I believe this system will give mostly winning trades especially in a non trending market. There are no stops so more contracts are added as the Dax moves against the trade direction. This moves the average price closer to the current price. The system will work unless there is a long trend with no semi major change of direction like the current market has for the last couple of months. Soon there are many open contracts along with a huge losing position than almost anybody could be comfortable with. I am unsubscribing for now but will probably rejoin after the government stops manipulating the market.

A very dangerous system, unless you have really DEEP pockets. I think this is meant for institutional investors with accounts in excess of a million dollars.

Previous review spot on. In my brief time with Dax Catching, trader would add contracts as it moved against him, resulting in the drawdown that began Oct 4, 2010. The market may bail him out, but its a risky system. System often trades one contract at a time, so there is no way to scale down from the current $1 million model account. Not appropriate for smaller accounts.

Adds to position when it runs against trader. Requires large capital and risks are substantial.