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Low risk trading
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Well, you can see that this is a low risk system with low DD and trades only few times pr month.
Verified account
If you check each month (in the monthly analytics) you can see which crosses were traded and average holding time.
Only working on the Daily timeframe.
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Looks like I will be finishing August wih 1.16% gain after only one trade, EURUSD buy.
I am slowly adding to this account - still restrictions here in Iceland in aftermath of the crisis few years back.
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I have been trading this system for 2 years prior to opening this account to build the correct history. Now it is almost one year since starting and the results are as expected. I wanted a system that had low drawdawn and low risk. Now after a year, it has generated over 7% profit and the drawdown is only 6%. Bear in mind that the first 2 months, I only used 0.25% risk pr trade and increased it to 0.5% in January this year.
It has taken very few trades the past months as the markets have been in nice trend in most of the crosses. I also use systems that are trend following - will post about those systems in my other thread. Reversal systems have to be very patient and is very important to keep an eye on points where the market could reverse and back that visual clue with other informations.
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The most interesting thing is that almost every strategy guarantees low risks, etc. But in fact, a lot depends on the trader, because there are no 100% guarantees and I would like traders to remember about their own safety and competently manage their capitals!
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