An Impressive Sniper Accurate Manual Trading System in the making

[nyasanis]

Here are the results from a demo account of a very simple manual trading system that I am working on and with impressive results so far with two different brokers. Not sure whether the results will be the same when I go live. Doing it on a demo account until I am satisfied and then move on to a live account. If the strategy stacks up, well I will let the forum know. For now keep tuned

[nyasanis]

• Total Net Profit: 4 061.46
• Maximal Drawdown: 0.08%
• Total Trades: 104
• Profit Trades (% of total): 103 (99.04%)
• Loss trades (% of total): 1 (0.96%)
Deposit on 15.06.2009= 3000
Current Balance 07.07.2009= 7 061.46

[Scorpion]

I would appreciate if you could share this system.

[nyasanis]

nyasani:
Here are the results from a demo account of a very simple manual trading system that I am working on and with impressive results so far with two different brokers. Not sure whether the results will be the same when I go live. Doing it on a demo account until I am satisfied and then move on to a live account. If the strategy stacks up, well I will let the forum know. For now keep tuned

38 trades, 100% accurate. Not a single loss so far. Account nearly doubled in 6 trading days.

[nyasanis]

scorpion:
I would appreciate if you could share this system.

The system is in its trial stages. It will be shared when the trial is conclusive.

[nyasanis]

nyasani:
38 trades, 100% accurate. Not a single loss so far. Account nearly doubled in 6 trading days.

38 trades, 100% accurate. Not a single loss so far. Account nearly doubled in 6 trading days.

[ChicagoRob]

nyasani:
38 trades, 100% accurate. Not a single loss so far. Account nearly doubled in 6 trading days.

Judging from the float on your reports, it looks like your system has no stop-loss, i.e., Steinitz. Never a loss and

the draw down is super low, because trades are never closed until they are positive. Low DD numbers look nice,

but high float is an invitation for a margin call.

Rob

[MechXTrader]

6 days means nothing - eventually you'll end up broke if you trade without Stop Loss.

[ChartSecret]

If you trade with big or no Stop Loss it is not such a surprise that you won all trades. In this case your win percentage may be very high but your Risk:Reward ratio is so small even one loss will destroy your profits completely. I strongly advise you not to trade systems with such Expectancy (and it doesn't matter what your trading signal is).

[[Deleted]]

Seems the system has crashed... can you update your situation on this method please and provide your analysis. Thank you

https://www.mql5.com/go?link=http://limitx.mt4stats.com/analyses.php

[nyasanis]

bossxero:
Seems the system has crashed... can you update your situation on this method please and provide your analysis. Thank you MT4 Stats - Share your MetaTrader 4 Statements with the world

I don't mind the sarcasm and negativity. I strongly believe that it takes as much bravery and courage to fail as it does to succeed. I have now moved on to a live account with excellent results. I have no point to proof to any one. I just wanted to show that it can be done.