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Philosopher’s Stone (Gold) Trading System
To learn more about this system,
Call 800.669.8838/312.987.0043 or Email us» . |
Developer: Priestley Systems |
Market Sector: | Metals |
Markets Traded: | |
System Type: | Swing Trading |
Risk per Trade: | 1550 |
Trading Rules: | Not Disclosed |
Suggested Capital: | $16,000 |
System Cost: | $100.00 Monthly Subscription |
Results Available?: | Yes View Performance» |
System Description: | The system is based on price movements and has two parameters plus a stop. We trade long only at pit-closing time when the liquidity is best and hold a position overnight until the same time next day. On average, there are 2-3 trades a month. Hypothetical back-testing over 14 years has given a total gross profit of 17 times the maximum peak-to-valley drawdown. The system was designed in June 2012 and has done well out-of-sample, nicely selecting the up-days even when the market was falling. The suggested capital is 1.5 x the hypothetical 14-year max drawdown, plus the initial margin. The risk-per trade is based on the stop and does not include possible trading halts or gap-downs while the electronic market is closed. |
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