Most of you will know me from the Traderoom. I have listed my signal on simpletrader.net. I have not made it available to copy yet, as I thought I would first see if there is any interest, as I know three month history is early days. But, atleast those that are interested, can keep an eye on things.
I trade full time out of New Zealand. If you guys have any questions, feel free to ask, and I will answer as best I can.
Link to the signal on simpletrader.net:
Link to myfxbook:
And a brief description of the signal (Updated 1/06/2017):
Update: 1/06/2017 - Please note, I no longer trade any commodities, or indexes, only Forex Pairs. This has been implemented to make it easier to trade copy, and also for US clients that can not trade Gold.
Also, as discussed in the forums, the cost of this signal is $50 Per month, however if we experience a losing month, you will be refunded the difference between my cost with simpletrader which is $15, (plus the $1 paypal fee), and the cost of the signal. Thus you will receive back $34 ($50 - $16) of your subscription fee if we have a negative month. I believe this to be a fair pricing model, for both the signal provider, and the client.
Manual Trading System, Targeting 1 to 2% Per Month with a max DD of 2.5%. Generally I will risk less than 0.25% per trade, but in the event that I have several trades open, all trades will be closed if we hit the 2.5% DD limit.
This is a safe strategy, targeting modest gains, but with extremely low risk. My trading strategy works on all time frames, but I use the 1HR time frame for this signal, as it is well suited for trade copying.
A Mixture of Technical and Fundamental analysis. 1:50 Leverage. Account is with Axitrader and denominated in NZD.
I always use a stop loss, either set in MT4 or with a little EA that I use to hide the stops from the broker.
Position lot sizes are not constant, as it depends on the probability of the trade, and of course the ATR of the pair. If I feel it is a high probability trade, I will increase the lot size.
Generally, Risk vs Reward ratio is 1:1
I don't use Martingale, Hedging or Grid, however at times I will basket trade, but always adhering to my 2.5% DD limit.
As I am based in New Zealand, I trade the Asian session, and the start of the European session, and end of the NY Session. I trade all the majors, and a few of the minors.
I do not like to hold positions over night, during news or over the weekend, so generally my positions are only open a couple of hours.
I will try and answer any questions within a couple of hours.