45 pip loss on Wealthbuilder today but still a good, profitable month again. Neil has made a slight change to the ‘stop at 24 system’ which will mean no 3rd trade if the first 2 are losers. This will mean that the maximum loss will be 30 pips and, apparently, after back testing will improve the performance.
funnily enough this was something suggested to me by Jeffrey a reader of this blog who reasoned that if the market is choppy enough to give you 2 losers is it not more likely to give a 3rd than a winner. makes sense & Neil obviously had the same idea.
New bank £748.22
New stake £1.67