This is an automated video message to show you the results for 2013.

We are trading the RSI indicator, also known as Relative Strength index.

Maybe you heard that most traders lose their money within the first six months.

Actually, this is true for about 80 percent – if we can believe the statistics…

I guess that a too high risk is the reason, so we are going to use a risk setting of 5 in this backtest.

If you look at the balance and the equity curve, you might notice, that we have sudden draw downs that are looking like steps downwards.

Whenever you see something like that, it is a good idea to adjust the risk setting.

If you would trade with a risk setting of 10, the result might be rather unpleasant in 2013.

Of course we are using a demo account, so it is not going to harm us, but most folks think that demo accounts are a waste of time.

They want to achieve big profits in a very short time – and that is often the reason for a big loss.

If you are interested in avoiding losses, you might want to watch the other performance videos on RobotTradingSystem.com – or wherever you get your trading performance videos.

Download “RSI ROBOT TRADING SYSTEM DEMO VERSION - WORKS WITH AUDCAD ON DEMO ACCOUNTS ONLY” RSIDemo.zip – Downloaded 4385 times – 72.06 KB