Pipsopolis Review

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The suppliers of this Forex signal service construct their alerts using both technical and fundamental analysis. The firm attempts to project a realistic image of Forex trading by issuing remarks, such as ‘Forex is a marathon and not a sprint’.  Consequently, it has adopted a strategy structured on the concept of assisting its clients achieve prosperity using small increments of increasing risk exposure. This approach is in sharp contrast to many of its main rivals who tend to favor a more dynamic and volatile ride.

In fact, this company promotes the idea that the financial markets respond to events similar to living entities because of their sizeable dependence on human nature. Consequently, in order to trade such volatile environments successfully, you basically require a proven and well-tested strategy. This specific philosophy provided the birth of Pipsopolis.

This signal service has not only been extensive back-tested over an extremely long period of time, but has been subjected to intense trails in real-time using live accounts. Although all this research involved significant amounts of arduous work, the company now feels that it is beginning to reap the benefits.

So, do the live trading results of the Pipsopolis truly endorse all these remarkable claims or is it just one more over-glorified signal service? The subsequent investigation unearths some important insights which throw light on these pertinent queries.

Performance Tests

The results from a sequence of tests, that have recently been performed, are now detailed in the following table. In addition, the average values are displayed in the rightmost column.

 

Test 1

Test 2

Test 3

Average

Total Trades

112

104

102

106

Short Positions (won)

58

50

48

52

Long Positions (won)

60

52

50

54

Profit Trades

66

58

56

60

Loss trades

52

44

42

46

Largest Profit

$307

$299

$297

$301

Largest Loss

$185

$177

$175

$179

Average Profit

$54

$55

$53

$54

Average Loss

$68

$60

$58

$62

Maximum Consecutive Wins

16

8

6

10

Maximum Consecutive Losses

15

7

5

9

Average Consecutive Wins

3

2

4

3

Average Consecutive Loss

1

2

3

2

 

Key Parameters

What do these tests truly disclose about the aptitude of Pipsopolis to create worthwhile profits using a real account? Basically, you can utilize these results to create its 3 key performance parameters, as presented below. These vital numbers are now calculated for this signal service using the average values listed in the above table.

1.       Win-to-loss ratio = 57%

2.       Reward-to-Risk ratio = 0.87

3.       Expectancy Value = $4.12

The above values reveal that the Pipsopolis appears to have the ability to generate a return of $4.12 for every $1 placed at risk over the long-term.

User Comments

A thorough internet investigation did not unearth any serious negative comments or reviews about the Pipsopolis Signal Service. However, no positive statements or recommendations, that could be readily verified, were discovered either.

Verdict

Despite this signal service posting reasonable performance parameters, there are some nagging issues about the quality of the figures issued. For instance, the reward-to-risk (R/R) ratio is slightly beneath unity, which is always a nervous sign. In addition, the win-to-loss (W/L) ratio is only average compared to other services on offer at present

The key influence of these disappointing values is that they force the vitally important expectancy value (EV) to slump to a worrisome $4.12. Taking into consideration that the trading data used to create the performance parameters required numerous months to capture, this poor EV limits the potential of the Pipsopolis from generating sizeable profits in the future during similar time-frames. For instance, problematic and unforeseen market conditions could produce an increased number of losses. Nonetheless, if this signal service still entices you then you should initiate our advised path forward in order to perform a more detailed study of this product.

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