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Dear Traders I'm a experienced trader , Im Short term trader mostly I trade in one hour chart. Stop loss range for my method is allotted based on volatility &time; frame i set my limits when i enter trade; so for Short Term trades stop loss will be less than 80 pips, for one hour chart & 4hour chart stop loss will Range for 120 pips to 199 pips never more than 199 pip .Mostly i Focus on picking & trading " Huge Risk Reward Ratio Trades " most of the case we will make more pips than what the stops we used & drawdown we faced on that trade. In some trades if the odds of trade working out are more with small risk reward we take the trade for pips & we will monitor the trade & react fast if market signals any alert

Position sizing: 1 lot will be opened at very early point of trade signal forming ,so we will get best price huge profit potential , If I will open 1 lot signals then risk only 3% of your account balance as stop to open lots .Incase if the probability of trade is high & strong technical factors strengthen the signal i will open 2 lot or 3 lot for this signals based on market situation allot 8 to 9 % of account balance as stop loss to decide lots size to open trades

One Kind advice to traders & signals subscribers, biweekly or monthly withdraw the profits whatever the amount profit we made! This is business it has to be viewed as such, only way you get rewarded for doing this business is taking the profits periodically.

Thank you
by

Safety1st

Safety1st - trade signals

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 +6.6% -25.5% +10% -8.8% +8.2% -6% (+13.3%)
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Pips $
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Strategy Name Safety1st
Date Started 2010-06-07
Number of weeks 29
Max concurrent lots 3
Max drawdown for 1 lot 199 (pips)
Min account amount $ 5000
Max drawdown for full amount 39 % 41.3%
Trading currencies EUR/USD, USD/JPY, GBP/USD, USD/CHF, GBP/JPY
Pips $
Total +39 pips -$116.76
Total profitability -2.34 %
Trades 44
Profitable Trades 32
Loss Trades 12
Win ratio 72 %
Maximum account level +997 pips +$6051.76
Minimum account level -823 pips +$3982.35
Max loss -1820 pips -$2069.41
Max loss (%) 41.30%
since 2010-07-08 to 2010-09-18
 
 
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