January 21, 2011
- in Uncategorized by schooloftrade
Automated Trading System Review Crude Oil and Gold Futures
Let’s see how our fully-automated trading system did to finish up a great week.
Im seeing great results on gold futures with the auto trader, take a look at today’s results.
2 trades today on the gold, 1 loss and 1 winner.
We earn 80 ticks on the winner and only costs us 30 ticks of that profit for the loss. These tight stops and wide targets are what make this auto trader so easy to use.
Now look at the details of how we did the past 30 days, pretty exciting to say the least.
You can see we earned plenty of money the past 30 days on the gold auto trader, but the real keys are the number of trades (less than 2 a day) and the low drawdown (less then 2%).
These numbers look great, and im excited to see what our trade management strategies will do for this auto trader next week when we release version 1.4!!
How about the crude oil futures?
Last time we checked in on crude oil with the auto trader we were long and waiting for the final target to be filled.
Looks like we’re still waiting.
Now some of our clients wont have the auto trader hold overnight to keep the margins lower, but its up to you. I will show you BOTH ways of using this and we can make it fit YOUR needs as a trader.
No new trades today for the crude oil futures and the auto trader, but our 30 days of profit speaks for itself.
Lots of profit without over-trading and no drawdown worries at all. This is exactly what we love to see, and im excited to share more with you next week!
We’re having a great month of January and the year of 2011 is just heating up! See you on Monday in our live trade room @ 745am EST.
