The best system I've ever seen!

May 30, 2014 at 17:06
2,694 Views
37 Replies
Member Since Apr 14, 2013   402 posts
May 30, 2014 at 17:06
https://backoffice.rvdmarkets.com/statistics/mzpi-mzpi/43719

 What do you guys think about his growth?
Focus on pip-drawdown
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
May 30, 2014 at 20:13
not enough history
Member Since Apr 24, 2014   212 posts
May 30, 2014 at 21:42
hmm interesting
Get rich or just die
Member Since Jun 28, 2011   465 posts
May 31, 2014 at 07:05
Blocks his trades, blocks his history, how can anyone asses the risk involved. Not for me.

Bob
where research touches lives.
myfxpt
forex_trader_43716
Member Since Aug 06, 2011   345 posts
Jun 17, 2014 at 08:15
Drawdown of 60.11% pretty much tells me all I need to know! 😎
Member Since Jun 28, 2011   465 posts
Jun 17, 2014 at 15:21
Gary, what if a system is designed to use more draw? The draw really only tells you how efficient you are working. If you never get higher than 10% draw, that means that the other 90% of your money isn't doing anything for you. Plus, depending on the system, it could do well staying around 10% draw, then fail completely within a couple of days. Draw down should be treated like an indicator, sometimes they're wrong so we can't put too much faith in it. However, the system in question is so week in so many areas, I'm with you, it tells me all I need to know too.

Bob
where research touches lives.
Member Since Jun 03, 2010   696 posts
Jun 17, 2014 at 20:04
myfxpt posted:
Drawdown of 60.11% pretty much tells me all I need to know! 😎

Even 66,67%

Indeed, Much of profit lost . Seems like margin call was around the corner.
PAMM MANAGER // Professional Fund Manager
Member Since Apr 24, 2014   212 posts
Jun 17, 2014 at 20:46
over $30k loss, danggg
Get rich or just die
myfxpt
forex_trader_43716
Member Since Aug 06, 2011   345 posts
Jun 17, 2014 at 23:07
ForexAssistant posted:
Gary, what if a system is designed to use more draw? The draw really only tells you how efficient you are working. If you never get higher than 10% draw, that means that the other 90% of your money isn't doing anything for you. Plus, depending on the system, it could do well staying around 10% draw, then fail completely within a couple of days. Draw down should be treated like an indicator, sometimes they're wrong so we can't put too much faith in it. However, the system in question is so week in so many areas, I'm with you, it tells me all I need to know too.

Bob

That's one way of looking at it, Bob. What if I have multiple open positions, most of which are at profit lock where SL is beyond breakeven? I might only show 10% drawdown, and yet 90% of my funds are utilised. There's always more to it than meets the eye, I agree, but high drawdown is dangerous. Cheers, Gary.
Member Since Feb 18, 2014   86 posts
Jun 18, 2014 at 06:39
well, with history blocked there really is no time to waiste on this...
On the little data that is available, I also don't like that avg win is smaller than avg loss, but that's my personal preference on trading systems. I know people trade successfully without that.
GBLab
forex_trader_72498
Member Since Apr 05, 2012   93 posts
Jun 18, 2014 at 06:40
Russian broker, Russian trader - this only is enough to stay out.
Member Since Jun 03, 2010   696 posts
Jun 18, 2014 at 08:11
GBLab posted:
Russian broker, Russian trader - this only is enough to stay out.

I have nothing bad to say about broker, but this pamm is definietly not for normal people ;)
PAMM MANAGER // Professional Fund Manager
Patience
forex_trader_1819
Member Since Oct 18, 2009   230 posts
Jun 28, 2014 at 17:58
Master_Kiwa posted:
https://backoffice.rvdmarkets.com/statistics/mzpi-mzpi/43719

 What do you guys think about his growth?

KABOOM!

I see a bear flag.
Member Since Jun 03, 2010   696 posts
Jun 28, 2014 at 18:00
Patience posted:
Master_Kiwa posted:
https://backoffice.rvdmarkets.com/statistics/mzpi-mzpi/43719

 What do you guys think about his growth?

KABOOM!

I see a bear flag.

This broker has stop-out level on 50%, so surley there was a stop-out!
PAMM MANAGER // Professional Fund Manager
Patience
forex_trader_1819
Member Since Oct 18, 2009   230 posts
Jun 28, 2014 at 18:12
adrian8891 posted:
Patience posted:
Master_Kiwa posted:
https://backoffice.rvdmarkets.com/statistics/mzpi-mzpi/43719

 What do you guys think about his growth?

KABOOM!

I see a bear flag.

This broker has stop-out level on 50%, so surley there was a stop-out!

Well they're Russian. You 'Put-in' but no 'take out'.
Member Since Jun 03, 2010   696 posts
Jun 28, 2014 at 20:32
Patience posted:
adrian8891 posted:
Patience posted:
Master_Kiwa posted:
https://backoffice.rvdmarkets.com/statistics/mzpi-mzpi/43719

 What do you guys think about his growth?

KABOOM!

I see a bear flag.

This broker has stop-out level on 50%, so surley there was a stop-out!

Well they're Russian. You 'Put-in' but no 'take out'.

I had no problems with withdrawal even with amounts like $30 000 or $20 000.

Best regards,
Adrian
PAMM MANAGER // Professional Fund Manager
GBLab
forex_trader_72498
Member Since Apr 05, 2012   93 posts
Jun 28, 2014 at 21:05
Patience posted:

Well they're Russian. You 'Put-in' but no 'take out'.

Anybody need translation?
Member Since Jun 03, 2010   696 posts
Jun 28, 2014 at 21:22
I think most of us needs ;)
PAMM MANAGER // Professional Fund Manager
Patience
forex_trader_1819
Member Since Oct 18, 2009   230 posts
Jun 29, 2014 at 06:19
adrian8891 posted:

I had no problems with withdrawal even with amounts like $30 000 or $20 000.

Best regards,
Adrian

Well this particular account says it has 1053.37% growth but if you click on the profit tab it says -$3.3k. I must have gone to the wrong school. I was never taught that you could have positive percentage growth yet be negative on your $$$ profit. That's a new one on me.
GBLab
forex_trader_72498
Member Since Apr 05, 2012   93 posts
Jun 29, 2014 at 06:37
adrian8891 posted:
I think most of us needs ;)

Well, a lot of Russians on this forum, let's wait ...
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