The aim of this system is to beat the returns of the S&P500
The traditional approach to investing is to lump sum or dollar cost average invest in the S&P500 or other ETF's
This system is BUY ONLY and aims to beat the return of the S&P 500 by taking smaller positions with each trade having its own take profit.
Drawdown is hopefully minimised by not opening positions whilst the market is falling. Only when the market is moving upwards will new positions be opened.
There will still be drawdowns when the overall market is going down, but continuous returns can even be made during sideways or downwards markets.
My recommendation for minimum account sizes: £35'000 $45'000 which "should" return approximately 1.5% per month on average at 2 X risk.
Current assets traded are: US500/US30/UK100