Read/download Daily20pip.pdf
Result :
SEE LATEST LIVE TRADING RESULT HERE
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
finally
Daily20pip system already passed the 6 month beta period (since DEC 06) and this simple strategy already giving me
+730 pips (in
average +120pips per month) from 71 winning trade (
+1420 pips) and 23 Loss in trade (
-690 pips) with no Loss result in every month
This strategy are Live tested under my Micro account (I use $100 as starting margin in micro 0.01 Lot per trade) and already give me more than
10% profit on each month
I Hope this simple strategy can be usefull as an alternate tools for fx trader to get more +pips
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 casiṇ roulette M is negative……)
