Advanced Forex Bank Trading Strategy Results – January 2016
I’m a firm believer that a successful trading career over the course of a decade or two, is the result of not taking massive losses first and foremost. What I’m about to say doesn’t “sell” very well but its the truth…LONG TERM trading success is much more related to protecting yourself from large draw downs as compared to having massive profits. In other words, massive profit is great but if massive profit is accompanied by massive draw downs then you have an unsustainable trading strategy that will generally not stand the test of time. Even though the month of January and the month of February were tough trading months, they were still profitable based on an accurate application of the rule set. The reason this is so important is because it illustrates how robust the DTFL bank trading strategy really is. Successful trading strategies are NOT defined by how they preform during the best times, but rather how they preform during their worst times. If you have a trading strategy that still maintains break even or slightly positive even during its worst times, then you have something that can stand the test of time. That is exactly what January and February showed us.
With the close of January we now have a compounded gain of +195% over the last 9 months of trading which is when these month end reviews were started.
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