Model & Performance Analysis
A) Intro
B) First Strike Trader
1) Overview
2) Trading Methodology
3) Benefits
4) Trade Screenshots
5) Trade Logs
Support: support@firststriketrader.com
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Intro
Greetings and Welcome to our Blog,
The First Strike Trader and First Strike Signals are two of the most compelling signal products available today in global currency trading. Both systems are derived from our signature trading approach, the First Strike Counter Trend Trading methodology.
The First Strike Trader is a more passive trade replicator model, that clients can easily plug into and effectively mirror their own accounts to our Master Trading Account.
First Strike Signals is the more active trading version, providing world class entries and stops to our clients all around the world. This is delivered in a basic web version, as well as advanced versions that will make it much easier for the active trader to engage.
Lets look at each product individually, beginning with the First Strike Trader.
First Strike Trader
Overview
Overview
The First Strike Trader is a cutting edge, Global Currency Wealth Platform.
After four years of running one of the most successful live trade rooms ever, client demand became very high for a simpler, more hands free approach to our uniquely consistent system.
The First Strike Trader provides clients a nearly passive solution allowing the average trader/investor with limited experience to virtually mirror our highly trained Master Traders, and trade the Forex market professionally. It is a simple plug and play solution, allowing clients to easily sync their own accounts directly to our corporate Master Trading Account.
The client is welcome to use any MT4 Forex Broker they prefer. Once they have their Fx account opened, it generally takes about 20 minutes to sync their personal account into the First Strike Trader. No software download is required. Alternatively, our technology partner can assist in the FST set up for $22, which is credited to the client's first payment if they decide to move forward at the end of their trial period.
The First Strike Trader is neither a robot, a black box, or an algorithm. All of our trades are created and placed by our Master Traders, and then managed through our internal trade management software. We are 'human based, and software assisted'.
In addition to our goal of generating compelling returns for our clients, we are constantly striving to keep account drawdowns down to an absolute minimum. We do this through very careful money and trade management strategies. As a result, we feel our return to drawdown ratios are among the best in the industry.
Trade Methodology
With the First Strike Trader, we employ a very unique trading approach....that we call the First Strike Counter Trend methodology.
It means that we strike first at the moment a significant trend changes.
As traders, we are.... 'All in, & we scale out'.
We place pending orders....Buy Limits & Sell Limits only.
Advanced trade and risk management strategies are used to exit with multiple profit targets, while also moving stops to reduce the overall trade risk, and protect any accumulated profits.
We do our best to avoid major news announcements that can affect the specific pairs we are trading, as that often creates a stressed, volatile and unpredictable market.
We simply trade Raw Price Action, which can go back 1 month, or 1, 5, 10, or 15 years.
We also use the occasional Fibonacci as a type of a market tape measure, which can help to further justify and corroborate our trades.
That's it. Raw Price Action, & Fibonacci. We trade with probably the cleanest, simplest charts in the world.
Interestingly, we generally have anywhere from 300 to 400 buy and sell trades ready to go on the 8 currency pairs we trade, that we will take in the next 12 hours....or.... 24 months, as long as they do not trigger during a major news announcement.
How is it that we are so historically consistent?
In essence we feel we have figured out where the big players... the banks, governments and hedge funds... put their financial fences so to speak. We then trade these areas with incredibly tight stops, with the goal of limiting potential drawdowns to smooth our growth curve and protect account capital.
We believe that the First Strike Counter Trend trading methodology is built upon a very solid and consistent foundation. For example....what are the odds....that all these big players (the Banks, Governments & Hedge Funds etc.) would suddenly and simultaneously all switch to another trading methodology, essentially abandoning relying on historical price action that literally goes back months, years, and decades? What other methodology would there be for them to transition to, that would work similarly as well?
Our point exactly. It is in fact highly unlikely that they will all change their time honored approach of raw price action trading. Looking through the historical accuracy of our system is another clue to this of course. Few trading systems in the world have come close to this level of historical accuracy, and the return to drawdown ratios that are generated.
Yes, the market will continue to gyrate and stress at times as it always has....but in our experienced opinion....the closer you are able to trade to the 'core' of it, the less likely you are to be shaken out.
Our point exactly. It is in fact highly unlikely that they will all change their time honored approach of raw price action trading. Looking through the historical accuracy of our system is another clue to this of course. Few trading systems in the world have come close to this level of historical accuracy, and the return to drawdown ratios that are generated.
Yes, the market will continue to gyrate and stress at times as it always has....but in our experienced opinion....the closer you are able to trade to the 'core' of it, the less likely you are to be shaken out.
Demand has been extremely high for our groundbreaking Global Currency Wealth Platform. Specifically, for our unique approach to the market, our advanced risk and trade management techniques used, and the ease and affordability with which clients are able to engage with us.
The First Strike Trader has been characterized historically by strong trade win ratios, paired with exceptionally tight stops. As any seasoned trader/investor can attest, this highly valued, unusual combination provides a solid foundation for a successful and long term wealth strategy.
We work as hard on preventing account drawdowns, as we do on creating compelling returns for our clients.
Our goal is to provide a very open and transparent platform, that is affordable... and more importantly easy.... to set up and engage.
Our goal is to provide a very open and transparent platform, that is affordable... and more importantly easy.... to set up and engage.
The First Strike Trader 30 Day Trial is an excellent way for clients to come aboard and demo our world class currency platform.
First Strike Trader Benefits
- Passive option to professionally trade the global currency markets
- Clients always retain sole control over their own accounts
- Advanced trade and risk management strategies
- Exceptionally tight stops help minimize account drawdowns
- Twice weekly client Q&A webinars hosted by our Master Trader
- Accounts can be funded with Cash or Qualified Funds, such as a 401(k), IRA or Roth
- Trading opportunities in both up and down markets
- Easy Dashboard Monitoring
Trade Screenshots
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Please see our expanded disclaimers on the bottom of our website.
Only Risk Capital Should Be Used.
Please see our expanded disclaimers on the bottom of our website.
Only Risk Capital Should Be Used.
Lets take a look at some historical screenshots and trade logs, to get a better idea of what is behind this system. The screenshots below show fairly typical Long and Short Trades. Note the tight stops which help to reduce account drawdowns.
Note the preponderance of green (wins) vs. red (losses) as we scale out and close the trade....which is an integral part of our risk and trade management strategy.