System: FX Protector – 10x risk Review
Description: FX Protector – forex trading
PAMM account (IC markets) & Copy trading (simple trader) soon!
About money management :
This account has very agressive money management (10x risk) = 0.1 lot per 1000$, this is not recommended for managing bigger capital.
Q : Why do you trade with 10x risk?
A : To show to community / investors that i can keep my drawdown low even with very high risk
In august 2015 i will lower risk to 2x as a master. That means around 2% gain per month will be generated with maximum DD of around 3%. On simple trader you will be able to increase risk.
PAMM managed accounts will be offered on 2x (as master. lower risk), (4x medium risk, 4% gain) and (6x higher risk, 6% gain)
Price for monthly subscribtion will be around 70$ (simple trader)
PAMM fee = 30% from monthly profit only (HW)
All potential investors please contact me!
Type of Trading: Real
Broker: IC Markets
Started: Mar 26, 2015
Tracking: 35 users
Currency Pairs: EURUSD, GBPUSD
Overview: FX Protector – 10x risk Review Myfxbook system has made +29% in 120 trades since Mar 26, 2015. The average winning trade is about5.45 pips / , and the average trade with a loss around -6.77 pips / . Trades are left open on average for 10m.
(47/58) 81% is the winning percentage of its buy trades and (53/62) 85% is the winning percentage of its sells.
(Apr 16) 20.5 was the best trade it ever produced. (May 22) -26.3 was the worst.
Pros & Cons
- Uses a SL of 6.77, could be trouble
- Drawdown has only reached 5.85, looking good so far!
- Potential scalper, the average win is below 10 pips. So good luck finding a broker to meet ideal scalping conditions|