This newsletter is about suggesting systems you should test on your demo account!
Today I bring to your attention a signal provider called “sixsigmatrader_2“. I’ve got this signal provider on my live account and so far I like his trading style. He (or she?) employs a scalping strategy from what I can tell and as you may or may not know I’m a big fan of this trading style. Here are his stats and description:
“This strategy trades much. It uses a modified trading strategy. Initial stop-loss and take-profit by default. The strategy uses Money-Management rules. The strategy should provide low DD, and should run well with position load: 0.1 mini-lots* per 1000$. Do not change stop-loss or limits. Because the Strategy provides a ~60-70% win_ratio results can only evaluated from month to month (do not invest to much attention in single trades). The position sizes it generates will change dynamic but this will not be reflected in the follower account, if this is needed position size can be adapted once per week manually. Number of Positions you need to enable is 6 (thats optimal), 4 positions is the minimum (but you will not get all the trades and the special optimization) If you can not allow 6 position then please decrease position size per trade and set 6 with the same all together risk like before. Please not close trades in advance, I follow my own signals with 4x the position hight size in my strategy description. Before anybody else I would get problems, this is to protect you. (this does not mean that it is secure to increase position size over that in this strategy description) 🙂 Please make sure that your settings in Zulu allow to receive all signal from sixsigma ! Check your postion size so that it is not too big, big positions size per trade will not save time – the opposite can happen. *Please try ZULUTRADE Auto-Allocation-Mode Calculator (This tool is great if you use several providers)”
|Winning trades||173 (92.0%)|
|Average trade time||8 hours|
|Maximum drawdown||-346 pips|
|Has live followers||Yes|