April 21, 2011
- in Uncategorized by schooloftrade
Automated Trading Strategies and Software Review Crude Oil and Euro Futures
Hi guys, we had a great week of discretionary trading in our live trade room, and now its time to review some of the markets we trade with our automated trading system.
This auto trader does 100% of the work for you, truly “set-it-and-forget-it” trading.
Let’s begin with one of our favorite currency futures, the Euro (6E)
· We took 3 trades this week. 2 losses and 1 winner.
· Loss = 35 ticks
· Winner = 87 ticks
· As you can see, we earned a weekly profit with 2 losses not equaling the 1 winner.
These weekly results are good, but I’d rather see how the LONG TERM results were…
– $5,975 over 90 days
– $1,991 per month
– This is only 1 contract
– Only took 33 trades to do this (33 x 5 = 165 in commissions)
– Very efficient way of earning income, drawdown is less than 2%
– Can be traded with or without overnight margin requirements
Next…lets take a look at the mighty Crude Oil Futures contract…
– Crude oil took 5 trades this week; 3 winners and 2 loss.
– Each winner is worth 100 ticks and each loss is only 35 ticks
– Easy to see we made great profit this week
I like the money we earned this week, but lets take a look at the 90 day results
– We earned $13,910 in the last 90 days
– Trading 1 contract
– No overnight margin
– Averages to $4,636 per month
– Did I mention this is only 1 contract? I did? Ok.
– We only took 53 trades to accomplish this profit (53 x 5 = $265 commissions)
– Rock-bottom drawdown…
– Start with only $2,500 in margin on crude oil, no overnight!
Some helpful info on this automated trading strategy:
– Included with Advanced Membership
– Avg $1500/mo/contract (no overnight)
– Trade as many markets as your account will allow
– Requires $2,000/contract you want to trade
– Does 100% of the work for you
– Flat Overnight = Low Risk = Low Margins
– Entry, Exit, Trade Management, everything
– Small Drawdown = Great equity curve
– Low Risk Reward Ratio (20tick stop / 80 tick target)
– Licensed to the individual trader
– Includes all future up-dates and 24/7 tech support
– Easy to incorporate with our Live Trade Room discretionary trading methods
– ‘Set it & Forget It’ Day Trading
– Has no monthly fees
– Runs on NT 7.0
