January 20, 2011
- in Uncategorized by schooloftrade
Automated Trading System Review Euro and Crude Oil Futures
It’s always exciting to see how our fully-automated trading system works, especially after a great day of discretionary trading.
Let’s take a look at the Euro this week on the auto trader…
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You can see we average about 1 trade per day on the euro, which is exactly what we want. I don’t want to over trade or have big stop losses that will help take back the profit that this system generates.
You can see nice wide targets and tight stops produce pretty great results over a 30 day window, and remember these numbers are PER CONTRACT PER MONTH.
$2750 this month, and that includes the choppy holiday season. Not too bad for 1 contract.
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Now let’s take a look at how the crude oil futures did with the auto trader the past few days.
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We took 5 trades this week so far, and as you can see we still average about 1 trade per day on the crude oil.
We can always speed this auto trader up on a faster timeframe if you’re looking for more trades, but we want to keep the trades to a minimum so your broker doesn’t take all your profit.
Looking at big targets and tight stops you can see how this strategy performs so well.
We earned $5000 on 1 contract on crude oil in the last 30 days of trading, and only 1 trade per day and only 2% drawdown. Love it.
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As always, we will do training on this in our members training every week, and we look forward to help you get started.
It only takes 20 minutes to set up everything, lets get started!