elements including but not limited to a trading methodology and a trader's own psychology, the web site does not make any representation whatsoever that the above mentioned trading systems might be or are suitable or that they would be profitable for you. Please realize the risk with any investment and consult investment professionals before proceeding. The trading systems herein described have been developed for sophisticated traders who fully understand the nature and the scope of the risks that are associated with trading. Should you decide to trade any or all of these systems' signals, it is your decision.
Links to third-party sites are provided for your convenience and for informational purposes only. Forex Capital Markets LLC bears no responsibility for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Such sites are not within our control and may not follow the same privacy, security, or accessibility standards as ours. Please read the linked websites' terms and conditions.
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
FSS
