System Trading Blog

Make Your Money Work Harder

First week: $44 644

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1) The account is down $535 about 1.07% (when 10x adjusted to mini lots rather than regular size lots).

200904051

2) Individual system provider performance over the last 7 days:

dagger: – 156 pips, – $158
Pro-B5: +237 pips, +$243
abuls: + 1784 pips, +$822

If all the signals are taken from all the system vendors, the account should be up $907, but it’s down $535.

In fact all the system vendors show negative returns in the demo account.

The obvious reason is that we’ve set trading limits, not all the trades are taken and so far more losing trades than winning trades have hit the account.

3) dagger has hit his max historic drawdown.

20090405dagger

I remove him fromt he system mix as a matter of rule to remove a system, if for whatever reason it hits a nex max drawdown. Beside dagger was a risky and inconsiderate. He held massive EURUSD position just before the ECB interest rate decision.

4) Pro-B5 looks like the most widely followed system vendor on zulutrade with 578 subscribers. He seems a very persistent master scalper and adds to profits in small piecies (average pips per trade is 15, 96.1% winning trades and 4.6 hours average trade time).

5) For the next week of trading I adjust max open trades for both Pro-B5 and Abuls to 5.

20090405settings

Margin call meter is in the red, but in real-life mini-lot situation it would be at reasonably comfortable 38%.

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Written by A.S.

April 5, 2009 at 1:31 pm

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