With a win-rate of 97% over 1000 trades, I am certainly impressed. However, subscribers should expect and be warned against big drawdown (occasionally) using this auto-trading system.
My first demo trade is currently one of 'it' with a -223 pips drawdown (still open).
The last time we saw this magnitude of drawdown (-241) is about 2 weeks ago. The system managed to salvage the position for 8 pips.
The system had similar drawdowns (-231) & (-318) about 5 and 6 weeks ago and it still salvaged 33 pips and 36 pips.
The monster of all drawdowns was the following unusual trade which eventually lost almost 700 pips.
On its proven track record and given the extreme price volatility of this currency pair, I would assume that a position would be beyond repair only if with a drawndown of over 300+ pips.
And hence, I am expecting my current demo trade to be a profitable one. Prove me wrong?
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