Kathy Lien Boris Schlossberg Trades
I cancelled the trading signals provided by Kathy Lien’s and Boris Schlossberg’s sometime in March 2007. The reasons why?
Read my post titled, Done with Boris and Kathy Service
Their results since I canceled aren’t much more impressive, in fact probably worse.
Their website is located at http://www.bkforexadvisor.com
Their trading philosophy is this:
"…every single one
of our trades is a fusion of both fundamental and technical analysis.
We also believe that money management is just as important as the
entry, which is why we practice defensive trading. This means we try to
bank profits as often as possible regardless of the size and reduce our
risk in the market as early as possible. In order to achieve this, we
usually trade lot sizes in multiples of two (2). There is always a
first target (known as T1) and a second target (known as T2). It is our
rule of thumb that whenever T1 is reached, we move our stop on the
remaining position to breakeven (the entry price) so there is no longer
any real risk and we have banked a portion of the profits. This allows
us to NEVER TURN A WINNER INTO A LOSER."
Below is the performance since I started tracking on December 20th, 2006.
| Month | Pip P/L | Gross P/L | Total # of Trades | Total Winning Trades | Total Losing Trades | Total Even Trades | Avg. Winning pips | Avg. Losing pips |
| 7 | 62 | $551.3 | 4 | 3 | 1 | 0 | 35 | -42 |
| 8 | -97 | $-764.2 | 19 | 9 | 10 | 0 | 20 | -28 |
| 9 | 22 | $-112 | 17 | 8 | 9 | 0 | 27 | -21 |
| 10 | 6 | $90 | 4 | 3 | 1 | 0 | 18 | -49 |
| Total | -7 | $-234.9 | 44 | 23 | 21 | 0 |
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