Forex Precog Proof (And Our Test)
I’ll let you in on a little secret. I know Michael Nurok and have had a copy of Forex Precog on my charts for a while now. (I don’t like to talk about Forex systems unless I have personal experience with them). So, I could talk about the system and how good it is at finding high probability setups and managing the trade to profits.
But the truth is, at the end of the day, what is most important is the ability of the strategy to make profits.
Micheal Nurok has provided a lot of videos of individual trades so you can see the system in action…
Yes, that is pretty impressive. But seeing that the creator of the system can trade profitably is one thing. But can YOU trade the system profitably is the real question. So, I’ve done my own test recently.
Of course, I have not been able to trade Forex Precog long term. But over the time I traded the system, the results are impressive.
This was done on a $10,000 account and using a small 1% per trade. I would place 2 trades when I got a signal so the risk is really 1/2% per trade. Each trade was then managed according to 2 different trailing stop methods. And as you can see, there are a lot of wins… and some of the wins catch a large portion of the move.
As yo probably know by now, being profitable is not about winning all the time. But it is important that you win more on your winning trades than you lose on your losing trades. And as you can plainly see… Forex Precog does just that. So, combining the trading strategy with the trade management… this has the potential to be a hugely profitable system.