Rave reviews continue to roll in for Princely Mathew's new trading system at The Smart Money service.
Since launched on May 13, the new system has had a win rate of 84%, yielding 494 ES points for a total weighted return of 12%.
The biggest change in the system is the classification and sizing of trades based on their odds, as gauged by backtests. "A-Class" trades -- those that have a win rate of 96% in Princely's backtests -- are leveraged at 1.5x, whereas B-Class are full-sized trades and C-Class 1/2-sized trades.
Member Canucope wrote this week: "Seriously folks, if you haven’t checked out The Smart Money Room you’re only hurting yourself. The system is as easy to follow as A B C, literally. Princely and the TSM are fine tuning everyday and guiding us through the chop with a profit. Do yourself a favor, at least look at his system back testing and decide for yourself."
"Absolutely superb system and extremely easy to follow," added David 96. "Most of time just enter or exit a trade at end of day. Sometimes the opportunity presents itself during the day."
"My account is up 19% since Princely did his most recent (and spectacular) system revision on May 17," wrote Brockwell.