April 12, 2011
Automated Trading System Strategy Review Gold, Crude Oil, Russell, Euro
var _bcvma = _bcvma || [];
_bcvma.push([“setAccountID”, “7106636972972871068”]);
_bcvma.push([“setParameter”, “WebsiteDefID”, “930599811478207608”]);
_bcvma.push([“setParameter”, “InvitationDefID”, “175411495957779986”]);
_bcvma.push([“pageViewed”]);
(function(){
var vms = document.createElement(“script”); vms.type = “text/javascript”; vms.async = true;
vms.src = (‘https:’==document.location.protocol?’https://’:’http://’) + “vmss.boldchat.com/aid/7106636972972871068/bc.vms4/vms.js”;
var s = document.getElementsByTagName(‘script’)[0]; s.parentNode.insertBefore(vms, s);
})();
Hi guys, let’s review our automated trading software results for the last few days.
Two things to remember about this automated trading system:
– This time if year is very sloppy, so we have fewer trades the past 2 weeks
– My goal is $1500/month/contract with low draw-downs
Let’s start with our favorite commodity….gold futures.
First let’s see how this week looked, it was a rough 10 days on all these markets, so lets see how we did.
 |
| GC Schooloftrade.com Auto Trader |
We have an average of 1 trade per day on all the markets we trade, and gold continues to do well.
Three trades this week, 2 losses and 1 winner.
Look closely, the loss is only 35 ticks, and the winner is for 95 ticks. It will take 2.71 losses to take back 1 winner, so as long as we have 50% winners we are great!
So we made money this week, even in this challenging environment.
Lets look at the 30 and 60 day numbers on this to get a better idea of overall performance and what YOU can expect to earn on average.
 |
| GC Schooloftrade.com Preformance |
My automated trading system earned $5740 on gold futures in the last 60 days, this hits our monthly goal of $1500 easily.
We averaged $2,870 per month per contract on the gold. No overnight margin needed!
That’s exciting, but what we really like is the LOW DRAWDOWN of only $1950, that means that a $2000 account will be enough for you to trade the gold. How easy is that?
I love the fact that in 60 days of trading this auto trader ONLY took 47 trades. If you pay $5/rt commission you spent $235usd with your broker, and you earned profit over $5700.
Seems too good to be true. It certainly isn’t. Gold looks GREAT, lets keep moving…
How about the Crude Oil Futures?
| CL Schooloftrade.com Auto Trader |
Ouch! 3 losses today on crude oil futures….that cant be good….can it?
Look closely, those losses are small, they only cost you 35 ticks, and the winners earn you 95 ticks, so again, the win ratio does NOT need to be very high.
So three losses whipped out our last winning trade….boo hoo 🙂 lets look at our performance over 30 and 60 days to get a better idea of what you can expect in the long run.
 |
| CL Schooloftrade.com Preformance |
Wow….these long term numbers look great. So much for worrying about those losses.
You can see profit of $9,220 per contract over 60 days, with a monthly average of $4,610 per month per contract.
Did I mention that my goal was only $1500/mo/contract? I like this.
Commodities look good….how about currencies?
Here’s the Euro Currency Futures….
 |
| Euro Schooloftrade.com Auto Trader |
The euro has been really choppy along with the dollar index the past 2 weeks, and that has resulted in the same on most currency futures.
One of the things I LOVE about the automated trading system is its ability to stay out of the worst times of the market. This chart is a good example of this.
We took 1 trade and 1 loss the past week, so clearly the auto trader is waiting patiently for the best opportunities to trade.
So not much action this week, but lets look at the long term performance on the Euro currency futures.
| Euro Schooloftrade.com Preformance |
As you can see the Euro is right on target
– $1500/mo/contract average
– Less than $2000 drawdown so you can use a small account
– Only 20 trades taken to earn $3825, so you only spent $100usd in commissions to your broker to make this profit
– Love it!
For a market that has been SO choppy the past 30 days these are impressive results.
I can’t forget the mighty E-mini Russell (TF) futures….let’s see how we did this month so far…
 |
| Russell Schooloftrade.com Auto Trader |
You can see only 2 trades this week, 1 loss for 28 ticks, and we are currently in a long position from 820.9 with a final target 200 ticks above us.
Correct…28 tick stop….200 tick target…..you think this is going to look good?
| Russell Schooloftrade.com Preformance |
Our low risk/reward ratio works wonders for the e-mini Russell.
This automated trading software earned $6430 over 60 days, with an average of $3,215 per month. Again, this is well above our monthly goal.
We only lost $1770 on the account so you don’t need a big margin account from your broker, and we only took 40 trades, which costs us $200usd in commissions.
Ill spent $200 with my broker to earn $6430 any day of the week, and I think you would too.
So whats next?
How do you start using this tool on your own computer?
Im going to show everyone how to use this great tool tomorrow in our members training @ 1130am EST.
Contact our sales team for more info on membership.
See you in our live trade room tomorrow @ 745am EST…..my auto trader will still be running J
