SPM Capital Management Review

System: SPM Capital Management Review

Description: Av monthly growth: 4%
Max Drawdown 15%
Each trading position will be a max of 10 lots per £100,000. Average 2 lots per £100,000.

A fundamental discretionary approach to form a bias from a global macro-economic perspective. Thus forming an idea of market sentiment, I will use this information combining technical analysis of levels to capitalise on currency moves.

I trade pull backs to technical levels in line with the fundamentals using the real time news feeds. I will scale in if the price goes against me to build a position.

My stop size will vary depending whether the trade is daily sentiment or fundamental.

Each position will be a max of 10 lots per £100,000.

TP will usually be the fair value price that i see for that pair. Or I will exit the position if I feel the sentiment has changed.

Type of Trading: Real

Broker: GOMarkets

Started: Nov 11, 2014

Views: 494

Tracking: 5 users

Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDDKK, USDJPY, USDSEK, XAUUSD

 

 

 

 

 

Overview: SPM Capital Management Review Myfxbook system has made +58% in 955 trades since Nov 11, 2014. The average winning trade is about31.62 pips / , and the average trade with a loss around -59.02 pips / . Trades are left open on average for 1d.

(137/209) 65% is the winning percentage of its buy trades and (532/746) 71% is the winning percentage of its sells.

(Dec 10) 259.7 was the best trade it ever produced. (May 01) -568.5 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • 14.53 max drawdown looks good
Cons