What is the winning percentage of Forex Profit Monster?
I personally have over a 66% win rate using Forex Profit Monster, but the answer to the question depends on the currency pair and time frame you are trading; and whether a pair is in a trend or is ranging. The winning percentage can vary widely anywhere from 25% to 90%. However, Forex Profit Monster is a trend following system and therefore can be extremely profitable in the long run, even with a “losing” (less than 50%) winning percentage. Your winners will be MUCH larger than your losers, so even though there may be more losing trades, you will still profit. Be careful about placing too much emphasis on the winning percentage of a system. Most systems claiming high winning percentages are built around Martingale progressions or ridiculous Risk/Reward ratios (a profit of 10 pips with a 200 pip stop loss). What these system sellers don’t tell you before you buy is that your winners will be small, and the few losers you have will be very large… sometimes large enough to wipe out your en
