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May 29, 2016 at 17:59
Member Since Nov 27, 2015
107 posts
5starsignalspamm posted:
the abs gain is essential because, or, you increase each time the trader can increase it or lose all your capital in a moment
In regards to this, this is a money management issue rather than anything else.
If a set method of risk is used or set rules for max risk as a percentage of equity then there is no effect by new investment coming in.
Lot sizes scale along with the investment capital.
If someone was trading profitable for a year and then was to blow up in a day, the abs gain would give you no red flags of this at all.
It is not a functional metric really.
Should read attentively the forum, your surprise you with huge profits systems that burn new followers ....
Risk comes from not knowing what you're doing.
forex_trader_201100
Member Since Jul 25, 2014
184 posts
May 29, 2016 at 18:07
Member Since Jul 25, 2014
184 posts
Should read attentively the forum, your surprise you with huge profits systems that burn new followers ....
Martingale, grid ... toxic tendencies.
Unsustainable strategies.
Nothing at all to do with the abs gain man.
Bad strategies are bad strategies and the toxic tendencies ones LOOK good for a while and then crash.
Abs gain is irrelevant.
forex_trader_201100
Member Since Jul 25, 2014
184 posts
May 29, 2016 at 18:08
Member Since Jul 25, 2014
184 posts
5starsignalspamm posted:
Should read attentively the forum, your surprise you with huge profits systems that burn new followers ....
Martingale, grid ... toxic tendencies.
Unsustainable strategies.
Nothing at all to do with the abs gain man.
Bad strategies are bad strategies and the toxic tendencies ones LOOK good for a while and then crash.
Abs gain is irrelevant.
May 29, 2016 at 18:14
Member Since Jul 19, 2010
23 posts
fxinvesta posted:5starsignalspamm posted:fxinvesta posted:
I am not criticizing, just put the data, the real gain is 1.39%, if my intention was to criticize, I would say that a gain of 6% a year in a market risk, is ridiculous, there are safer investments, if your looking a return like that.
I personally think the TWR is the variable to track otherwise cash ins and cash outs skew the PL.
We do PAMMs so tracking abs gains is redundant.
We trade selectively and may not trade for a few weeks or a month.
If we do that and we bring in new investment in that time, our abs gain drops through the time we are flat.
So we can sit aside and wait for the better opportunities for a month and be in a draw down in abs gain.
In fact, a successful PAMM is likely to downtrend in abs gain as it attracts new investments.
The abs gain give absolutely no indication of the net profitability of the accounts.
To call the abs gain the 'real gain' would be non reflective.
For a simple example, if there was $2,000 in and it made 100%, there is $4,000 with $2,000 profit.
The system looks good, more money is thrown in.
Let's say $100,000 goes in, the abs gain is now 1%, even though over the time period before this any money in the account will have doubled.
Lets say this was over a year, we have a gain of about 8% a month on this system and for that a DD of 15-20% would be good.
Working on abs gain, the DD is 200x more than the average monthly gain, which is horrific and not fit for investment.
But on the TWR, the real gain, it is 1:3 ratio and statistically unlikely to lose 2 quarters in a years, very good looking investment.
So from a money manager/investor perspective, abs gains are totally pointless as a metric to track.
oK very well all, but I can not know if you increase your investors, or you're raising money because your operations need ... and as here the game is between followed and followers, (A game that I do not, for being absurd), the abs gain is essential because, or, you increase each time the trader can increase it or lose all your capital in a moment
Yeah sure...infact my DD 'is so dangerous! i deposit properly for cover my loss!'
ahahah seriously? But did you see my signal or what? Did you see the avarage dd? it's under 0.1% mostly. the maximum dd is 1.52% and i do not use leverage most of the times! Your concern can be valid of course in some aggressive martingale account but OF COURSE NOT IN MY OWN CASE.
Come on we are kidding us or we analyze seriously in here signals? these conjectures you said, are not my case and you know pretty well that. There is nothing more to say about it.
Change your mind , change your life , change your world.
forex_trader_201100
Member Since Jul 25, 2014
184 posts
May 29, 2016 at 18:18
Member Since Jul 25, 2014
184 posts
neoxis posted:fxinvesta posted:5starsignalspamm posted:fxinvesta posted:
I am not criticizing, just put the data, the real gain is 1.39%, if my intention was to criticize, I would say that a gain of 6% a year in a market risk, is ridiculous, there are safer investments, if your looking a return like that.
I personally think the TWR is the variable to track otherwise cash ins and cash outs skew the PL.
We do PAMMs so tracking abs gains is redundant.
We trade selectively and may not trade for a few weeks or a month.
If we do that and we bring in new investment in that time, our abs gain drops through the time we are flat.
So we can sit aside and wait for the better opportunities for a month and be in a draw down in abs gain.
In fact, a successful PAMM is likely to downtrend in abs gain as it attracts new investments.
The abs gain give absolutely no indication of the net profitability of the accounts.
To call the abs gain the 'real gain' would be non reflective.
For a simple example, if there was $2,000 in and it made 100%, there is $4,000 with $2,000 profit.
The system looks good, more money is thrown in.
Let's say $100,000 goes in, the abs gain is now 1%, even though over the time period before this any money in the account will have doubled.
Lets say this was over a year, we have a gain of about 8% a month on this system and for that a DD of 15-20% would be good.
Working on abs gain, the DD is 200x more than the average monthly gain, which is horrific and not fit for investment.
But on the TWR, the real gain, it is 1:3 ratio and statistically unlikely to lose 2 quarters in a years, very good looking investment.
So from a money manager/investor perspective, abs gains are totally pointless as a metric to track.
oK very well all, but I can not know if you increase your investors, or you're raising money because your operations need ... and as here the game is between followed and followers, (A game that I do not, for being absurd), the abs gain is essential because, or, you increase each time the trader can increase it or lose all your capital in a moment
Yeah sure...infact my DD 'is so dangerous! i deposit properly for cover my loss!'
ahahah seriously? But did you see my signal or what? Did you see the avarage dd? it's under 0.1% mostly. the maximum dd is 1.52% and i do not use leverage most of the times! Your concern can be valid of course in some aggressive martingale account but OF COURSE NOT IN MY OWN CASE.
Come on we are kidding us or we analyze seriously in here signals? these conjectures you said, are not my case and you know pretty well that. There is nothing more to say about it.
The lack of equity deviations indicating floating losses and the lack of high and unsustainable looking win rates to achieve your results make your results look a lot more attractive to watch than the other gentleman's I would say.
From the perspective of someone who spends a lot of time looking at money managers.
Both are too young to make a fair assessment but your abs gain 'issue' is a lot less bothersome to me than large equity/balance deviations.
May 29, 2016 at 18:19
Member Since Nov 27, 2015
107 posts
5starsignalspamm posted:5starsignalspamm posted:
Should read attentively the forum, your surprise you with huge profits systems that burn new followers ....
Martingale, grid ... toxic tendencies.
Unsustainable strategies.
Nothing at all to do with the abs gain man.
Bad strategies are bad strategies and the toxic tendencies ones LOOK good for a while and then crash.
Abs gain is irrelevant.
martingales not generate pips, grids add only balance is easy to detect such players .... I respect your stance for my abs gain is important.
regards
Risk comes from not knowing what you're doing.
forex_trader_201100
Member Since Jul 25, 2014
184 posts
May 29, 2016 at 18:20
Member Since Jul 25, 2014
184 posts
fxinvesta posted:5starsignalspamm posted:5starsignalspamm posted:
Should read attentively the forum, your surprise you with huge profits systems that burn new followers ....
Martingale, grid ... toxic tendencies.
Unsustainable strategies.
Nothing at all to do with the abs gain man.
Bad strategies are bad strategies and the toxic tendencies ones LOOK good for a while and then crash.
Abs gain is irrelevant.
martingales not generate pips, grids add only balance is easy to detect such players .... I respect your stance for my abs gain is important.
regards
I suspect your view point will change if you bring in more investors and see your abs gains dropping even when your making profits in the markets.
May 29, 2016 at 18:28
Member Since Jul 19, 2010
23 posts
And just for say. Just in case you had right and i deposit a lot of money just for cover eventually 'heavy' losses. Don't you think i would use a cent account or few bucks? If i'm interested to show a 'kamikaze scammer strategy' ?
I'm sorry but i don't think any person with mental sanity would risk 20k € REAL MONEY on a stupid strategy like that.
He would be such an idiot with all respect.
As i said i hate those people so much as you. For me that is not trading at all. Who push with lavarage either.
Who try to cheat with a demo/cent or whatever fake statement with unsustanable/automatic strategy is a loser in my own opinion just a lamer nothing can be compared neither far, call him a trader.
I'm sorry but i don't think any person with mental sanity would risk 20k € REAL MONEY on a stupid strategy like that.
He would be such an idiot with all respect.
As i said i hate those people so much as you. For me that is not trading at all. Who push with lavarage either.
Who try to cheat with a demo/cent or whatever fake statement with unsustanable/automatic strategy is a loser in my own opinion just a lamer nothing can be compared neither far, call him a trader.
Change your mind , change your life , change your world.
forex_trader_201100
Member Since Jul 25, 2014
184 posts
May 29, 2016 at 18:29
Member Since Jul 25, 2014
184 posts
neoxis posted:
And just for say. Just in case you had right and i deposit a lot of money just for cover eventually 'heavy' losses. Don't you think i would use a cent account or few bucks? If i'm interested to show a 'kamikaze scammer strategy' ?
I'm sorry but i don't think any person with mental sanity would risk 20k € REAL MONEY on a stupid strategy like that.
He would be such an idiot with all respect.
As i said i hate those people so much as you. For me that is not trading at all. Who push with lavarage either.
Who try to cheat with a demo/cent or whatever fake statement with unsustanable/automatic strategy is a loser in my own opinion just a lamer nothing can be compared neither far, call him a trader.
This would be seen in the equity DD. Abs gain is again a non variable in working out if this is happening.
forex_trader_201100
Member Since Jul 25, 2014
184 posts
May 29, 2016 at 18:30
Member Since Jul 25, 2014
184 posts
Abs gains is fully redundant in PAMM or scaling up investments.
This gentleman will come to see this if he adds investment to the managed accounts he appears to be running (I am guessing this is his first time doing this, or he would know already)
This gentleman will come to see this if he adds investment to the managed accounts he appears to be running (I am guessing this is his first time doing this, or he would know already)
May 29, 2016 at 18:34
Member Since Nov 27, 2015
107 posts
neoxis posted:
And just for say. Just in case you had right and i deposit a lot of money just for cover eventually 'heavy' losses. Don't you think i would use a cent account or few bucks? If i'm interested to show a 'kamikaze scammer strategy' ?
I'm sorry but i don't think any person with mental sanity would risk 20k € REAL MONEY on a stupid strategy like that.
He would be such an idiot with all respect.
As i said i hate those people so much as you. For me that is not trading at all. Who push with lavarage either.
Who try to cheat with a demo/cent or whatever fake statement with unsustanable/automatic strategy is a loser in my own opinion just a lamer nothing can be compared neither far, call him a trader.
never, I suggested that you were or try to cheat, if I misspoke, I offer my apologies. Just say my view, it is not my intention to be hostile
regards
Risk comes from not knowing what you're doing.
May 29, 2016 at 18:36
Member Since Jul 19, 2010
23 posts
fxinvesta posted:neoxis posted:
And just for say. Just in case you had right and i deposit a lot of money just for cover eventually 'heavy' losses. Don't you think i would use a cent account or few bucks? If i'm interested to show a 'kamikaze scammer strategy' ?
I'm sorry but i don't think any person with mental sanity would risk 20k € REAL MONEY on a stupid strategy like that.
He would be such an idiot with all respect.
As i said i hate those people so much as you. For me that is not trading at all. Who push with lavarage either.
Who try to cheat with a demo/cent or whatever fake statement with unsustanable/automatic strategy is a loser in my own opinion just a lamer nothing can be compared neither far, call him a trader.
never, I suggested that you were or try to cheat, if I misspoke, I offer my apologies. Just say my view, it is not my intention to be hostile
regards
No offence, don't worry. 😉
Change your mind , change your life , change your world.
Member Since Dec 04, 2010
1557 posts
May 30, 2016 at 02:08
Member Since Dec 04, 2010
1557 posts
Goddziilla posted:I am not selling anything on myfxbook. I don't display my real accounts they are private as I am not trying to brag about performance and have no need for investors trying to sell anything. You must be illiterate as you can't read the first post. Demo accounts are worthless and not needed in this thread. Start up your own thread if you don't want to comply with the simple rules in post 1.aeronthomas posted:
PLEASE read the first post. Unverified demo accounts are not eligible for this thread at all!
You never had a real account, you trade a demo account only !!! Funny Troll Myfxbook
All your achievements - it's just the air and loudly gab on the forums
You live on a demo money with a demo account ??? 😀 😂
May 30, 2016 at 06:46
Member Since Apr 28, 2016
38 posts
https://www.myfxbook.com/members/amgtrdr/mt4-2143403748/1625194
I always forget to mention, my strategy is actually a commissions generating system. I purposely adjusted my spreads higher and added a commission (which actually rebates back to me). I also trade this way to ensure that I pick my trades wisely~ or execute wisely~ etc.
Sort of my little, costs of doing business, which in my mind must be covered by my tradings, so it's really NOT a big deal. Otherwise I'll just scalp the spread. Risky, but I'm confident I have enough experience to do so. I've been doing it actually for years, although not successful (not profitable yet; But I plan on committing $1 million HKD to this strategy soon), I'm also in the process of creating an algo to replace me for spread trading, and increasing capitals as mentioned.
I have larger accounts with LMAX etc. tho, which I will not share, as I currently do my size there. But I'm seriously considering, just using Juno Markets, alone and just leave enough capital there to ensure a total loss or ruin is only limited to the current balance etc.
Thanks. Good trading to all.
-amgtrdr
I always forget to mention, my strategy is actually a commissions generating system. I purposely adjusted my spreads higher and added a commission (which actually rebates back to me). I also trade this way to ensure that I pick my trades wisely~ or execute wisely~ etc.
Sort of my little, costs of doing business, which in my mind must be covered by my tradings, so it's really NOT a big deal. Otherwise I'll just scalp the spread. Risky, but I'm confident I have enough experience to do so. I've been doing it actually for years, although not successful (not profitable yet; But I plan on committing $1 million HKD to this strategy soon), I'm also in the process of creating an algo to replace me for spread trading, and increasing capitals as mentioned.
I have larger accounts with LMAX etc. tho, which I will not share, as I currently do my size there. But I'm seriously considering, just using Juno Markets, alone and just leave enough capital there to ensure a total loss or ruin is only limited to the current balance etc.
Thanks. Good trading to all.
-amgtrdr
Live to trade another day
May 30, 2016 at 06:47
Member Since Apr 28, 2016
38 posts
But let's say I have $100k USD account, in which I only deposit 2% into current balance each time, even if I blow that account it would only represent a 2% loss on any particular trade~~ Broker margin call, or forced liquidation etc~~ Of course my risk is that I cannot hold large positions and weather to much downside 'risk' etc. I might consider adding deposits based on positions etc.~
This also protects me from brokers going out of business ala Alpari, FXCM, and what's that futures one? MF Global or something? I rather hang on to my cash and park it in bonds while I use leverage to generate returns using nothing but back-tested algorithms.
Plus I am a partner at my brokerage, and we have automated away our dealing desks as a broker and only exist to provide the fastest and most stable liquidity etc.~~ MEANING NO MARKET MAKING~~ WE DON'T TAKE THE OTHER SIDE OF YOUR TRADE~~ REST ASSURED~~ I LIKE HONORABLE AND HONEST BUSINESS~~ NO FUNNY STUFFS~~
There are also ways around certain weaknesses etc, but thanks for pointing out the risk of 'risk of ruin', which has been calculated extensively for each of my systems etc. This is just one of my portfolio of profitable trading strategies/ systems.~
Thanks. Good trading to all~~ Cheers~~
-amgtrdr
This also protects me from brokers going out of business ala Alpari, FXCM, and what's that futures one? MF Global or something? I rather hang on to my cash and park it in bonds while I use leverage to generate returns using nothing but back-tested algorithms.
Plus I am a partner at my brokerage, and we have automated away our dealing desks as a broker and only exist to provide the fastest and most stable liquidity etc.~~ MEANING NO MARKET MAKING~~ WE DON'T TAKE THE OTHER SIDE OF YOUR TRADE~~ REST ASSURED~~ I LIKE HONORABLE AND HONEST BUSINESS~~ NO FUNNY STUFFS~~
There are also ways around certain weaknesses etc, but thanks for pointing out the risk of 'risk of ruin', which has been calculated extensively for each of my systems etc. This is just one of my portfolio of profitable trading strategies/ systems.~
Thanks. Good trading to all~~ Cheers~~
-amgtrdr
Live to trade another day
May 30, 2016 at 07:07
Member Since Dec 11, 2015
6 posts
The mark of a good trader is if his equity curve tracks closely to the account balance or even better leads the balance curve. In the case with neoxis because of the way he trades balance and equity curves are the same. Sometimes this is indicative of traders not accepting losses etc but if you look at his history you will see that no trades are held overnight. From what I can see he uses good money management, although adds to positions (not saying it's a bad thing)
So adding to his account is obviously not to avoid margin calls..
Looks like a good trader to me. (Neoxis, hope you don't mind my analysis :) )
So adding to his account is obviously not to avoid margin calls..
Looks like a good trader to me. (Neoxis, hope you don't mind my analysis :) )
May 30, 2016 at 11:41
Member Since Jul 19, 2010
23 posts
FXTGFund posted:
The mark of a good trader is if his equity curve tracks closely to the account balance or even better leads the balance curve. In the case with neoxis because of the way he trades balance and equity curves are the same. Sometimes this is indicative of traders not accepting losses etc but if you look at his history you will see that no trades are held overnight. From what I can see he uses good money management, although adds to positions (not saying it's a bad thing)
So adding to his account is obviously not to avoid margin calls..
Looks like a good trader to me. (Neoxis, hope you don't mind my analysis :) )
Absolutely not. I'm glad about your considerations on my trading style.
Change your mind , change your life , change your world.
May 30, 2016 at 14:09
Member Since Apr 28, 2016
38 posts
neoxis posted:
https://www.myfxbook.com/members/neoxis/johnnystrategy/1636755
Hi i just discovered this topic few minutes ago.
I don't know what other people thinks to post in here, but if there is some serious investor out there, i'd like to invite him to see my account.
Description:
20.000€ Real Deposit - Account Verified 100% - Broker NDD - FCA Regulated - Darwinex - Maximum DD 1.5% - Avarage DD under 0.1% - Gained around 3.5% - History: 3 months - No martingale - No EA - Pure Manual Trading - No using leverage.
The risk account can be regulated x2-x3-x4-x5 or whatever you like on your own side.
For any info contact me privately.
Hello Neosis,
Thought I'd take a look at your account as well. From what I noticed, just my observation, hope you don't mind~~ Well first, am I reading correctly? You made around 250 euros on a 20k euro account over 3 months? Just wondering, how's that impressive? I mean how are you really gonna generate some profits that are worthwhile?
I
Live to trade another day
May 30, 2016 at 14:09
Member Since Apr 28, 2016
38 posts
I mean it just seems to be a break even account at best after commissions etc. And plus what's up with this thread and people with expectancies, that are almost non-existent.
People your expectancy is your EDGE~!!! Seriously, I am just really curious because I can't wrap my head around it~
What stats are you guys looking at???
https://www.myfxbook.com/members/amgtrdr/mt4-2143403748/1625194
People your expectancy is your EDGE~!!! Seriously, I am just really curious because I can't wrap my head around it~
What stats are you guys looking at???
https://www.myfxbook.com/members/amgtrdr/mt4-2143403748/1625194
Live to trade another day
May 30, 2016 at 15:33
Member Since Jul 19, 2010
23 posts
amgtrdr posted:neoxis posted:
https://www.myfxbook.com/members/neoxis/johnnystrategy/1636755
Hi i just discovered this topic few minutes ago.
I don't know what other people thinks to post in here, but if there is some serious investor out there, i'd like to invite him to see my account.
Description:
20.000€ Real Deposit - Account Verified 100% - Broker NDD - FCA Regulated - Darwinex - Maximum DD 1.5% - Avarage DD under 0.1% - Gained around 3.5% - History: 3 months - No martingale - No EA - Pure Manual Trading - No using leverage.
The risk account can be regulated x2-x3-x4-x5 or whatever you like on your own side.
For any info contact me privately.
Hello Neosis,
Thought I'd take a look at your account as well. From what I noticed, just my observation, hope you don't mind~~ Well first, am I reading correctly? You made around 250 euros on a 20k euro account over 3 months? Just wondering, how's that impressive? I mean how are you really gonna generate some profits that are worthwhile?
I
Do you wanna make me laugh with your account? I let others people answer on this matters after seeing your account if they prefer mine or yours.
Anyways i do not invest only in forex. I have others investments as well but not on fx market. If for you a good investment means 'high %' you are not a trader not even far. You're just living in your own dream. I'm sorry to say that but is the cruel truth.
Regards.
Change your mind , change your life , change your world.
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