I have create a very simple yet profitable forex signal generator, you can use it
here
You can find how to
use it on daily trading
don't forget to
read how to use it
target Profit : 20 - 30 pips/day
difficulty : very easy
perfect for : newbie, daytrader
pros : stress free trading system, just set and forget
cons : 20 pip a day maybe just a little for someone
Read/download Daily20pip.pdf
Result :
SEE LATEST LIVE TRADING RESULT HERE
OCTOBER 2009
WIN 12
LOSS 3
SEPTEMBER 2009
WIN 9
LOSS 7
AUGUST 2009
WIN 12
LOSS 5
JULY 2009
WIN 9
LOSS 4
JUNE 2009
WIN 15
LOSS 6
MAY 2009
WIN 13
LOSS 5
APRIL 2009
WIN 8
LOSS 7
MARCH 2009
WIN 13
LOSS 4
FEBRUARY 2009
WIN 5
LOSS 7
JANUARY 2009
WIN 7
LOSS 5
DECEMBER 2008
WIN 8
LOSS 9
NOVEMBER 2008
WIN 9
LOSS 7
OCTOBER 2008
WIN 14
LOSS 1
SEPTEMBER 2008
WIN 11
LOSS 5
AUGUST 2008
WIN 11
LOSS 4
JULY 2008
WIN 10
LOSS 5
JUNE 2008
WIN 8
LOSS 7
MAY 2008
WIN 11
LOSS 8
APRIL 2008
WIN 8
LOSS 11
MARCH 2008
WIN 10
LOSS 4
FEBRUARY 2008
WIN 11
LOSS 7
JANUARY 2008
WIN 13
LOSS 3
DECEMBER 2007
WIN 12
LOSS 3
NOVEMBER 2007
WIN 6
LOSS 6
OCTOBER 2007
WIN 9
LOSS 10
SEPTEMBER 2007
WIN 10
LOSS 4
AUGUST 2007
WIN 8
LOSS 9
JULY 2007
WIN 10
LOSS 2
JUNE 2007
WIN 7
LOSS 5
MAY 2007
WIN 11
LOSS 3
APR 2007
Win 9
Loss 4
MAR 2007
Win 14
Loss 4
FEB 2007
Win 10
Loss 4
JAN 2007
Win 13
Loss 6
DEC 2006
win 14
Loss 2
Let’s have a look at the daily20pip (D20P)
results since DEC 2006 till AUG 2008
winning days=215
losing days=109
no touched orders days =115
So, 324 trading days, 115 no trading days (no touched orders), 215 winning days… and this is a significant statistic sample.
Winning probability
W= winning days/trading days=
0,664
Win/Loss average ratio
R = 20 pips/30 pips =
0,667
Let’s now consider a couple of significant indicators used in Money Management:
Kelly’s formula:
K = W - ((1-W) / R) = 0,159 ---> 15,9 %
It represents the size of the position you should be taking for a trade (as capital risk).
Money Management guru’s suggest to take 5% at maximum (for aggressive personalities), so, that result has only the scope to indicate us that
D20P is a low risk system
Math expectation:
M = W*R - (1-W) = 0,106 ---> POSITIVE!
meaning: positive result means
D20P gives positive returns in the long run. (Just to be clear for the casino roulette M is negative……)