Cowabunga Trade Record

Cowabunga System Trade Record

Cumulative Stats  
Total: +2596 Pips
Number of Trades 234
Number of Wins 131
Number of Losses 98 (5 breakeven)
Win % 57%
Average Win: 36
Average Loss: 20
Average Pips/Month +210
R-Multiple 131.64

 

December 2007  
3rd-7th +80
10th-14th +67
17th-21st +139
24th-28th Holidays!
Total: +286 Pips
Number of Trades 17
Number of Wins 10
Number of Losses 7
Win % 59%
Average Win: 46
Average Loss: 25
R-Multiple 14.37

 

November 2007  
5th-9th +244
12th-16th +104
19th-23rd -19
26th-30th +73
Total: +402 Pips
Number of Trades 14
Number of Wins 12
Number of Losses 2
Win % 86%
Average Win: 41
Average Loss: 45
R-Multiple 19.04

 

October 2007  
1st-5th +27
8th-12th +11
15th-19th +33
22nd-26th -45
29th-Nov. 2nd +221
Total: +247 Pips
Number of Trades 24
Number of Wins 18
Number of Losses 6
Win % 75%
Average Win: 23
Average Loss: 24
R-Multiple 9.87

 

September 2007  
3rd-7th +111
10th-14th +4
17th-21st +161
24th-28th +41
Total: +317 Pips
Number of Trades 25
Number of Wins 16
Number of Losses 9
Win % 64%
Average Win: 32
Average Loss: 21
R-Multiple 14.91

 

August 2007  
6th-10th +67
13th-17th +75
20th-24th +16
27th-31st -14
Total: +144 Pips
Number of Trades 13
Number of Wins 8
Number of Losses 3 (1 breakeven)
Win % 72%
Average Win: 30
Average Loss: 24
R-Multiple 2.35

 

July 2007  
2nd-6th Vacation!
9th-13th +90
16th-20th +17
23rd-27th +89
30th-Aug 3rd -36
Total: +160 Pips
Number of Trades 19
Number of Wins 10
Number of Losses 9
Win % 53%
Average Win: 28
Average Loss: 14
R-Multiple 7.9

 

June 2007  
4th-8th +163
11th-15th -68
18th-22nd +38
25th-29th 0
Total: +133 Pips
Number of Trades 11
Number of Wins 6
Number of Losses 5
Win % 54%
Average Win: 40
Average Loss: 22
R-Multiple 12.18

 

May 2007  
Apr 30- May 4th +102
7th-11th -27
14th-18th +51
21st-25th +113
28th-Jun 1st +53
Total: +292 Pips
Number of Trades 26
Number of Wins 12
Number of Losses 14
Win % 46%
Average Win: 40
Average Loss: 12
R-Multiple 4.64

 

April 2007  
2nd-6th +19
9th-13th +124
16th-20th -18
23rd-27th -47
Total: +78 Pips
Number of Trades 26
Number of Wins 10
Number of Losses 16
Win % 38%
Average Win: 38
Average Loss: 19
R-Multiple 26.55

 

March 2007  
5th-9th -110
12th-16th +67
19th-23rd -27
26th-30th +19
Total: -51 Pips
Number of Trades 17
Number of Wins 9
Number of Losses 8
Win % 53%
Average Win: 23
Average Loss: 32
R-Multiple 0.49

 

February 2007  
5th-9th +110
12th-16th +66
19th-23rd +38
26th-Mar 2 -40
Total: +174 Pips
Number of Trades 18
Number of Wins 7
Number of Losses 9 (2 breakeven)
Win % 38%
Average Win: 52
Average Loss: 20
R-Multiple 3.67

 

January 2007  
1st-5th +110
8th-12th +46
15th-19th +40
22nd-26th +159
29th-Feb 2 +59
Total: +414 Pips
Number of Trades 21
Number of Wins 11
Number of Losses 8 (2 breakeven)
Win % 58%
Average Win: 47
Average Loss: 13
R-Multiple 15.67

See Track Record for: 2008

  • Topgun_68

    Testing since I wasn’t able to post comments a few days ago!

  • Topgun_68

    Testing since I wasn’t able to post comments a few days ago!

  • sambhu

    I have been using the exact system (learnt in my school of pipsology). I always use fixed S.L.30 and P.L.100. I am trading on daily charts. My loose to win ratio is about 2.5 to 1.My problem is that I do not have trading oppertunity everyday and that my progress is not satisfactory. For last six months I am seriously trading with a demo account. Please suggest me some ways so that I can improve my performance and get enough confidence to open a real account.

  • sambhu

    I have been using the exact system (learnt in my school of pipsology). I always use fixed S.L.30 and P.L.100. I am trading on daily charts. My loose to win ratio is about 2.5 to 1.My problem is that I do not have trading oppertunity everyday and that my progress is not satisfactory. For last six months I am seriously trading with a demo account. Please suggest me some ways so that I can improve my performance and get enough confidence to open a real account.

  • bigpippin

    Sambhu-

    If you are trading the system on a daily chart, 30 pips might be too small of stop loss. Daily charts have larger swings which require larger stops. At the same time your profit targets are also larger. If you are looking for trades everyday then you need to move to a shorter time frame chart such as 15 minute or hourly chart. Until you can make consistent profits for at least 2-3 months I would recommend that you keep demo trading. You definitely don’t want to put your real money in until you feel comfortable in what you are doing. Keep at it. Diligence is the key. Happy trading!

  • bigpippin

    Sambhu-

    If you are trading the system on a daily chart, 30 pips might be too small of stop loss. Daily charts have larger swings which require larger stops. At the same time your profit targets are also larger. If you are looking for trades everyday then you need to move to a shorter time frame chart such as 15 minute or hourly chart. Until you can make consistent profits for at least 2-3 months I would recommend that you keep demo trading. You definitely don’t want to put your real money in until you feel comfortable in what you are doing. Keep at it. Diligence is the key. Happy trading!

  • cosgrove

    I’ve been trying to implement your system via an Expert Adviser on MT4, but I’ve run into some trouble and have given up for now. I know there are tons of MT4 EA resources out there, so it’s only a matter of time until I get it running.

    If anyone else has the same idea and has the system as an expert adviser, please post a link!

  • cosgrove

    I’ve been trying to implement your system via an Expert Adviser on MT4, but I’ve run into some trouble and have given up for now. I know there are tons of MT4 EA resources out there, so it’s only a matter of time until I get it running.

    If anyone else has the same idea and has the system as an expert adviser, please post a link!

  • skiduski

    hi all,
    i’m new to babypips and i must say the resources on this site is amazing!! kkep up the good work. i’ve been demo trading for 3 months now and i’ve made some wins and lots of losses..my problem seems to be i don’t have a reliable trading sy stem . right now i’m in 5th grade and can’t wait to finish so that i can try out the cowabunga system..keep up the good work and more power to ur elbows…keep on piping…

    Kunle Apara

  • skiduski

    hi all,
    i’m new to babypips and i must say the resources on this site is amazing!! kkep up the good work. i’ve been demo trading for 3 months now and i’ve made some wins and lots of losses..my problem seems to be i don’t have a reliable trading sy stem . right now i’m in 5th grade and can’t wait to finish so that i can try out the cowabunga system..keep up the good work and more power to ur elbows…keep on piping…

    Kunle Apara

  • PereUbu

    Great web-site and system. Like the fact that you post your results. As a surfer I love the cowanunga approach.

  • PereUbu

    Great web-site and system. Like the fact that you post your results. As a surfer I love the cowanunga approach.

  • hitekhick

    Reply to sambhu:

    bigpippin uses 4-hour to validate a trend, while using 15 minutes to place a bid. To keep the same tracking on the daily scale, you would need to watch for the trend on a 16-day (3-week) scale (15 min is 4 bars/hr * 4 hrs = 16).

    To pull this back into a mid-length trade (~week), you could watch the trend (originally the 4-hour trend) on the daily scale, and place bids on the hourly scale (originally the 15-minute).

    I did a quick glance at this, and it looks very sweet. Last open entry would be on 4-11 @ 02:00 GMT depending on your trade style, you could enter between 1.9735-55, stop at 1.9675-700. I’d say on the hourly scale, you’d likely be shooting for a 4x bigger collection, say 200 pips, but I think I like 100 pips better on this scale just glancing at it. So it would have closed today with 100 pips before the news. Would it have been wise to hold onto this through the big news to reach 200 pips?

    Just realize that it could very likely leave your position open for a few days to over a week.

    If my info is wrong, please correct me.

  • hitekhick

    Reply to sambhu:

    bigpippin uses 4-hour to validate a trend, while using 15 minutes to place a bid. To keep the same tracking on the daily scale, you would need to watch for the trend on a 16-day (3-week) scale (15 min is 4 bars/hr * 4 hrs = 16).

    To pull this back into a mid-length trade (~week), you could watch the trend (originally the 4-hour trend) on the daily scale, and place bids on the hourly scale (originally the 15-minute).

    I did a quick glance at this, and it looks very sweet. Last open entry would be on 4-11 @ 02:00 GMT depending on your trade style, you could enter between 1.9735-55, stop at 1.9675-700. I’d say on the hourly scale, you’d likely be shooting for a 4x bigger collection, say 200 pips, but I think I like 100 pips better on this scale just glancing at it. So it would have closed today with 100 pips before the news. Would it have been wise to hold onto this through the big news to reach 200 pips?

    Just realize that it could very likely leave your position open for a few days to over a week.

    If my info is wrong, please correct me.

  • tazmet

    Hi. Absolutely love this site! I was extremely tempted to use the 10 minute and 5 minute charts as I don’t have a lot of capital. I admit I tried a 5-minute. It worked for USD/CHF at 18:15 opening on 4/25/07 at 1.2048 but with only a 3 pip profit. I’ll say I got lucky. I’m switching to the 15min because you obviously know more than I do – just don’t know if this will work for me long term due to the stops (trying to limit loss to $100 bucks). My goal is to use two trading systems (one for trending markets and the other for range markets). Hopefully I can make cowabunga work for the trending market and then develop a range strategy using Fibonnaci. I am in the PST time zone and trade best during the hours of 9am-5pm (Lucky me, I can trade at work). I’ve been picking the currencies I trade based on the market open and close. Unfortunately, I have a huge gap between 2pm and 4pm (NY and Tokyo). My question is do you think I can make cowabunga work in those hours? I am able to watch the market and stare at the charts and I actually like doing this. I’ve been testing and it seems to look good so far. P.S., I wish I had found this site before I opened a demo account and lost half of the account balance.

  • tazmet

    Hi. Absolutely love this site! I was extremely tempted to use the 10 minute and 5 minute charts as I don’t have a lot of capital. I admit I tried a 5-minute. It worked for USD/CHF at 18:15 opening on 4/25/07 at 1.2048 but with only a 3 pip profit. I’ll say I got lucky. I’m switching to the 15min because you obviously know more than I do – just don’t know if this will work for me long term due to the stops (trying to limit loss to $100 bucks). My goal is to use two trading systems (one for trending markets and the other for range markets). Hopefully I can make cowabunga work for the trending market and then develop a range strategy using Fibonnaci. I am in the PST time zone and trade best during the hours of 9am-5pm (Lucky me, I can trade at work). I’ve been picking the currencies I trade based on the market open and close. Unfortunately, I have a huge gap between 2pm and 4pm (NY and Tokyo). My question is do you think I can make cowabunga work in those hours? I am able to watch the market and stare at the charts and I actually like doing this. I’ve been testing and it seems to look good so far. P.S., I wish I had found this site before I opened a demo account and lost half of the account balance.

  • cintojond1st

    hi what you do here is overwhelming i practically learnt to trade forex here,though i backed out for sometime but when i came back to read the resources on this site i was again inspired i just found out about the cowabunga system and now i`m trying to dmotrade it if you have any advice for me please post me i`m eager to learn

  • cintojond1st

    hi what you do here is overwhelming i practically learnt to trade forex here,though i backed out for sometime but when i came back to read the resources on this site i was again inspired i just found out about the cowabunga system and now i`m trying to dmotrade it if you have any advice for me please post me i`m eager to learn

  • Newlife07

    Hiya all
    Having played in the forex for a little while with not much success. I’m into my 3rd week of demo trading the Cowabunga
    system and must say i wish i had save the money on few books and had a beer or 2 with the cash. A great site and it’s FREE and you show all the trades done win or loss keep it up for myself i’m on 12wins/7losses and getting better thanks to your COWABUNGA surf

  • Newlife07

    Hiya all
    Having played in the forex for a little while with not much success. I’m into my 3rd week of demo trading the Cowabunga
    system and must say i wish i had save the money on few books and had a beer or 2 with the cash. A great site and it’s FREE and you show all the trades done win or loss keep it up for myself i’m on 12wins/7losses and getting better thanks to your COWABUNGA surf

  • mattranze

    Im trade everyday, may i know more details what is cowabunga system? It’s put my interest to that system.. Care to tell me more?

  • mattranze

    Im trade everyday, may i know more details what is cowabunga system? It’s put my interest to that system.. Care to tell me more?

  • aprntz

    I at present have a demo account with GFT and was wondering how to design alerts that will identify MA crossovers.

    My personality requires trades to be available frequently
    As I sit at the computer during London’s open till its close but on back testing I see opportunities during sleep and would not mind being woken up for these if it is possible.

    Also can anyone advise with regards to brokers conflict of interest in relation to execution of trades.Dealing desk / no dealing desk. is there issues here and if so how are they to best addressed?

    Thanking you.

    Jonathan

  • aprntz

    I at present have a demo account with GFT and was wondering how to design alerts that will identify MA crossovers.

    My personality requires trades to be available frequently
    As I sit at the computer during London’s open till its close but on back testing I see opportunities during sleep and would not mind being woken up for these if it is possible.

    Also can anyone advise with regards to brokers conflict of interest in relation to execution of trades.Dealing desk / no dealing desk. is there issues here and if so how are they to best addressed?

    Thanking you.

    Jonathan

  • darmatt

    Your indication of looking for trend is using a 4hr chart and placing your trades on the 15min chart.

    My questions, FXCM trading station hasn’t got a 4hr chart,
    can I use 60min chart for searching the Trend Line..?

    Cheers mate

    Darmatt

  • darmatt

    Your indication of looking for trend is using a 4hr chart and placing your trades on the 15min chart.

    My questions, FXCM trading station hasn’t got a 4hr chart,
    can I use 60min chart for searching the Trend Line..?

    Cheers mate

    Darmatt