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Philosopher’s Stone (Silver) Trading System
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Call 312.987.0043 or Email us» . |
Developer: Priestley Systems |
| Market Sector: | Metals |
| Markets Traded: | |
| System Type: | Swing Trading |
| Risk per Trade: | 3000 |
| Trading Rules: | Not Disclosed |
| Suggested Capital: | $21,000 |
| 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. Although the algorithm for the silver trade is similar to the gold trade, their parameters are quite different and most of their trades have been on different days. |
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