David's Gold Strategy Telegram Channel Review. Verified Trading Statistics & Results in 2025-2026

Telegram Channel Overview

• Channel Name: David's Gold Strategy

• Full Years of Operation: 1

• Number of Subscribers: 9589

• Trading Style: day trading Trading Sessions: London Sessions

David's Gold Strategy

@Davidwithforex

Back Testing Results: BAD

Free Signals: 495

Win Rate: 28%

Period: 18.05.2025 - 18.05.2026

Pips of Profit: −16,038

Free Signals Backtesting & Reviews

• Average Profit per Signal: 90 pips

• Markets: gold

• Average Holding Time: 8 hours

• Average Profit a Week: −318 pips

• Number of Signals: 0-2 a day

Signals Statistics

Month	Win Rate (%)	Number of Signals	Avg Profit (pips)	Total Profit (pips)
Jun 2025	27%	42	90	−1,361
Jul 2025	29%	45	90	−1,296
Aug 2025	26%	41	90	−1,476
Sep 2025	30%	43	90	−1,204
Oct 2025	25%	44	90	−1,628
Nov 2025	28%	42	90	−1,361
Dec 2025	27%	40	90	−1,296
Jan 2026	26%	46	90	−1,656
Feb 2026	29%	41	90	−1,181
Mar 2026	28%	45	90	−1,458
Apr 2026	30%	43	90	−1,204
May 1–18 2026	27%	23	90	−745
Total / Average	28%	495	90	−16,038

Best Free Signals

XAU/USD	XAU/USD	XAU/USD	XAU/USD
90 pips	92 pips	88 pips	91 pips

Worst Free Signals

XAU/USD	XAU/USD	XAU/USD	XAU/USD
-80 pips	-82 pips	-79 pips	-81 pips

Key Statistics Insights:

1. It would have lost money every week without exception

While there were 1–4 positive signals every day during the London session, a negative expectancy (-32.4 pips per trade) ensured that all weeks finished in the red. Even in weeks where there was a relatively large number of winners, losses outweighed those wins as their amounts were very close (80 pips against 90).

📉 50 weeks went by without making any profit whatsoever.

2. It is performing worse than random guessing

As for Gold (XAU/USD) during the London session, any random approach to trading would result in winning about 50% of the time (not taking into account spreads). The 28% win rate means the trading signals from the channel were unprofitable and systematically worse than tossing a coin: a trader should have done the opposite.

🪙 Tossing a coin would yield half of the losses.

3. Despite losing ~16,000 pips in one year, the channel gained ~9,600 subscribers

Within one year of activity, this channel managed to grow to 9,589 subscribers, although an average follower lost about 1,300 pips per month. Which means that most subscribers are either:

Not trading the channel's signals, or

Being misled by the way the channel presents itself, e.g., boasting of "successful trades" and ignoring losses.

📢 For every winning trade that yielded 90 pips in profit, there would follow 2.5 losing trades that lost 80 pips each.

4. The most profitable single trade (+92 pips) is just above the average loss (−80 pips)

Another interesting thing that can be observed is the fact that while the most profitable trade made 92 pips profit, the worst losing trade only cost the trader 80 pips – which makes the best trade about 12 pips better. However, since winning trades are less common (one trade out of three), the gap cannot matter.

⚖️ The best trades felt like winning lottery tickets, but were too rare.

The Bottom Line

After 11.5 months of operation with nearly 10,000 subscribers, David’s Gold Strategy has delivered a net loss of −16,038 pips trading exclusively Gold (XAU/USD) during the London session.

The channel advertises a reward/risk ratio of 1.12 (winning trades average +90 pips, losing trades average −80 pips). On paper, that sounds reasonable. In reality, the 28% win rate makes this setup mathematically doomed. A trader following every signal would have lost money every single weekfor almost a full year.

The Good

• Signals are frequent (1–4 per day) and focused on a single market

• Holding time (~8 hours) is reasonable for day traders

• Some individual wins reach +90 to +92 pips

  
  

The Bad

• 28% win rate is worse than random guessing (a coin flip wins ~50%)

• No profitable week in over 50 weeks of trading

• Average loss of −80 pips nearly cancels out the average win of +90 pips

• Subscribers lost ~318 pips per week on average
  

The Ugly

For every winning trade, there are 2.5 losing trades. The channel’s subscriber count (9,589) likely persists because winning trades are celebrated publicly while losing streaks accumulate quietly.

Our Rating: Bad

Final verdict: If you are in this channel, do the opposite of every signal. Better yet, leave and find a channel with a win rate above 50% or a much higher reward/risk ratio.