ROBOS AUDJPY M15: Trades: 7 / Winners: 1 / Losers: 6 / Break Even: 0

ESCALATOR EURUSD M15: Trades: 2 / Winners: 0 / Losers: 2 / Break Even: 0

ROBOS 2016 Progressive Results at 2% Risk

Escalator 2016 Progressive Results at 2% Risk

Click here to see screenshots of every trade position from last week…


News from the trading desk…

There’s only one word to describe last week’s result… it was a total SHOCKER! The 29th week of the year was also the worst by far. Of the nine positions opened, only one – a ROBOS short – captured the money. ROBOS equity fell by an unprecedented 7.00% on the previous week’s result, while EscM15 lost a more modest 4.00%.

So, the question is, what am I going to do with the way I approach these strategies in future? What should I change to prevent these losses occurring again? Well, the answer is crystal clear. I’m going to do absolutely nothing!

Last week I had five straight losing trades on the ROBOS, but in weeks 12 and 13 I had six consecutive losers. And what happened? In less than three weeks, the losses suffered by those losing trades had been recovered, and surpassed, without changing a goddamn thing. In 29 weeks the ROBOS strategy – had you taken every trade position – would still have you rolling in the green to the tune of approximately 317% (less broker fees and commissions). The Escalator, around +98%.

So I’m going to wait a good while longer before I start tinkering with success. The hallmark characteristics of a successful trader are maintaining iron-tight discipline, and a capacity to accept losers as part of the cost of doing business. Remember, it’s the big picture that counts

Get up, dust yourself off and climb back on the pony. Start trading again, because your future is only just beginning…


Check out last week’s trades below. First ROBOS, and then the Escalator M15…

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