it seems you had a nice month.

March was very nice indeed in pretty much every asset class. I had a +25% month which is more than ok. Energy assets and currencies had most responsible for that return.

Hi,

Yes it was an excellent months trading, in particular for Sniper Forex.

It is also to hear that others have had such a good month too - thanks for the update.


ReviewTeam - www.systemsfortraders.com

After such a great month for Sniper we hit one of the worst in April:

Date Dir Entry Exit P/L
6-Apr-10 Short 15219 15225 -6
6-Apr-10 Long 15229 15240 11
7-Apr-10 Short 15204 15238 -34
7-Apr-10 Long 15270 15221 -49
8-Apr-10 Short 15156 15222 -66
8-Apr-10 Short 15180 15240 -60
8-Apr-10 Long 15263 15323 60
12-Apr-10 Short 15412 15376 36
13-Apr-10 Long 15390 15365 -25
13-Apr-10 Short 15365 15422 -57
14-Apr-10 Long 15451 15470 19
15-Apr-10 Short 15413 15467 -54
15-Apr-10 Long 15490 15430 -60
16-Apr-10 Short 15387 15462 -75
19-Apr-10 Long 15310 15290 -20
20-Apr-10 Long 15400 15345 -55
21-Apr-10 Short 15350 15395 -45
21-Apr-10 Long 15404 15416 12
22-Apr-10 Short 15395 15395 0
23-Apr-10 Long 15393 15310 -83
27-Apr-10 Short 15441 15283 158
28-Apr-10 Long 15283 15223 -60
28-Apr-10 Short 15223 15202 21
29-Apr-10 Long 15221 15315 94

April Profit/Loss = -338

With an average Stop loss of just over 70 pips and 2% risk per trade, April Profit/Loss = -9.5%, giving back almost half our profits from last month.


Do remember, your comments are important, if you decide to purchase this system, please support us by using our link and by reporting back your findings, both are valuable to us and the service.

ReviewTeam - www.systemsfortraders.com

Hi,
Sorry it's taken so long to post my results but I've been rather busy just lately, anyway here they are.

March

2nd
long 1.4967
exit 1.5064
97 points profit

4th
short 1.5080
exit 1.5110
30 points loss

long 1.5109
exit 1.5046
63 points loss

short 1.5037
exit 1.5059
22 points loss

8th
short 1.5085
exit 1.5011
74 points profit

10th
long 1.4968
exit 1.5035
67 points profit

12th
long 1.5120
exit 1.5151
31 points profit

15th
short 1.5149
exit 1.5053
96 points profit

16th
long 1.5096
exit 1.5285
189 points profit

18th
short 1.5308
exit 1.5313
5 points loss

short 1.5235
exit 1.5013
222 points profit

22nd
long 1.4967
exit 1.5055
88 points profit

23rd
short 1.5063
exit 1.5051
12 points profit

long 1.5040
exit 1.5000
40 points loss

24th
short 1.4959
exit 1.4902
57 points profit

25th
long 1.4899
exit 1.4855
44 points loss

short 1.4880
exit 1.4892
12 points loss

29th
long 1.4935
exit 1.4998
63 points profit

31st
long 1.5145
exit 1.5253
108 profit

Thats a very tidy 888 points profit for March. With the average stop being 65 points and the usual 2%
risked per trade, shows a return on the account of approx 27%.

April

5th
long 1.5269
exit 1.5228
41 points loss

6th
short 1.5226
exit 1.5218
8 points profit

long 1.5225
exit 1.5249
24 points profit

7th
short 1.5210
exit 1.5217
7 points loss

long 1.5228
exit 1.5247
19 points profit

8th
short 1.5158
exit 1.5231
73 points loss

short 1.5185
exit 1.5240
55 points loss

12th
short 1.5417
exit 1.5369
48 points profit

13th
long 1.5380
exit 1.5351
29 points loss

short 1.5365
exit 1.5423
58 points loss

14th
long 1.5446
exit 1.5477
31 points profit

15th
short 1.5402
exit 1.5462
60 points loss

long 1.5488
exit 1.5434
54 points loss

19th
long 1.5305
exit 1.5287
18 points loss

20th
long 1.5402
exit 1.5341
61 points loss

21st
long 1.5404
exit 1.5419
15 points profit

22nd
short 1.5392
exit 1.5390
2 points profit

27th
short 1.5449
exit 1.5301
148 points profit

29th
long 1.5225
exit 1.5321
96 points profit

Thats a 65 point loss for April. With an average stop of 60 points thats a 2% loss on the account for the month.

Hi Chris,

Thanks for posting. Look forward to seeing how you got on in May as we are most disappointed with our results considering the move in Cable at the beginning of the month.


ReviewTeam - www.systemsfortraders.com

A very very disappointing month for Sniper in our opinion. A 1,000+ pip fall in GBP/USD at the beginning of the month and instead of licking our lips we are licking our wounds:

Date Dir Entry Exit P/L
4-May-10 Short 15219 15169 50
5-May-10 Long 15167 15110 -57
5-May-10 Short 15086 15099 -13
11-May-10 Long 14888 14878 -10
12-May-10 Short 14833 14855 -22
13-May-10 Short 14755 14637 118
14-May-10 Short 14556 14630 -74
17-May-10 Long 14488 14420 -68
18-May-10 Long 14478 14443 -35
18-May-10 Long 14465 14404 -61
18-May-10 Short 14358 14324 34
19-May-10 Long 14335 14347 12
20-May-10 Short 14369 14395 -26
20-May-10 Long 14369 14351 -18
24-May-10 Short 14428 14311 117
25-May-10 Long 14354 14354 0
26-May-10 Short 14350 14415 -65
26-May-10 Short 14366 14415 -49
26-May-10 Long 14429 14460 31
26-May-10 Long 14569 14556 -13

May Profit/Loss = -149

With an average Stop loss of around 100 pips and 2% risk per trade, May Profit/Loss = -3%. As noted above, we are extremely disappointed about this. We are currently monitoring the effort/reward in relation to this system.


Do remember, your comments are important, if you decide to purchase this system, please support us by using our link and by reporting back your findings, both are valuable to us and the service.

ReviewTeam - www.systemsfortraders.com

Originally Posted by Reviewteam

A very very disappointing month for Sniper in our opinion. A 1,000+ pip fall in GBP/USD at the beginning of the month and instead of licking our lips we are licking our wounds:

Date Dir Entry Exit P/L
4-May-10 Short 15219 15169 50
5-May-10 Long 15167 15110 -57
5-May-10 Short 15086 15099 -13
11-May-10 Long 14888 14878 -10
12-May-10 Short 14833 14855 -22
13-May-10 Short 14755 14637 118
14-May-10 Short 14556 14630 -74
17-May-10 Long 14488 14420 -68
18-May-10 Long 14478 14443 -35
18-May-10 Long 14465 14404 -61
18-May-10 Short 14358 14324 34
19-May-10 Long 14335 14347 12
20-May-10 Short 14369 14395 -26
20-May-10 Long 14369 14351 -18
24-May-10 Short 14428 14311 117
25-May-10 Long 14354 14354 0
26-May-10 Short 14350 14415 -65
26-May-10 Short 14366 14415 -49
26-May-10 Long 14429 14460 31
26-May-10 Long 14569 14556 -13

May Profit/Loss = -149

With an average Stop loss of around 100 pips and 2% risk per trade, May Profit/Loss = -3%. As noted above, we are extremely disappointed about this. We are currently monitoring the effort/reward in relation to this system.


Do remember, your comments are important, if you decide to purchase this system, please support us by using our link and by reporting back your findings, both are valuable to us and the service.

ReviewTeam - www.systemsfortraders.com

Your site is really great because I get to monitor how I would go if I actually ended up using the system myself. I purchased the system and then made an EA out of it and followed it exactly as prescribed and I noticed the same thing - I made good money, then lost good money too! I've noticed that you get one or two really good rides but then there are quick market turns which kill your money quickly - times like these sniper really fails. However you've reignited my interest to view over my results again and post them.

Hi,

Thanks for the comments - It's always useful to have input from people with experience of or actually using a system.

Thanks again - We look forward to hearing back from you.


ReviewTeam - www.systemsfortraders.com

Hi, is the live trading room for Sniper still working? It doesn't seem to be working for me.

As someone just starting to trade this system on a live account, the large discrepancies between your results and the "official" ones are quite disturbing. Obviously all this isn't as intuitive/easy as I had hoped =P.

It sure is - the general link to the rooms is here and the link to Sniper is here.

Please let us know if you have a problem.

Yes, there is usually a difference between all of us who trade Sniper and we all seem to report different results - Please note we have just moved to half stakes on Sniper due to recent performance.


ReviewTeam - www.systemsfortraders.com