March 8, 2011
- in Uncategorized by schooloftrade
Automated Trading System Strategy Review
We had another successful day in our live trade room this morning, but we’re not quite done yet.
Our fully-automated trading system is always working in the background, and today was no different.
Anyone trading the Mini-Russell?
Here’s a great market for the auto trader… start with $500 margins per contract.
You can see we have a mix of winners and losers, but you can see the winners are much larger than the losses, which means we can have a 50% winning ratio and still make lots of profit.
A nice tight stop keeps our losses small, and a wide target makes up for more than 3 losses.
Check out the long term numbers on this strategy…
IN the last 30 days this automated trading strategy has earned over $7200, which is much more than our goal…$1500/month/contract.
Very pleased with these results, and we will go over these with members in training tomorrow!
Lets take a look at the Gold Futures…
The gold got chopped up last week, but lets see how the monthly numbers are looking so far on the GC 04-11
You can see that we took that big winner today for 85 ticks per contract short from 1434.5, and that more than makes up for the loss from last night for 35 ticks of loss.
Keeping our losses small and our winners large is the name of the game for this auto trader, and you can see these look great over the past month of trading.
You can see we’ve earned an average of $1500/month/contract on the Gold, and that’s our objective. Slow and steady wins the race, and $1500/mo/contract will make anyone easy money.
