forex & stock trading
Subscribed on 9 jan 09 and system went immediately into a tailspin and had its biggest drawdown, 33K loss, in just 1 trade (gbp/usd, 3 big figures out of court without cutting the position...). The typical mistakes of discretionary trading (as opposed to systematic trading) showed themselves as soon as I subscribed: vendor is unable to take a loss, tries to average himself out of a bad position, overleverages and overtrades in an attempt to make the loss back. As soon as the pressure of handling real money occurs, the "system" starts losing. This is a very harsh but fair judgement, as the figures will show. Loss: 25K and I'm cutting the position and my subscription.