Thanks again for the sterling work. I may have missed something but over what period are these figures?

Interesting that GBP is less per pip. I was thinking of asking if there's a cheaper way into this. ie. less Draw Down exposure ($). Am I right in saying that if MaxDD is say 300pips, this is 300 x $12.50 = $3,750 (EUR)? If so, it's a bit of a sharp intro to automated trading for me. Anyone know the 'least risky' (cash terms) instrument I can trade with IB? I like the idea of auto-trading with IB, but would prefer to build up to risking that sort of cash.

I've been doing some back-testing myself. This also worries me, as I think the Max DD of 300 may be conservative over the longer term. I'll try & post some results when I'm more confident I've got it right. I notice on this post you have 'Max Draw', on the March Contract you have 'Loss'. Should that be DD as well?