Backtesting is a good way to find the right settings for an automated system.
I have traded the Bollinger Bands and several other entry signals for years now and one thing is really interesting.
It is always possible to make a profit – if you adjust the trading risk to the market conditions.
2011 was a very good year for the Bollinger Bands, 2012 was also okay, but in 2013 we only trade with a risk setting of 4.
Things change in the markets and if you are able to adjust your system to the current conditions, it is possible to trade for several years and have good results.
But most people use a too high risk, right from the beginning and that might cause the account to collapse.
It is hard to see losses and it is also hard to watch your trading account making a small profit when you have made much bigger profits for another trading year.
If you are able to deal with it – without manipulation – you have good chances to become profitable in the long run.
If this is something you are interested in, you might want to watch the other performance videos on RobotTradingSystem.com – or wherever you get your trading performance videos…
Download “BOLLINGER BANDS ROBOT TRADING SYSTEM DEMO VERSION - WORKS WITH AUDCAD ON DEMO ACCOUNTS ONLY”
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