Still early days for us with this strategy, but we've been with the Trader's other strategy, Bob Dylan, for a number of years and had no issues. While there has been some big draw downs over the last few months, we are happy to continue with the strategy. The Trader has always been quick to respond to any queries we've had in the past.

This system has a poor trading plan or no plan. The losses are too large in comparison to the gains. System developer should try and set system at 3:1. eg. Every gain should be three times the loss. If the stop loss is $500, then the gain is $1500 or if the stop is 5 points= $50 x 5= $250.00 then the gain should be 15 points = $50 x 15 = 750. This means that if the system loss 5 times (5 x $250= $1200) and only gain 2 times ( 2 x $750= $1500) the system will still end up with a gain.

Does not follow the fundamental trading rule: "Cut your losses short and let the winners run".

This is a flawed system, the stops are huge, it takes 10 good trades to make up for one bad trade, and many times it picks the opposite of the obvious market direction

Good returns so far. But, my concern is that historically a single position has had a drawdown of over $2800 and still no stop was hit so I wonder if there is any stop at all in this strategy? I do worry that a future downdraft in the index could be very painful. Perhaps the developer can shed light on this scenario so we can sleep easier? Thanks.

Very Good-Its new for me.

knows what he is doing, in and out same day, no worries on margin calls on smaller accounts, and plenty of green on tally. Trades are very accurate and draw down isn't painful.