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Originally Posted by Mburdge
What yuo need to look out for is the money management. Each system starts with a notional $ 100,000 account. If the system you mentioned is fairly new then they are probably betting the ranch on each trade.
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Yes, I thought as much, some bottom lines look nice on paper but would knock 10 years off your life with the drawdown if the systems were live traded!
I like the systems that 'never lose', there's been a few on here, 1200pip risk for 10pip reward, averaging systems, martingale systems, stick-a-pin-in-a-chart systems, and all with some crazy leverage
I was interested to read Soul-Trader2004's comment, there's obviously some issues which need resolving with orders.
The whole $ignal providing business needs dragging into the 21st century, it's big business and with the technology available today surely someone could come up with something better than what's available.
Mick