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THE SUBSCRIBER PERSPECTIVE

Strategy reviews

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Reviews of FXprofisniper

FXprofisniper

I dont think its fair to rate a system after trading it a couple of weeks. FXprofisiniper has very good system stats. I have been trading it for several months and I do not consider it a martingale system. In both instances of a winning or losing trade the developer will sell part of the position to either lock in gains or cut losses. I think the system is great. Hes 9/9 in winning months with a PL of 5.3:1 You cant trash a system like that in only a couple short weeks.

FXprofisniper

Been autotrading this for 1 week. Since my account is small I use maxlots=2. Up exactly 2% net. The consistency I was looking for continues, even though I put my money on the line! Lookin' good.

FXprofisniper

Does not know when to cut losses. Has been in the same losing USD/CHF position for over a week while it gets worse and worse. Poor risk management = poor rating.

FXprofisniper

I think 89 percent is a high win rate, and unlike some other systems here it is not achieved by stubbornly holding through deep drawdowns. Stops are wide but at least they are there and respected. I think if the developer maintains this consistent approach this will be a long term winner.

FXprofisniper

This system not only has a low winrate and a low sharpe ratio, not only it keeps the losing positions for a long time, it has a martingale-type position management which adds to the losing position. If you like a slow and painful wipe out go for this strategy.