This is a query we often get from clients who want to start.
Let us assure you that the fxcot system is NOT a GRID OR MARTINGALE system
Every single trade has a clearly defined stop which is anywhere between 35 pips to 5 pips. As a pair moves into a profit, trailing stops kick in and protect profits.
The system overall has a very high winrate at 82% and a overall DD from over 8 years at 20%.
So from the very first trade you get in your account, you will realise thgat every trade is has carefully adjusted stops which move down to protect stops as we go along. stops are never ever widened. No trade is kept for long or no position is increases in size from initial position lots.
It is a phenomenal system unlike any you have seen ever before.