During this weeks MTPredictor trading webinar we looked at all the software generated trade setups in the 15 minute chart of the 6E (Euro Future) over the last 30 days. These were simply the trade setups the software provided in real-time in the direction of the MTPredictor Strong Trend Filter.
The results were 13 trades with 5 winning trades and 8 losing trades. Most people would stop at this point and think that it must have lost a lot of money given the fact that it only had a 38% win percentage. They would be wrong of course. Why? Because the losses were kept small at $265 on average while the average winner was $1035 (based on a 2% risk on $20,000 risk capital). This is the key to professional trading.
We also took a look at some advanced trade setups that go beyond the standard trade setups the software provided along with some of our client’s trades.
Check it all out in today’s MTPredictor Elliott wave and Fibonacci trading software webinar for stocks, commodities, futures and forex