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THE SUBSCRIBER PERSPECTIVE

Strategy reviews

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Reviews of Forex Alpha

Forex Alpha

This system works, but in a scary way. There are constant small gains, with few losses, but this is only achieved through no use of stop-losses. The system description is rubbish. "Risking 1 percent equity per trade"? There are open drawdowns of 15 to 20 percent. System adds to losing positions, current open losing position as of Feb 24th 2010 is 75 emini contracts. This drew my equity down 15 percent at one point. It may turn around and recover this time, but this system is setting up a subscriber for a very bad day in the future.