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This post has been selected as an answer to the original posters question
I signed up with Mark last week.
I would say that the results on his website are true, but the commissions are not included.
The results on the website says for 4 contracts and that would be true about 75% of the time.
If you trade the method according to the rules about 5% of the time you will have about 24 contracts on the trade at one time. So if you are a one contract trader you will need to have the capacity to be able to trade 6 contracts for this method according to the rules.
Mark also has 2 other trades that he teaches that you can trade just one contract with no add-ons.
There is also life time access to his room where you can see him trade his live account on the protrade setup (showing his DOM)
If you want more information, give him a call.
Last edited by Ben16JP2; March 12th, 2012 at 01:10 PM.
I was hoping to hear from someone with extensive experience with the EZ Pro approach, but the comments here are informative.
I am intrigued that you may have as many as 24 contracts (4x6) on the trade in some cases. That must mean adding to the trade continually as it goes against your position.
Like I used to do trading Risk Arbitrage (mergers).
In his webinar, the EZ Pro guy said to add to the position after an 8 tick drawdown, ($100 in the ES - and with a -7 point "catastrophic" - $350/contract - stop loss) but never explained going beyond that and adding more contracts to a losing position.
Not to say the strategy isn't workable, but it seems the drawdown would get a lot bigger, unless I'm not understanding something about when and why those additional contracts are added.