Set And Forget Forex Signals Case Study

19
2015 Performance Report Signals Site -> http://www.ForexInvestingLive.com <- Signals Site www.ForexEndOfDaySignals.com www.SetAndForgetForexSignals.com

Transcript of Set And Forget Forex Signals Case Study

Page 1: Set And Forget Forex Signals Case Study

2015 Performance Report

Signals Site -> http://www.ForexInvestingLive.com <- Signals Site

www.ForexEndOfDaySignals.com

www.SetAndForgetForexSignals.com

Page 2: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 2

U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer; Neither us, nor our affiliates or associates involved in the production and maintenance of this service or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of services or products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

You must clearly understand this: Information contained here and in the signal service is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional who will verify what is suitable for your particular needs and circumstances. Failure to seek detailed professional, personally tailored advice prior to acting could lead you to acting contrary to your own best interests and could lead to losses of capital.

*CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE

CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED

RESULTS DO NOT REPRESENT ACTUAL TRADING. IN ADDITION, SINCE THE TRADES

HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER

COMPENSATED FOR THE IMPACT OF ANY OF THE CERTAIN MARKET FACTORS, SUCH AS

LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO

SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.

NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO

ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.

Page 3: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 3

Introduction To Set & Forget Forex Signals Hello, my name is Edward Lomax and I am the Head

Trader behind Set And Forget Forex Signals.

For those of you unfamiliar with my service, here is a quick overview…

Set And Forget Forex Signals is a Forex signals service that provides Forex trading signals based on the Daily time

frame.

Set & Forget Forex Signals trade only ONCE A DAY around 5:30 PM New York

Time. Subscribers just login to the Premium Member’s Area at that time and see if there is anything to do (enter trade, manage trade, manually close trade, etc.).

Only 10 minutes a trading day.

For more information, go to: http://www.ForexInvestingLive.com

Complete Transparency…

I feel it is very important for people to understand what to expect from a Forex

signals service if they are going to get the benefits they deserve. Too often, people are misled by inflated results, cherry-picked trades and in the worst cases,

downright lies. This lack of REAL information leads to unrealistic expectations, disappointment, frustration and wasted time and money.

This case study is designed to show you

“the good, the bad and the ugly” of Set And Forget Forex Signals for the year of

2015. And while past performance cannot guarantee future results… it is a great way of

preparing yourself for the ups and downs of REAL Forex trading.

I think you are going to be shocked by

some of the statistics!

Page 4: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 4

Performance Overview: Set & Forget Signals EURUSD, GBPUSD, EURJPY, USDCAD & USDCHF

Year: 2015

Let’s get right to it by giving you a birds-eye-view of what happened throughout the year in the Case Study account.

As you can see, over the course of 2015, Set & Forget Forex Signals produced 8,920 positive pips.

Complete Honesty: My goal for the system is

5,000 pips a year. I’m happy with an average of

1000 pips a year per currency pair traded, so

anything above that is wonderful.

I practice “Low Expectation Forex Trading” where

I keep my goals very reasonable so they are easy

to reach and promote a sense of accomplishment.

Let’s take a look at what these gains look like on a line graph…

Page 5: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 5

Very consistent and smooth growth in the Case Study account. While it has its ups and downs, there is steady growth throughout the year. And I would rather be on a pace of slow and steady growth, than suffer through an emotional rollercoaster ride… wouldn’t you?

Monthly Breakdown

Page 6: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 6

As you can see, some months were better than others… and there was even TWO LOSING months. But Forex trading is a long term endeavor, so it is important to focus on what happens OVERALL rather than on a trade by trade or even month by month basis. Even with two losing months of -439 pips and -16 pips the system averaged +743 pips per month. Winning months ranged from between +84 pips and +1431 pips.

Why? Because you can only take what the market gives you… and some months it gives more than others! (And some months it takes away). IMPORTANT CONSIDERATIONS: You cannot predict the best time to start trading the Set And Forget Forex Signals.

You might join and have a losing month. (What a letdown and disappointment, I know).

You might join and have a small winning month. (Again, disappointing and frustrating).

You might join and have the best month of the year! (While that would be nice, there is no way predict when this will happen).

I can’t stress this enough. Forex trading should be approached with a long term view. It is a marathon race, not a sprint. More often than not, when you make decisions based on short term results… you end up sabotaging your long term gains.

Part of what I want to show with this Case Study

is how you need to stick with the trading… even

when it hits some rough patches. The overall

results are what matter.

Page 7: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 7

Since there is no way to tell what type of month

you will have when you first join, you need to

dedicate yourself to sticking with the trading

for 3-6 months for the best chance of success!

Let’s break the signal results down even further…

Set And Forget Forex Signals

Number of Trades: 95

Winning Trades: 64

Losing Trades: 31

Win %: +67.4%

Monthly Pip Average: +743

Total Pips: +8920

Set And Forget Forex Signals By Currency Pair

Number of Trades: 19

Winning Trades: 12 Losing Trades: 7 Win %: +63.2%

Monthly Pip Average: +139.6 Total Pips: +1675

Page 8: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 8

Number of Trades: 22

Winning Trades: 16 Losing Trades: 6 Win %: +72.7%

Monthly Pip Average: +135.7 Total Pips: +1628

Number of Trades: 17 Winning Trades: 13 Losing Trades: 4

Win %: +76.5% Monthly Pip Average: +228.6 Total Pips: +2743

Page 9: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 9

Number of Trades: 21

Winning Trades: 12

Losing Trades: 9

Win %: +57.1%

Monthly Pip Average: +136.6

Total Pips: +1639

Number of Trades: 16

Winning Trades: 11

Losing Trades: 5

Win %: +68.8

Monthly Pip Average: +102.9

Total Pips: +1235

Set & Forget Forex Signals are generated on the Daily time frame, and the goal is to get into high probability trades with high profit potential. As a result, we are not placing a lot of trades every

month. Just goes to show you… you don’t need to place hundreds or thousands of trades a year to make excellent profits. In 2015, 95 trades were placed, which is a large enough sampling to get a good feel for how the signals perform. You cannot really tell how a strategy performs after just a few trades. But 95 trades are enough to get a pretty good idea of what to expect.

Page 10: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 10

Overall, the signals had a +67.4 win rate. As you can tell, some currency pairs performed better than others. But it is clear you should not expect to win all the time. Due to all the misleading information out there about Forex trading, most people think you need a great win rate to be a profitable trader. It is not uncommon to see systems and services promising 85% to 95% win rates!

In my experience, win rates like these are not realistic.

The truth is, win rate is not as important as

money management and trade management. Yes, a

strategy with poor money and trade management

needs to have an extraordinarily high win rate

to be successful. But again, with my “Low

Expectation Forex Trading” mentality, I favor

proper money and trade management over a high

win rate. (Plus, it takes the pressure off

trading and emotionally handling losses when you

don’t have to win all the time to get fantastic

profits!)

Remember, successful trading is not about winning every trade, or even having a winning month EVERY month… but getting POSITIVE OVERALL results over time.

Trade By Trade Stats By Month

Let’s do a mental exercise… As you go through the trades each month, pay close attention and really try to understand how YOU would react to these results if you were placing these trades.

Page 11: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 11

January:

NOTE: Some of these trades were running since December 2014. Did

you see the 1000 pip trade? I like to call these months “Profit Geysers”, because you see explosive growth that takes our account to

a whole new level of profits.

TIP: You never know when you are going to have a “Profit Geyser” month, so dedicate yourself to trading the signals over the long term. This way, even if it takes a while to get a great month like this,

you will still be trading the signals when a “Profit Geyser” comes along. And once you experience a “Profit Geyser” month for

yourselves, you’ll never want to stop trading the signals.

February:

NOTE: Another great month. Are you starting to see you don’t need to place a lot of trades in order to make nice profits?

Page 12: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 12

March:

NOTE: Another “Profit Geyser” month. Even with 3 losing trades, the pips really add up!

April:

NOTE: Oh no! Our first losing month. If you were trading the signals since the beginning, this would not be such a big deal, even though nobody likes giving pips back to the market. But what if you just

started using the signals service?

Would you have lost faith in the signals service?

Would you have continued placing trades after this losing month? Would you have wanted to leave the service?

Page 13: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 13

TIP: Avoid passing judgment on signal performance until you experience long term results. This is very hard the first year… but becomes increasingly easier as the years go by. You’ll learn some

years are more profitable than others… which is fine as long as you set your expectations within reachable parameters.

Remember, a losing month does not mean the strategy has

stopped working. You need to find it in yourself to just keep pushing forward and placing the trades. And you guessed it… the way

to do this is to take a LONG TERM VIEW of using the signals.

Don’t make decisions based on short term results… or you might sabotage your long term profit potential!

May:

NOTE: Another “Profit Geyser” month! Even with 4 losses there were a lot of big wins that more than made up for them. This is the way

profitable trading works.

CAUTION: If you join the service and happen have a

“Profit Geyser” month, don’t get overconfident and

Page 14: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 14

increase your risk. There are good months and bad…

and you need to be prepared for BOTH.

TIP: Dedicate yourself to at least 6 months of using the service NO MATTER WHAT. You’ll need this experience to figure out your

risk tolerance and what money management strategy is right for your trading personality. Anything less is just too short of a time to make

important decisions.

6 months is long enough to allow you to go through months of gains, consolidation and drawdown and understand how the signals work

over the long term. Only then can you make informed decisions about how best to trade the signals for your goals.

June:

NOTE: Not much trading this month… and not a lot of pips. Yes, it happens. Sometimes the market consolidates and just doesn’t

give up that many pips.

Remember, you can only take what the market wants to give you.

TIP: Avoid judging the service on a monthly basis… either good or

bad. Each month is different. For that matter, each year is different. Try to develop a long term view of performance.

Page 15: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 15

July:

NOTE: Nice month of trading, with another “Profit Geyser”. I feel sorry for people who left the service after last month’s mediocre

performance and missed out on these gains.

August:

NOTE: Not much happened and there were only small gains. If you just joined the signals service you would probably be frustrated with

the low number of trades and small profits.

But keep in mind, not every month can be a “Profit Geyser”. But to experience a “Profit Geyser” sometimes you need to suffer through

some mediocre months like these. Take my word for it, it is worth the wait!

Page 16: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 16

September:

NOTE: Another decent month of trading. Very low stress trading, with only one loss. Smooth and easy profits!

October:

NOTE: Another great month. Imagine, just spending a few minutes a month, and making these kinds of profits.

November:

Page 17: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 17

NOTE: Not many trades and a small losing month. It happens. Not every month can be a “Profit Geyser”. It is best you understand this

from the beginning.

December:

NOTE: The year ends with another winning month! If you have been with the service since the start, you should have some excellent profits

in your trading account.

IMPORTANT: It is beneficial to go over these trades

and understand how it is to trade signals like

these. You cannot get upset about losing trades…

they happen. You cannot get upset about losing

months… they happen.

What is important is the winning trades and winning

months more than make up for the losses… making this

a very profitable way of trading.

How Much Money Can You Make

This is really what people want to know, isn’t it? People trade Forex to make money. And people join signals services to make money. So, this is a reasonable question. The problem is, this is a question that is impossible to answer.

Page 18: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 18

You see, everyone trading the signals will have different size accounts, different risk tolerances, different money management strategies and will join the service at different times. With all these variables, it is impossible to say how much money you would make. Plus, there is no way to tell with certainty what the future will hold. Some years will be better and some worse than this Case Study for 2015. So, stop trying to predict exactly what you will make.

A better use of your time is looking at your Forex trading in a way that makes it feel like you are being well compensated for your efforts. Let’s get some numbers for reference.

If you traded $1 per pip, you would have made $8,920. If you traded $5 per pip, you would have made $44,600. If you traded $10 per pip, you would have made $89,200.

The trading of the signals can be done in 10 minutes a trading day. With an average of 20 trading days a month, you are going to be trading around 240 days a year. 10 minutes x 240 days = 2400 minutes a year (which 40 hours). You are only trading 40 hours a YEAR.

If you made $8,920, that is $223.00 an HOUR! If you made $44,600, that is $1,115.00 an HOUR!

If you made $89,200, that is $2,230.00 an HOUR! Now I don’t know about you, or what type of money you make working your “day job”. But I think these hourly wages are fantastic. And when you look at what can be accomplished with so little effort… Forex trading can be the BEST use of your time for wealth building.

Page 19: Set And Forget Forex Signals Case Study

Set And Forget Forex Signals: “2015 Performance Report”

© 2015 Set And Forget Forex Signals - All Rights Reserved. http://www.SetAndForgetForexSignals.com

Page 19

Conclusion

The purpose of the Set And Forget Forex Signals Case Study is to give you valuable information so you can make an informed decision about what it is like to trade Set And Forget Forex Signals. I think we accomplished our goal.

But the truth is, the only way to find out if you can trade these signals as instructed is to EXPERIENCE them yourself. This is why we are granting you access to a FULL 14 Day Free Trial!

Try out Set And Forget Forex Signals for a full 14 days… no cost.

If you find you cannot trade the signals and don’t want to continue, just cancel and you will be charged NOTHING! No risk on your part.

However, if you want to continue trading the signals, you will be charged a small fee of $49 a month. (Subject to change). You can cancel your subscription at any time. There are no long contracts. And quite frankly, we can find NO reason why not to give our signals a FREE 14 Day Trial.