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An Impressive Sniper Accurate Manual Trading System in the making
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Old 07-04-2009, 11:36 AM
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Default An Impressive Sniper Accurate Manual Trading System in the making
Here are the results from a demo account of a very simple manual trading system that I am working on and with impressive results so far with two different brokers. Not sure whether the results will be the same when I go live. Doing it on a demo account until I am satisfied and then move on to a live account. If the strategy stacks up, well I will let the forum know. For now keep tuned
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File Type: htm Forex_statement.htm (63.5 KB, 73 views)
File Type: htm Forex_statement2.htm (30.5 KB, 26 views)
File Type: htm Forex_statement3.htm (23.0 KB, 20 views)
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An update on the performance of Sniper Accurate Manual Trading System(SAMTS)
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Old 07-08-2009, 07:01 AM
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Default An update on the performance of Sniper Accurate Manual Trading System(SAMTS)
  • Total Net Profit: 4 061.46
  • Maximal Drawdown: 0.08%
  • Total Trades: 104
  • Profit Trades (% of total): 103 (99.04%)
  • Loss trades (% of total): 1 (0.96%)

Deposit on 15.06.2009= 3000
Current Balance 07.07.2009= 7 061.46

So far SAMTS is 99.04% profitable
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Last edited by nyasani : 07-08-2009 at 07:10 AM.
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Old 07-08-2009, 11:07 AM
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I would appreciate if you could share this system.
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Results from a second demo account using SAMTS
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Old 07-08-2009, 11:36 AM
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Default Results from a second demo account using SAMTS
Quote:
Originally Posted by nyasani View Post
Here are the results from a demo account of a very simple manual trading system that I am working on and with impressive results so far with two different brokers. Not sure whether the results will be the same when I go live. Doing it on a demo account until I am satisfied and then move on to a live account. If the strategy stacks up, well I will let the forum know. For now keep tuned
38 trades, 100% accurate. Not a single loss so far. Account nearly doubled in 6 trading days.
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Last edited by nyasani : 07-08-2009 at 11:55 AM.
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Old 07-08-2009, 11:38 AM
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Quote:
Originally Posted by scorpion View Post
I would appreciate if you could share this system.
The system is in its trial stages. It will be shared when the trial is conclusive.
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Results from a demo account using SAMTS
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Old 07-08-2009, 12:02 PM
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Default Results from a demo account using SAMTS
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Originally Posted by nyasani View Post
38 trades, 100% accurate. Not a single loss so far. Account nearly doubled in 6 trading days.
38 trades, 100% accurate. Not a single loss so far. Account nearly doubled in 6 trading days.
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Old 07-11-2009, 04:19 PM
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Quote:
Originally Posted by nyasani View Post
38 trades, 100% accurate. Not a single loss so far. Account nearly doubled in 6 trading days.
Judging from the float on your reports, it looks like your system has no stop-loss, i.e., Steinitz. Never a loss and
the draw down is super low, because trades are never closed until they are positive. Low DD numbers look nice,
but high float is an invitation for a margin call.

Rob
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Old 07-13-2009, 01:50 PM
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6 days means nothing - eventually you'll end up broke if you trade without Stop Loss.
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Old 07-13-2009, 07:36 PM
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If you trade with big or no Stop Loss it is not such a surprise that you won all trades. In this case your win percentage may be very high but your Risk:Reward ratio is so small even one loss will destroy your profits completely. I strongly advise you not to trade systems with such Expectancy (and it doesn't matter what your trading signal is).
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Old 09-07-2009, 05:04 PM
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Seems the system has crashed... can you update your situation on this method please and provide your analysis. Thank you

http://limitx.mt4stats.com/analyses.php
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