DOOR ECN (Por FXPIG)

The user has made his system private.

Discussão DOOR ECN

Mar 29, 2012 at 07:20
3,648 Visualizações
27 Replies
Membro Desde Jan 21, 2011   39 postagens
May 12, 2012 at 07:11
How to decide for your managed system when even history is hidden?
Month by month:
Membro Desde Sep 12, 2009   313 postagens
May 12, 2012 at 10:30
WHEN YOU CALCULATE EQUITY AND WTHDRAWL AND BALANCE
I CANT SEE ANY PROFIT AFTER 500 TRADES IN SUMMERY
Membro Desde Mar 29, 2012   24 postagens
May 12, 2012 at 19:35
The history is hidden to protect our system, our property, from being retro-engineered or otherwise stolen.

The results are 100% accurate. We had an influx of deposits recently so the absolute returns as of today are near flat, however the growth shown here since inception is correct.

If you believe it is incorrect, you obviously do not know the difference between total and absolute gains.
Where Traders Come to Win
Membro Desde Jan 21, 2011   39 postagens
May 13, 2012 at 06:25
You really think with such answer/approach you will attract any potential clients?
Lucky you: Obviously you don't need new clients.
Why you publish this 'miracle' scalping system here then? Looks like it is useful for your brokerage under special conditions only.
Month by month:
Membro Desde Mar 29, 2012   24 postagens
May 13, 2012 at 08:25
Such an approach? As in trying to protect our intellectual property?

Our system is published here in order to provide third party verified tracking, just as any other system on myfxbook.

It took us nearly a year to put together the right liquidity flow in order to be sure our system would work to it's full potential on our feed. This business, the FX business, is VERY complex and there are many facets that need to be examined before the creation and optimization of a trading system can begin. If it was only so easy as most people seem to think.

There is no 'miracle' here and as with ANY forex trading system, all participants should be aware that trading in the FX market is a very volatile and based on 100% speculation. There is no perfect system, regardless of what others may lead you to believe.

Where Traders Come to Win
Membro Desde Mar 29, 2012   24 postagens
May 13, 2012 at 08:25
Just a quick FYI - Just because the information is hidden or private does not mean it can be manipulated. We have spent years developing and optimizing this system and keeping it public means risking it being copied or stolen. This is the only reason it has been made private.
Where Traders Come to Win
Membro Desde Jan 21, 2011   39 postagens
May 13, 2012 at 09:11
Dear FxPig,
I see you have more than 5 years of experience... and you really have no idea when your intellectual property would be stolen? I could understand this only if you are not a programmer. In that case ask your programmer please not to make such posts as you already did: You just decreasing your credibility here if you have any.
You have to know thousands of members and traders here are not so stupid as you think and a lot of us are programmers too and some of us have over 10 or 20 years of experience even like me at fx business. And we all know that EA was never stolen only because we can see trading history. Your EA can be hacked only if you will sell it and you have not good protection inside.

The other question is what you want to achieve with presentation of your system here: If you do this for your own satisfaction or for any other your private reason - it's ok, then you can hide and do anything you want and there is no need for any discussion at all. If your presentation is for commercial reason - then you are doing it wrong. But it's up to you again. You are the boss and the owner of your property. So no further discussion needed too by me. Anyway I have picture now about your system and your brokerage already. You told us a lot with your posts above beside the way you are presenting your system.
Month by month:
Membro Desde Sep 12, 2009   313 postagens
May 13, 2012 at 10:04

   trew posted:
   Dear FxPig,
I see you have more than 5 years of experience... and you really have no idea when your intellectual property would be stolen? I could understand this only if you are not a programmer. In that case ask your programmer please not to make such posts as you already did: You just decreasing your credibility here if you have any.
You have to know thousands of members and traders here are not so stupid as you think and a lot of us are programmers too and some of us have over 10 or 20 years of experience even like me at fx business. And we all know that EA was never stolen only because we can see trading history. Your EA can be hacked only if you will sell it and you have not good protection inside.

The other question is what you want to achieve with presentation of your system here: If you do this for your own satisfaction or for any other your private reason - it's ok, then you can hide and do anything you want and there is no need for any discussion at all. If your presentation is for commercial reason - then you are doing it wrong. But it's up to you again. You are the boss and the owner of your property. So no further discussion needed too by me. Anyway I have picture now about your system and your brokerage already. You told us a lot with your posts above beside the way you are presenting your system.


well said if he is here for
potential investors : he has to show history/no one steals his EA by seeing trades
if he is for managed account ; he has to show history , recently many people lost their money on PAMM hotforex
if he is for his personal reasons means to keep an eye on statics we dont need to see his history
Membro Desde Mar 29, 2012   24 postagens
May 13, 2012 at 20:05

I am not sure how this discussion became so hostile.

I am not a programmer, I am however a trader with both retail and institutional side experience, since the passing of the Commodities Futures Modernization Act in December 2000. (Seeing you have 20 years of experience I assume you worked for a desk prior to 2000?)

While a programmer may need to see the code behind a system to copy it, a trader can spot 'anomalies', patterns, and other clues simply following the way a system trades, when it trades, and what it is trading. Perhaps this is not as accurate as having the full code, and perhaps this is over zealousness on my part to protect it, but in the end all I want to do is protect my investment and be sure our system is able to perform up to a certain level.

Sometimes it can be difficult to interpret text, and I apologize if I came off as being rude. That was not the intended purpose of my messages.

Where Traders Come to Win
Membro Desde Dec 23, 2011   4 postagens
May 13, 2012 at 20:46

   FXPIG posted:
 

While a programmer may need to see the code behind a system to copy it, a trader can spot 'anomalies', patterns, and other clues simply following the way a system trades, when it trades, and what it is trading. Perhaps this is not as accurate as having the full code, and perhaps this is over zealousness on my part to protect it, but in the end all I want to do is protect my investment and be sure our system is able to perform up to a certain level.
I am a programmer and also a trader. While I agree that investors may not be able to his trades, there is a good possibility to re-engineer the system if the system is long term but ofcourse it will be a tedious process and the system has to be so much promising to put that effort. I fully agree FXPIG's interest in protecting his system if he feels it can be copied/stolen. The investor has to decide based on what he sees as returns and drawdown before deciding investing.

All said and done, it is a big gamble everyone should be aware of and no programmer or experienced trader would be willing to part with a system he developed over years of testing/trading and/or losing money:)


Membro Desde Sep 12, 2009   313 postagens
May 13, 2012 at 20:52
see recently a trader called commented on system uploaded by JATRADER


youngchang May 09 at 11:19 (edited May 09 at 11:20 )
In your statements, You lost in pips but you did not lose the equity.

I never saw this kind statements yet.

How do you do that?????????????

THis JATRADER in his stament showing pips loses in closing statments
 but end result of that specifc trade is positive (I am not talking martingale )
he has soon put history into hiding mode
so stl you can fake Myfxbook statments
Membro Desde Mar 29, 2012   24 postagens
May 13, 2012 at 20:57
That IS possible. You can have 2 trades for example; 1 with 1 lot and 1 with 50 lots. If they 1 lot trade losses 10 pips and the 50 lot trade gains 5, you are net negative in pips and net positive in equity.

That being said, this happens a lot with partial fills on large tickets but I do not see such a phenomenon in our trading.

We simply had an influx of deposits which offset the gain and absolute gain, not to mention the value per pip.
Where Traders Come to Win
Membro Desde Sep 12, 2009   313 postagens
May 13, 2012 at 21:04

   FXPIG posted:
   That IS possible. You can have 2 trades for example; 1 with 1 lot and 1 with 50 lots. If they 1 lot trade losses 10 pips and the 50 lot trade gains 5, you are net negative in pips and net positive in equity.

That being said, this happens a lot with partial fills on large tickets but I do not see such a phenomenon in our trading.

We simply had an influx of deposits which offset the gain and absolute gain, not to mention the value per pip.

I am talking about just single trades pips showed -25 but reslt dolllars is positive ,
checke dno other trades closed at same time
Membro Desde Mar 29, 2012   24 postagens
May 13, 2012 at 21:43
Just so we are clear. Is this related to our system?

Where Traders Come to Win
Membro Desde Jun 18, 2011   52 postagens
Jun 11, 2012 at 05:57
I don't think anyone is going to be desperate to reverse engineer a system that maintains a floating drawdown of between 10 and 20% most of the time. There are plenty other martingale systems that are less risky.
Membro Desde Dec 05, 2011   5 postagens
Jun 13, 2012 at 07:04
SmoothHedge, what you said is simply false, I'm watching this system almost everyday and I saw the history when it was public and it gave me an idea for an own EA (https://www.myfxbook.com/members/gestur1976/sistemas-propios/302256) so it's not that strange to try to reverse engineer a system.

Anyone who tried to code a non-martingale system knows how difficult it is to create a winning and consistent system.

BTW, I use FXPIG too. It's the best broker I tried until now.
Membro Desde Mar 29, 2012   24 postagens
Jun 13, 2012 at 07:14

   SmoothHedge posted:
   I don't think anyone is going to be desperate to reverse engineer a system that maintains a floating drawdown of between 10 and 20% most of the time. There are plenty other martingale systems that are less risky.

The DOOR system is NOT using Martingale rules for ticket size. Our trade sizes are constant based on the overall size of the account in USD.

As our average trade duration is less than 1 hour I am not sure how we can hold onto floating drawdowns 'most of the time'.

Cheers,
Where Traders Come to Win
Membro Desde Jun 18, 2011   52 postagens
Jun 13, 2012 at 07:23

   FXPIG posted:
   

   SmoothHedge posted:
   I don't think anyone is going to be desperate to reverse engineer a system that maintains a floating drawdown of between 10 and 20% most of the time. There are plenty other martingale systems that are less risky.

The DOOR system is NOT using Martingale rules for ticket size. Our trade sizes are constant based on the overall size of the account in USD.

As our average trade duration is less than 1 hour I am not sure how we can hold onto floating drawdowns 'most of the time'.

Cheers,

That's even more strange. How are you going into 10 to 20% draw down day after day with all new trades?
Membro Desde Mar 29, 2012   24 postagens
Jun 13, 2012 at 07:29
Given the dynamics of price action the past 15 to 30 days we have seen some larger than normal open trade draw downs, however this is not the norm. This system has been run for nearly 3 years, the 2011 forward test is visible on our member page, and we have a 2010 forward test available on another stat web site, and in that time we have only seen small pockets of time where open trade DD hits these levels. Closed trade DD has been kept below 25%.

All systems have there drawn down periods, but in the end the point is scalability and profitability and this system up till now has proven to be both scalable and profitable, but as with all systems we are always looking to optimize it in order to be sure it prospers in all market conditions.

Cheers,
Where Traders Come to Win
Membro Desde Nov 25, 2011   26 postagens
Jun 30, 2012 at 20:35
I have no dog in this fight, but I can understand why Kevin would want to not post trades. By looking at a trading style, you can emulated it, even if you don't employ the exact same methods, which is potentially a loss of intellectual property for the owner. I don't show my trades for the same reason, even though I am not selling my system.

It is a verified account on myfxbook, and if you believe in this site's reputation for verification, then the numbers are what they are. If you don't like the way he runs his statistics, then you have the choice to not do business with him. I can say that I would not do anything different if I was him. Just my 2 cents.

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