Zorro_Trading_Group by FXiGoR
Recap on the month December:
The recap for the month of December will be a quite a short one.
A lot has been said and even more has been written the last 3 months.
Repeating myself is of no use.
On my topic on forex-tsd and the evaluation section a lot of opinions have been shared attacks were made. The conclusions are to be made by each person individually.
Whatever the conclusions that one will make with this December recap I can only point towards the results that we made the past month and they were extremely good.
I’ going to give a little bit of an explanation about the results and how they were made.
The reason for that is that some people could have doubts about the correctness of the results because some debates were held about discretionary or 100% mechanical rules.
The rules we apply on taking each trade are 100% mechanical without any doubt.
If the rules are 100% mechanical it should be quite easy then to fill in the spread sheet with the official results. But in reality that is not the case. Because we have a rule that we need to look to the Reward/Risk ratio for each trade if it is high enough. But one needs to also react very quickly on a trade. One does not have a couple of minutes time to calculate if the reward/risk ratio is high enough to take in that particular trade.
That would only cause a lot of slippage. We work from a 1 min. chart and that means acting within a couple of seconds.
On the majority of the entry’s it is very clear that the reward/risk ratio is high enough to take in the trade. But there are trades were price is still moving and the reward/risk ratio is just on the edge of good enough and not good enough. Especially if price is moving quite fast on the signal bar then it can be quite difficult to calculate the R/R ratio.
That means that some members in the room take in a trade and some other did not take in a trade. If that is the case that there is indeed a debate possible because some MT4 platforms show differences in price or that not everybody took the same action I ask always in the room who took and who did not take in the trade. If that particular trade would be a loosing trade then I take it in on the spread sheet. If the trade was a winning trade then I do not take it in the spread sheet. That way there can be no discussion that the official results would look better then the results that are made in the trading room.
There is of course an exception if somebody made an clear error and it was very clear that a certain trade had to be taken in or not taken in, that I am not going to adapt the official result to that error that somebody made.
But again in case of a debate between several members I’m always going to take the worst result ( or taking the loss or not filling in the profit). That shows in the room by most of the days that the members have more profit that the official daily results.
The results over the past month:
The NO-filter system and 20-contract filter nearly made the same result. The reason for that is that only the first 3 days of December we had a bigger then 20-contract MM recovery to do. After that and for the rest of the month the system went never over 6 contracts.
From the 4th December till the 23rd December it was an absolute smooth ride. We stopped trading officially the 23rd for understandable reasons and also very few people in the trading room.
The total result for the NO-filter system in December :
+3442pips spread included.
Total hitrate on all trades +44.8%
Hitrate on daily base: 14 winning days 2 losing days = +87.5%!!
Total result since the start (22 Oct.) + 15747pips spread Incl.
Hitrate on daily base over the whole period +80%
R/R ratio over the whole period: 2.14
The total result for the 20-contract-filter system in December:
+2326pips spread included.
Total hitrate on all trades +45%
Hitrate on daily base: 13winning days 3 losing days = +81.25%!!
Total result since start (22 Oct.) + 9536pips spread incl.
Hitrate on daily base over the whole period + 77.6%
R/R ratio over the whole period: 4.10.
Included is the spread sheet with the official results. It contains the results on the 20-contract-filter the NO-filter system.
It has a page with the results only on December for the 20-contract-filter.
It has a page with the hitrate and a page with the avg. win/loss ratio.
From Monday the 5th of January we continue again with the room and in the same way and policy.
During the month of January I hope to give a manual EA. That is not an EA that one can place in the morning on his chart and forget about for the rest of the day.
It is an EA where one needs to fill in his contracts on each trade but that will recognize the Q-bar and the reward/risk ratio. This way the trader will have less stress in calculating each time the R/R ratio and it will reduce the slippage to a minimum on the entry of a q-bar. The rest of the entry’s do not produce nay slippage because they are limit orders.
For the month of January I give again a 100% guarantee. If the system does not make +1000pips profit at some point during the month of January one can choose to have a free entry the next month or a 100% refund without any questions asked.
Try to find a vendor that gives you this guarantee, you want find it.
This guarantee does not stand if you would not be happy about the system or that you personally did not make a certain result. If you buy a trading book and after you finished the book and don’t feel happy about it, you don’t need to ask for a refund.
And not making 1000pips profit where the majority of the members in the room would agree that the official result is +1000pips would only proof your lack of discipline.
I wish each one of you a very prospers trading for the coming year and the necessary discipline witch will automatically lead to lots of pips and profits.
See you in the trading room.
Friendly regards….iGoR
This recap is send to the people who want to become a member.
If you want to join the trading group: zorro_trading_group@hotmail.com
The monthly membership fee: 89€ Payments only trough paypal.
For this fee you receive the education video’s on the system and on the MM.
You have access to the trading group.
You get full support from me from morning till evening every day of the month.
You have access to the live video room.
You receive the indicators and templates to install on your MT4 platform.
And hopefully this month the manual EA.
Last edited by iGoR; 01-19-2009 at 04:18 PM.
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