The model is now in the hands of a professional regulated trader and is producing solid results. A maximum risk of 1% (of account size) is taken per trade and a maximum of 4% risk per day. The trader can only deal with elective professional clients. These are individuals who meet 2 out of 3 of the following criteria:
- have conducted 10 trades per quarter in the last 4 quarters of 'significant size';
- have a liquid net worth in excess of EUR 500,000;
- has worked in Financial Services in a professional position for more than 1 year that requires knowledge of the services or transactions envisaged.
This link provides more information on the consequences of choosing to be treated as a Professional Client. If you are interested to learn more about the professional managed FX service available to such clients using the STAR:fx model, please call +44(0)7957 142979.
Future market conditions are good for the model too: The resurgent US dollar, worries about a Greek exit from the Euro and negative inflation in the UK is causing volatility leading to more breakout opportunities across the six major spot FX pairs analysed. I will post screenshots daily so you can see how the new model looks and behaves. If you wish to subscribe to a live signals service, please contact me via the blog or on the number provided above.
Good luck in your trading!