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Below is our 2016 performance:
*Please be advised the above performance is from our family office. We do not issue price targets as we believe every traders risk profile is different. The above performance is gross and DOES NOT include any money management.
We believe money management is an integral part of being a profitable trader. What do we mean by money management? The best way is to give you a few basic examples.
A Scalp trade should utilize the maximum leverage, we suggest using NO MORE than 10:1 therefore an account with equity value of $1,000.00 should take a position size of $10,000.00 Remember a scalp trade will risk no more than 50 Pips.
A Swing trade will risk upwards of 300 Pips, a trader must recognize the stop-loss generated by the algorithm, calculate how many Pips and than set their position size. We recommend utilize 5:1 leverage on a trade with a stop of 100 Pips, 3:1 leverage on a trade with a stop of 200 Pips and 2:1 leverage on a trade with a stop of 300 Pips.
A Correlation trade does not come with a hard stop-loss, rather a trader must set a mental stop. With that said a trader must figure out what percentage of their account value they want to risk on a correlation trade and than set their trading size accordingly. Since these types of trade may require some room too work themselves out we recommend allowing at least 500 Pips, possibly more, a trader should probably not utilize any more than 2:1 leverage.
Correlation trades great reduce your directional risk and are very misunderstood by many traders BUT they can be very profitable especially considering their low risk profile. Although these types of trades do not present themselves on a daily basis, the more volatile markets behave the more of these trades we get on a monthly basis.