The Lindencourt Free Daily Forex System : an In-depth Look
A fellow trader emailed me a few days ago asking me if I had ever used the Lindencourt daily trading system which he considered was a very good idea based on the daily time frame that could be used by those people interested in gaining profitability in the long run without dedicating too much time to forex trading. As the strategy was made freely available by the Lindencourt people, my friend was excited about it and asI like strategies that attempt to exploit long term trading opportunities I decided to give this system a shot and see if it was actually worth using in live trading. On today's post I will share with you my journey in the evaluation and use of this system and what conclusions I have drawn from this seemingly simple trading tactic. First of all, my friend was very excited about the system but he had no answer to any of my questions about the system's fundamental characteristics. What is the system's average risk to reward ratio ? What is the average compounde...