Before I do the public webinar on Monday where I will explain everything needed and answer the questions that one would have I want to make 1 posting to explain something that you should be well aware of before entering the webinar.
I make this posting in answer of some of the PM's and mails I received the last 3 days.
Lets look to some FACTS that we have already and nobody can deny even not the members that ran away after Tuesday or Wednesday.
The total profit after 29 trading days is +10774pips (Ten thousand seven hundred and seventy four).
To make a prediction what this result would mean over a 1 year period.
250 trading days in a year / 29 trading days = 8.6.
If we multiply our +10470pips x 8 = +86200pips (
eighty six thousand two hundred pips profit) Not to forget over only 1 pair
I said already many times that our reward/risk ratio over a 1 year period will be 7. Meaning that the total profit will be +/- 7 times higher then the MaxDD we will have.
If we take the +86200pips / 7 = -12300pips. (twelve thousand tree hundred). That means that our system could give us a 12000pip drawdown that is absolutely in line with the technical report.
An other FACT is that the biggest drawdown we had was last Monday of -7345pips. It was an intraday drawdown because at the end of the day the loss was only -319pips.
First IMPORTANT conclusion we can make is that the drawdown we encountered last Monday is smaller then the MaxDD that we should encounter based on the prediction of profits the system makes.
Next is the question that you should ask yourself: what is the difference between systems that I would give that makes a 85Kpips profit and a MaxDD 12Kpips and a system that would have:
A 8500pips profit and 1200pips MaxDD
Or 4250pips profit and 600pips MaxDD
Or on the S&P-mini that would make 5000pts profit and 700pts MaxDD
Or on a BUND that would make 300000 ticks with a MaxDD 45000 ticks
??
Even if I give a system on the gbp/jpy that would make 50Milj pips and with a MaxDD of 700Kpips.
There is NO difference. They all come to a reward risk ratio of 7. Making 7 times more profit then the MaxDD in that year.
Most of you are so used to think in drawdowns between a couple hundred pips and somewhere thousand pips and suddenly if you hear of a system that can make 7000pips drawdown, some of you start to scream murder and hell.
Some of you were indeed very much interested in making more then 50K pips but the risk should stay at 2600pips ?!....Be serious here. Who is fooling who ?...Am I fooling you or are you fooling yourself.
Someone can say: iGoR you said that the MaxDD would be only 3000pips and the profit would be 20000. YES I DID. But look to the profit after 29 trading days. It is more then 10K pips. That is already more then 50%!! of the profit I predicted to make over 1 year. One can not expected that the profit would be a LOT MORE but that the risk will stay at 3000pips. That is NOT POSSIBLE.
A fact is also that I clearly explained in this previous posting
http://www.forex-tsd.com/241236-post912.html that a conservative trader with our system would place his account in such a way that even if he looses 10.000pips that he would still loos only 10% of his money.
An aggressive trader is going to setup his account in such a way that if he encounters the MaxDD that he would just not blow up his account. This way he is going to make the absolute most profit. With our system and in a compounded way this will come to +/- 1000% (one thousand) over 1 year period.
BUT…if he encounters a MaxDD that is 2x times as much it is finished!!
A conservative trader is going to setup his account in such a way that if he encounters a 10000pips DD it will only cost him +/-10% of his account. This way he will not make HUGE profits as the aggressive trader but with our system and in a compounded way this still comes to 70% profit over a whole year. He is VERY pleased with the profit he makes because they are completely in line with what professional, institutional traders
would like to make.
BUT…he has even room to take a MaxDD that is 3 x times as much without getting in trouble.
The overall BIG problem is that many traders on forex-forums have only a couple of thousand dollar to trade from and on top of it that is the ONLY capital they have.
They want to make the 1000% profit/year as the aggressive trader but only with the risks of the conservative trader (10% on capital).
Then I ask again: who is fooling who ?....
Many people here seek professional help or advice or refer in many postings to the “professional traders or institutes”. Well walk into an institutional trader company and say you have 5000$ and that you would like to make an monthly income out of that money ?..
They gonna ask you if you took already your medicines today.
I try to help you so you could come close to that dream BUT BE AWARE OF THE RISKS that are involved with that dream.
Not 1 conservative trader will get in trouble with my system.
REWARD IS ALWAYS RELATED TO RISK…..BIG REWARD BIG RISKS….NORMAL REWARDS NORMAL RISKS…………….NO SUCH THING AS BIG REWARD SMALL RISK.
If you want to have very small risks leave you money in a bank account. But your reward will be just the same.
See you in the public webinar tomorrow (Monday 15.00gmt).
Friendly regards…iGoR