Do you think you can turn $200 into $400 in six weeks?

Jul 30, 2012 at 11:35
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1,641 Replies
Member Since Aug 19, 2013   182 posts
Jun 20, 2014 at 22:24 (edited Jun 20, 2014 at 22:40)
I was't going to respond to you any longer, but because you are making false claims and fraudulent statements, you leave me little choice but to response to this.


Master_Kiwa posted:
1) I am a real trader

No you admitted you use 'TEST' accounts and that myfxbook sees them as LIVE, when in fact they are not. They're the same thing as demo. Manipulation of the myfxbook stats page with fake data to make it look as though you're using a live account is fraudulent and misrepresentation of the facts.

Master_Kiwa posted:
2) Your a demo trader whose account was discovered for being a fake real account in which you've deleted RIGHT after and then you have started heavy bashing since.

No. I deleted my contest account because I was no longer participating against you in the trading challenge.
My account was live and validated. Grow up kid. Furthermore, you already admitted you're accounts are 'TEST' accounts which are similar to 'DEMO' and not real accounts with live money in them.

Master_Kiwa posted:
3) You also Margin called your demo account running that silly support resistance Ea you created.

No, I generated about 20% gain in 4 days with an impressive 2.4% draw down. Something only a skilled trader can do.
Unlike your blown accounts that you hide behind with adjusted timeframes.

Master_Kiwa posted:
Anyway fraudster you have most certainly made my day. Not only did I run laps around you today but I discovered your fraud and pissed you off so muxh that you took your account down. Jajajaja Silly American... Think they know everything. Oh no disculpa. Tu eres boriqua si es sierto no? Cuanto chino marica de la gran verga. Eres manso gringo que ni tiene plata para limpiar su culo. Es por eso que sigue haciendo transcaciones en cuantas demostrativas. jajajajjaajjaaajjaj

You're right you pissed me off and I removed the account. Because it wasn't worth trading against you and your 'TEST' accounts which you openly admit you have flagged as live. But they aren't live accounts at all.

If you want to be honest and not be a fraud, then label your accounts for what they are. DEMO accounts.

Furthermore please refrain from using racist and abusive comments in spanish.

Have a nice day.
Viva La Puerto Rico!
Member Since Aug 19, 2013   182 posts
Jun 20, 2014 at 22:30 (edited Jun 20, 2014 at 22:33)
CrazyTrader posted:
I'm not taking the piss, I need some explanation about this 'Pip Drawndown' please.

It doesn't make sense to me. How does Myfxbook calculate this?

The minimum is 0 pips, so how Pips DD can be 16.8?

Also 'Profit missed' is always negative which makes no sense... A profit can't be negative otherwise it's not called profit.




How far from the highest price was your close price on that specific trade?
How far from the lowest price was your close price on that specific trade?
Check the pip differences and see if those match up with the data.
And yeah, -$profit on those little data windows make no sense.

Viva La Puerto Rico!
Member Since Oct 24, 2013   268 posts
Jun 20, 2014 at 22:39 (edited Jun 20, 2014 at 22:52)
It is supposed to show how much further a trade would have continued in the direction of your open position before reversing. Or how far it reversed from the top or bottom before you closed the position. In other words it's an indication of exit accuracy and can be a dangerous stat that will encourage you to chase tops and bottoms.

I believe that if you followed your trading rules it was a successful trade even if it lost money. If you broke your trading rules or intervened in the functioning of your EA it was not a successful trade even if you made money. Second guessing to chase tops and bottoms is too random to be sustained and brings with it too many emotional pitfalls. If your strategy or EA is not as accurate as you would like change it. But never in the heat of battle with trades open.
You can't spend open trades.
Member Since Nov 21, 2011   1718 posts
Jun 20, 2014 at 22:51
Thank you guys, here i understand with another example:




Exit accuracy = 0 means looser trade.

Max = 11
Min = -26
So Pips Drawndown = 37 (Highest - lowest)

When we have a looser trade so Max should be 'Profit missed'


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Member Since Aug 19, 2013   182 posts
Jun 20, 2014 at 22:58 (edited Jun 20, 2014 at 23:00)
I changed the country in my user profile to Puerto Rico rather than United States.

Puerto Rico IS part of the United States.

Just like Guam is part of the United States as a territory. Or the US Virgin Islands. etc....
Viva La Puerto Rico!
Member Since Apr 14, 2013   402 posts
Jun 21, 2014 at 01:17
Hablas espanol Codemonkey?
Focus on pip-drawdown
Member Since Apr 14, 2013   402 posts
Jun 21, 2014 at 01:18
CrazyTrader posted:
Thank you guys, here i understand with another example:




Exit accuracy = 0 means looser trade.

Max = 11
Min = -26
So Pips Drawndown = 37 (Highest - lowest)

When we have a looser trade so Max should be 'Profit missed'


 Lets see if you can do some math... Since you didn't post the lot size. How can you can figure out the lot size with the information given?
Focus on pip-drawdown
Member Since Apr 14, 2013   402 posts
Jun 21, 2014 at 01:38
Master_Kiwa posted:
CrazyTrader posted:
Thank you guys, here i understand with another example:




Exit accuracy = 0 means looser trade.

Max = 11
Min = -26
So Pips Drawndown = 37 (Highest - lowest)

When we have a looser trade so Max should be 'Profit missed'


 Lets see if you can do some math... Since you didn't post the lot size. How can you can figure out the lot size with the information given?

 That's easy...

Information which will be needed *****ONCE YOU VERIFY YOUR ACCOUNT WITH THE INVESTOR PASSWORD*******

1) DRAW-DOWN %
2) PIP-DRAWDOWN
3) CALCULATOR
4) FINGERS
5) BASIC MATH


1) .54%
2) 37 PIPS
3) 10,000USD TIMES .54% = 5400 <----- Move the decimal place (not shown here but to the right of the last 0) over to the left twice. **********You know have the following number********* 54 What does 54 mean? 54 USD IS .54% OF 10,000USD (MY ACCOUNT VALUE) So of 10,000usd. I have only been in red for only 54 usd dollars. More then 9900 in buying POWER.
4) BLOWING FINGER
5) If you didn't get 54 yourself then you should take up basic math.


 This post is an informative one. I don't just take information and say.... HE LOOK YOU HAVE A TRADE OF 37 PIPS in red.. Well that isn't even 1% of my account. So is that called excellent money management or not? Being selective and taking trades which you felt would do well, and when you simukate it, that very trade turns into negative pips.Yet it's ok because it is only worth less then 55 usd, and I ended up profiting 1000+ usd. What is the profit to risk ratio? 1301 profit divided by 54 dollars (most of money the system was ever in red) = 24:1 ratio..... <---- For every 1 usd I go in red, I end up earning 24 usd...... :)



Attachments:

Focus on pip-drawdown
Member Since Apr 14, 2013   402 posts
Jun 21, 2014 at 02:01 (edited Jun 21, 2014 at 02:03)
You see the difference between you and I is that I can show stats. Trades. Transactions. Not what he is doing everyone. He is posting stats Of an account which wasn't used when he was using his demo account.

 He is referring to an account which once NEVER CAME TO BE POSTED BY ME! So why are you bring up that account?

 Why aren't you talking about the account which caused you to close yours?

 All of my accounts are real. You mention that 'the bubble' can only be seen by the account owner? Well I guess I am crazytrader then... Have a look at the following link.
https://www.myfxbook.com/members/CrazyTrader/dirty-girl-competition/951598

Go to page 3 and scroll down to where it says DEPOSIT. *****Is that a bubble I see?***** I'm sorry man from 'P.R.' you were saying? Now click the link BUBBLE *which CodeMonkeyTheAccountDeleter* SAYS only the account holder can see. Well I am master_kiwa and Crazytrader...... Well everyone else who clicks the link and goes to page 3 will have the ability to hack CRAZYTRADER'S myfxbook page.

 LADIES AND GENTS ELVIS HAS LEFT THE BUILDING..... As I said in the prior post that why can't we post PRODUCTIVE post, instead of this hate. Notice how he has to respond to everything. Yet the NUMBERSSSS. which he deleted can not be compared. I have mine. They are not altered. REAL ACCOUNT, VERIFIED.
Focus on pip-drawdown
Member Since Nov 21, 2011   1718 posts
Jun 21, 2014 at 10:23
I posted here and I said, 'I wanted some explanation about those information' that I have never paid attention. Why? Just because i was trading before this data was available and I never needed it. In other words, I needed an expert to tell me more about.

We see that you can't explain anything to anyone without being arrogant. You are 10 times more arrogant than I while I'm the french in this story!

My question was simple... 'How does Myfxbook calculate the Pip Drawdown' on the first post!!!

Secondly, we see that you don't know how to read this data! => 'HE LOOK YOU HAVE A TRADE OF 37 PIPS in red'

Dear 'Pip DrawDown's Expert' in the exemple above... the trade can't be 37 pips in red as MINIMUM was 25 !!! For someone who talks about Pip Drawdown 15 times a day... that's a huge mistake.

=> ( I already told you and I will repeat as long it is necessary for you: 'Take time to read, think twice before you reply.'.. otherwise, you look very stupid )

Ps: You always talk about difference about demo and live. (You vs me)

Listen carrefully, and read many times as needed until you agree with this:

There is no difference between Demo vs Live regarding this bubble information!
Member Since Nov 21, 2011   1718 posts
Jun 21, 2014 at 11:09
Ps: If you can't admit this... I will also stop conversating with you because enough is enough,... It's like when i trade, I do the difference between patience vs hope.

If I feel like like I can optimize my entry set up or get more profit extending my TP, I will wait (Patience)

If I know a trade is dead, i will cut it. (Hopeless)

This is what I'm about to do with you if you don't show me any positive signs.
Member Since Apr 14, 2013   402 posts
Jun 21, 2014 at 13:42
Crazytrader I've already explained many times how pip-drawdown is calculated.

 There is a BIG difference between the DEMO VS LIVE regarding the bubble. I have posted your demo account, which reveals what your bubble says, and then I have posted my account (the one which started with 10k) and what the bubble says.

 As for the example which you've posted.... Which you have not indicated is my account or not..... Yet you have misunderstood something which was posted in the graph. Yet, since fxworkz has explained it to you, I won't do it again. You should check out this website. www.babypips.com <------ You'll learn alot there.
Focus on pip-drawdown
Member Since Nov 21, 2011   1718 posts
Jun 21, 2014 at 14:09
As for the example which you've posted.... Which you have not indicated is my account or not.....

Obviously this wasn't your account. Since when could you get such stats as a scalper.






So far you have all the information.

The question is still the same: How does Myfxbook calculate 16.8 Pip Drawdown?

Ps: One more time, It doesn't matter if this picture come from a live or demo account. Data shown would be the same!!!


Attachments:

Member Since Jan 01, 2013   126 posts
Jun 21, 2014 at 14:47
CrazyTrader posted:
As for the example which you've posted.... Which you have not indicated is my account or not.....

Obviously this wasn't your account. Since when could you get such stats as a scalper.






So far you have all the information.

The question is still the same: How does Myfxbook calculate 16.8 Pip Drawdown?

Ps: One more time, It doesn't matter if this picture come from a live or demo account. Data shown would be the same!!!


I don't know where do those 16.8 pips come from.... but this is a great trade :)

P.S. I suspect that those pips correspond to commission paid on the trade... not sure though...
Member Since Apr 14, 2013   402 posts
Jun 21, 2014 at 15:02
CrazyTrader posted:
As for the example which you've posted.... Which you have not indicated is my account or not.....

Obviously this wasn't your account. Since when could you get such stats as a scalper.






So far you have all the information.

The question is still the same: How does Myfxbook calculate 16.8 Pip Drawdown?

Ps: One more time, It doesn't matter if this picture come from a live or demo account. Data shown would be the same!!!


 Here is how we could figure it out. As it appears that the data is incorrect for your demo account.

Open your mt4 demo account
Open your account history tab
Find the same trade which are asking about
Click it once and drag it to the chart.
Then take a snapshot of the two lines draw down on your chart please.

 That would be the only way for us to confirm if myfxbook is calculating the draw down correctly or not.
Focus on pip-drawdown
Member Since Nov 21, 2011   1718 posts
Jun 21, 2014 at 15:31
Here we go:




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Member Since Apr 14, 2013   402 posts
Jun 21, 2014 at 15:59
CrazyTrader posted:
Here we go:




 I would suggest opening a REAL ACCOUNT. It appears that in DEMO the information isn't accurate at all.
Focus on pip-drawdown
Member Since Nov 21, 2011   1718 posts
Jun 21, 2014 at 16:16
Lol... the way myfxbook works has no impact on demo or live account.

It is not more sophisticadted live than demo.

Myfxbook acts as a tool, programm, a machine... it won't provide better analysis for live or demo as everything is free providing by myfxbook.

I have checked the bubble for some trades into my live account and sometimes i noticed the same bug.

most of the time Pip drawndown is abs (max) + abs (min).

the rest of the time, it bugs that's it.

this bubble isn't 100% reliable.
Member Since Jan 12, 2014   19 posts
Jun 21, 2014 at 17:34
relax guys, i believe Master Kiwa already apologized for all the rude words he said before.. no need to put more wood on the fire. lets just get back to the topic of this thread.

can you turn $200 into $400 in 6 weeks?

Never Miss an Opportunity
Member Since Jan 01, 2013   126 posts
Jun 21, 2014 at 17:52
Hzardous posted:
relax guys, i believe Master Kiwa already apologized for all the rude words he said before.. no need to put more wood on the fire. lets just get back to the topic of this thread.

can you turn $200 into $400 in 6 weeks?


getting back to the topic:

... i can possibly do it! but i can turn $200 to $0 faster!
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