August 14, 2014

Automated Trading Strategy Review – Gold Futures

Gold Auto Trader

Gold has had an amazing week and hitting all of its trade straight out of the park with some awesome stats coming back this week!

Overall Gold has been VERY sideways and rotating back and forth from lows to highs and back again and this is opening up a HUGE opportunity for the FLEX Auto Trader to bank some serious cash with a net profit this week of $3,030

Gold Performance

Gold has had a killer week banking some massive profits overall bringing home $3,030 in total for us!

We have our largest winning trade coming in at $960 while the largest losing trade is back at $320. Along with this we have our average winning trade sitting at $798 while the average loser is still $320. This gives us a reward vs. risk average of 2.49 and a total profit factor of a whopping 4.16!

We are seeing an average of 1.00 trades per day but the hold times are quite large at 353.5 minutes on average.

Gold Executions

Gold had quite a few trades this week coming in at 8 trades. This gives us a commission cost total of $40 per contract traded.

We had 5 of them come in as winners while the remaining 3 as losers for a trade accuracy total of 62.50% to wrap up an awesome week for the FLEX Auto Trader!

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