Quote from optioncoach:
500 pips a year? You mean you trade about 250 days a year with daily 100 point targets and 40 point stops and make 500 pips the entire year? You are averaging just over 40 pips a month.
Was that a typo or am I missing something? Seems like the prob of profit is really low and the losing trades really eat into your capital at times and churn the account quite a bit.
Option coach
5 % drawdown is not bad , I will settle for it.Look at the reward
3 times earnings over 3 years
It is a mediocre strategy which can be used as part of a portfolio of strategies.
Imagine 8 to 10 to EAS producing 5 % per annum and each having a drawdown of 5%, thats about 40 to 50 % per annum PROFIT VS DRAWDOWN (Drawdowns do not come in one lump so max around 20% dd)
OILFXPRO