Verbtheory's Day breakout System
With proper money managemnt - it might give you 5% to 20% return per month
Visit this link to read the whole system
http://www.forexnirvana.com/showthread.php?t=549
From my 10 months backtesting from July 2008 to April 2009, Average monthly pips gain is 100 pips to 400 pips, monthly return can reach 5% to 20% per month. If you start trading with fund of usd $100 with tight moeny management, within 10 months, you can reach 60% to 250% return of investment. (Ya, it is much more higher than saving your money in bank!)
But Please bear in mind that, every investment/trading do involve risk, sometimes you might get loss...so the key thing here is about money management, how you control your risk and reward! With a good proper money management even though trading with a normal system, you still can make money from it.
Regarding to this system, it has good potential to earn some consistent profits in the long run, it might not make you super rich in short period of time but it will bring you small/medium consistent part time income yearly.
Key benefit to part time trader,
You only need to execute your trade at 0GMT (8am malaysia time), 15 minutes of your time daily will do.
Note: I am working some adjustment to this system to see whether it can be traded on any daily time range that we selected. For example, I prefer to execute my trade at 8pm malaysia time (12pm GMT), so my daily time range starts from 12pmGMT to 11:55am GMT (8pm malaysia time to 7:55pm Malaysia time). By doing this adjustment, traders can choose to execute his/her trade according to their available time.
Will update the adjustment progress later.
If you have any comment and feedback, please let me know..
Happy trading.
