If you were asked how you felt about a system that has actual trading experience for 3 years and has been profitable for each of the past 3 years, how would you respond?

An internet search of trading systems that have been around at least 3 years will offer few results. Therefore, a system that is able to survive 3 years and produce a profit in each of those 3 years grabs my attention. You may have heard of this system before as the Quants-MiniMac EURJPY has been in our Low Equity Portfolio since February. (Click HERE to see a prior review.)

On the equity curve below, I have placed a green circle on the anniversary date of the system. Each year, the equity curve is higher than the year before indicating a profitable year. I have highlighted the largest DD for each of these years. These drawdowns have been steady and the system is still able to produce profits for each of the past 3 years. I am a little concerned that if you compute an RAR for each year independently, that RAR is dwindling. However, this is a minor concern now as this system has been able to stand the test of time thus far.

We will keep this system for future consideration in the RAR portfolio.

Attached Thumbnails

 

__________________
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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.

hi Jeremy,

Where can i find the Low Equity Portfolio?

many thanks,

Vasu

Hi Vasu...

It is generally found back around pg 10 of this thread. I have included some links below that would take you to each some of the recent posts for the portfolio.

Recent Low Equity Portfolio Update

Beginning of Secondary Review

Additional Post 1

Additional Post 2

Additional Post 3

Additional Post 4

Additional Post 5

__________________
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 USDCAD is the second currency pair from the IntelliForex-Swing strategy to make it through our RAR filter.

Many of the same qualities that appeared in the USDCHF pair show up here as well. (Click HERE for IntelliForex-Swing USDCHF Review)

This second year has not been as good as the first one for the USDCAD. The net pips collected this year have all been given back in the recent drawdown.

I do like how the signal provider was able to steer clear of the 4Q 2008 volatility. I did a quick combo portfolio of the IntelliForex-Swing USDCHF AND USDCAD systems combined and I like the result.

Therefore, we will only consider the USDCAD system if at a minimum we combine it with the USDCHF system. Together they don't generate a lot of trades, but could help smooth out a combined portfolio equity curve when including additional signal providers.

(By the way, for the low equity clients, these two systems combined don't offer a lot of flashy trades, but has been steady and more conservative for a couple years.)

Attached Thumbnails

 

 

__________________
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.

System: 1-wang usdcad

Here is a system that in it's whole history has 64 trades since April 5th 2009
and has a Win% of 98.44, a max DD of -37.3 and an MP of 4 According to the performance tab.

So last night (Aug 21 2009) it does over 100 trades and looses almost all of them?


Something is very wrong here!

Have been looking into the trades. to me not looks that bad. The bad thing is the "system" seem to chase the trade and not let the market come to the system.

However, seems the "bad" trading started on the 19:th.

And you should have a look at this picture too. Then not be surprised when the trading is not working.

Best regards

Attached Images

 

If I bought on the 17Th, how would I not be surprised on what happens 2 days later on the 19Th? Am I missing something with your post?
The picture shows the first day of trading 4 months ago, I should have seen it coming because they had a rough start 4 months ago on the first day of the sytem?

I'm looking to learn and just want to see the logic.

Thanks

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

Now I have a list of the most effective systems. (US$ per trade in average).
Anyone interested, send me a message.

CU

Now I am getting it and that does make a lot of sence.

Now re-looking at a few sytems what do you think of the DailyTrend? Looks kind of strong to me.

Thanks

Hi again cyberbro,

yes DailyTrend is making profit so far. The system is rather new and the record is made on 73 trades so far on the EURUSD pair. The system have not yet a substantial drawdown. I would try that system on a demo account too see how the trades is made and if I like it I would use it on a live account.

There is some other systems you may have a look at :

oleforex, (makes most pips per trade on FSS, even if august was bad).
Scorebot SG
TNT
Palatine

Then if you have a well founded account you may consider :
Lipid Mobilization NH
Secretory Rate NH

CU

There are many good systems and others that in my opinion aren't built for FSS. The first filter I always look for is that I want systems that have been around at least 10 months. This system has a start date of April 2009, but when you look at the actual trades, the first trade was Aug 5, 2009. So due to its newness, it would never hit my radar at this point. I feel that if the system can 'survive' a year, then it has been able to do something many others cannot.

Many newer traders focus on win% of the trades as a gauge of success/failure. As you can see it can be misleading and that's why win% is 2nd or 3rd tier for me. Many times, you will find systems with high win percentages will carry losing trades for losses at 100-200 pips while their winners collect only 10-20 pips. Look at the trade details and you'll see what I mean.

Golfsailor brings up a good point where each of the currency pairs traded show heavy losses or heavy risk in the short amount of trading. This is a clue that the system is not built for the current market conditions (because we have only a few weeks of data).

In my opinion, look for :
1) Look for systems that have been around the block
2) Filter systems according to risk (max DD and RAR)

These two filters will narrow the list down significantly and keep you away from these types of providers so you can spend time on more fruitful providers.

__________________
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 challenge with considering 'new' systems is that you don't have a basis for the risk involved in trading it.

For example, if you were going to walk across a wooden bridge held together by ropes, would it matter to you how deep the valley is below? What if the ropes break the valley is only 10 feet deep. What if the valley is 100 feet deep? What if the valley is 1000 feet deep?

Many of us could withstand a fall from 10 feet. However, a fall from 100 feet or 1000 feet would be too great for most people to survive.

So when looking at systems, I want an idea of the risk involved to my hard earned capital. Returns are only part of the equation, the risk involved in obtaining that return provides a more complete picture. I feel like I can't obtain a gauge on the risk unless the system has had to endure 'the test of time' and changing market conditions.

So with newer systems, you are susceptible to surprises. Older systems give you a sense of could be.

__________________
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.

I enjoyed your Webinar earlier this evening. My question is: I was looking at the FSS Platform and looked at the Equity Curve Chart and was curious as to why the starting place was 0 (Zero). I take it that doesn't mean the account size, but the start of profit or loss???

Yes, you are correct. That curve shows the net profit/loss from the designed starting point.

__________________
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.