December 7, 2010

Automated Day Trading System Review

Another day of winning trades called in our live trade room, but lets see how our fully-automated trading software did today.

The Euro Futures took 3 trades today, and as you can see, with a 20 tick stop and 70 tick target this looks great! We took 2 losses and end up making 70 ticks and losing 20…earned 50 ticks in our sleep today



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The Crude Oil Futures took more trades than the euro today because im running it on a faster timeframe (we will discuss in members training tomorrow)

You can see we took 6 trades today; 2 winners and 3 losses, and 1 trade is developing as we speak.

We lose 20 on the losses for a total of 60 ticks lost, but we earned 60 ticks per winner, and we had two, so we earned 120 ticks on the 2 winners and gave back 60 of it for the losses, no big deal. I’m also looking at a winner on the trade I’m in right now. Final target is just below 89.00

Tight stops and wide targets = success for an auto trader



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Gold futures didn’t do as well today, but you can see we made the money on Monday. We earned 40 ticks of profit on Monday, and then gave it back this morning.

I’m not too concerned with the daily trading results, I like these long term results. Take a look at the last 30 days on gold futures for this auto trader.

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This is very exciting stuff. Low drawdown’s, only 1.5 trades per day, it doesn’t get much better than this.

Remember, we have training on Wednesday for this automated trading system for members.

    schooloftrade

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