ForexSurvivor is a dynamic trading system that avoids all market noises. This program is neither a trend-following nor a counter-trend system but a combination of both. ForexSurvivor was created early in 2000 and after eighteen months of rigorous testing, ForexSurvivor Partners decided to start live trading, since the system was out-performing most of the existing FX benchmarks.
A target can take 2 days to achieve or it can take 2 weeks to a month. Using the factors mentioned above will only attempt to rush or delay a trade to a target. Strategies in use are sometimes reassessed if signal is still holding a position. It is always better to have an optimal entry rather than have to adjust a poor trade.
Why DOES forexsurvivor does not use stop-loss?
ForexSurvivor does not use stop-losses. Many different kinds of stops (percentage, fixed dollar amount, etc) have been tested and it has been proven that the system performs best without the use of stop-losses. Its performance actually improves by 30% when no stop-loss is used. ForexSurvivor is always in the market which is an amazing achievement for any trading system.