April 1, 2011
- in Uncategorized by schooloftrade
Automated Trading Software Strategy Review
Its about that time again, lets see how our auto trader has done this week, and for the month of March.
Remember, all of these numbers are for 30 days and 1 contract.
Lets start with Gold Futures.
One of the best parts of this auto trader is the LACK of trades when times get tough. Don’t tell your broker, but they wont be making their Mercedes payments off THIS auto trader!
We only took three trades on gold this week, but they were all winners. We earned over 300 ticks this week on the gold. That is $3,000 on only 1 contract this WEEK.
That’s great, but the REAL info is in the performance report.
Look at the 30 day results for gold on 1 contract. We earned over $5000usd in March on 1 contract, and we only took 22 trades to accomplish that.
22 trades? Wait….that’s all? You mean ALL we paid for commission was $5 x 22 = $110usd?
One more time….spend $100 in commissions….earn $5,000…sounds too good to be true.
Is it?
Look at the draw-downs on this…another great aspect. Less than 1% drawdown…wow. That means your auto trader won’t take back your profit more than .75%…wow!
So this performance report tells me
– Gold earned $5000 this month of March 1 contract
– It only spend $110 in commission on only 22 trades
– It never had drawdown more than 1% of your account
– It never over-traded during the hard times
I don’t know about you, but this is pretty exciting stuff, and we watched this all work wonders this week for our members.
Gold looks great, but how about the Crude Oil Futures?
There’s NO WAY that a crazy market like crude oil could be handled by an automated trading system….right?
Looks like I may have spoke too soon J
Crude entered 4 trades this week, and they were all winners ( i swear, this doesn’t happen that often…all winners…usually we get a loss or two in there).
All winners are great, but we do expect to see losses, this auto trader kept itself out of the market while the times were tough…exactly what we want.
– 100 tick targets on crude oil = big winners
– 30 tick stops on crude oil = small loss
– Big winners + Small losses = big success for our members.
Crude earned $7900 on 1 contract in the month of march, but that’s NOT the impressive part.
30 days of trading, 28 trades, less than 1.75% draw-down on the account, and we took all winners this week.
Our month of march looks great on 1 contract for crude oil.
Ok, lets check out our e-mini Russell futures…
The stock indexes are always going flat and chopping up these days, but lets see if the auto trader can trade around the slop and chop of the e-mini Russell
The Russell is a great example of what happens when you have wide targets and narrow stops.
You can see this week alone we took 4 trades.
1 winner on the 29th, then a loss last night, another loss this morning, and we are now short from 47.5.
Look at those numbers closely….
100 tick target….30 tick stop.
That means the winning trade we took on the 29th has NOT been taken back by the THREE losses.
Wow, so a 30% winning ratio will STILL MAKE YOU MONEY with this auto trader. That’s pretty amazing if you ask me.
We need more than 3 losses to take back 1 winner, and that’s why our monthly numbers look so great.
Over the past 30 days we’ve earned $6600 on the e-mini Russell.
We only took 33 trades to do this, only 2% drawdown, and amazing that with a week of more losses than winners, we STILL earned a profit.
Anyone else loving this along with me?
Today I was day trading gold, and while im doing this, the auto trader is making money for me in the background.
We did a special training this week for members on this automated trading software, and we will continue to train our members next week on how to get the most profit from these markets using the auto trader.
