pepperstone (By forex_trader_3734)
The user has deleted this system.
pepperstone Discussion
Oct 25, 2012 at 21:26
1,084 Views
14 Replies
forex_trader_3734
Member Since Nov 26, 2009
33 posts
Dec 15, 2012 at 11:50
What do you think?
I'm feeling like I found my way, let's see if I can continue until a full year...
I'm feeling like I found my way, let's see if I can continue until a full year...
Member Since Jan 21, 2013
7 posts
Mar 21, 2013 at 22:16
Nice results and consistence!. Congrats!.
Just I wanted to ask you if do you think that looking for more TP and more SL, in terms of pips, with the premise of maintain your current risk/reward ratio, would it mean the strategy to stop working?
Anyway, very good job.
Just I wanted to ask you if do you think that looking for more TP and more SL, in terms of pips, with the premise of maintain your current risk/reward ratio, would it mean the strategy to stop working?
Anyway, very good job.
forex_trader_3734
Member Since Nov 26, 2009
33 posts
Apr 06, 2013 at 08:29
Thank you sekatsimorez.
As this is a discretionary strategy, there is no way to answer your question with certainty.
Howeverer I think that looking for more TP and more SL will cause the strategy to stop working, because I look at intraday key levels to set TP and SL, and these levels cannot be modified arbitrarily.
As this is a discretionary strategy, there is no way to answer your question with certainty.
Howeverer I think that looking for more TP and more SL will cause the strategy to stop working, because I look at intraday key levels to set TP and SL, and these levels cannot be modified arbitrarily.
forex_trader_3734
Member Since Nov 26, 2009
33 posts
Apr 06, 2013 at 08:33
(edited Apr 06, 2013 at 08:44)
I'm very happy that my account has been approved as an AutoTrading provider... that means that myfxbook staff think that this is one of the best account here 'We hand pick the best accounts only' 'We allow only proven track records as providers'.
😁
I've been trading from 1999, that's almost 14 years. I paid my tuition to the markets by blowing a couple of accounts in the early years, then I had many break-even years, and finally some proftable years. After two profitable years I decided to publish my account here, with the goal of reducing drawdown while aiming at 5% average monthly gain.
😁
I've been trading from 1999, that's almost 14 years. I paid my tuition to the markets by blowing a couple of accounts in the early years, then I had many break-even years, and finally some proftable years. After two profitable years I decided to publish my account here, with the goal of reducing drawdown while aiming at 5% average monthly gain.
forex_trader_3734
Member Since Nov 26, 2009
33 posts
Apr 06, 2013 at 08:43
(edited Apr 06, 2013 at 08:49)
Please note that my account has more than 50% winning trades AND average winning trade > average losing trade.
As a statistian, I can tell you that these are the two most important numbers to look at, beacuse:
E = P_win * A_win
=> Expected outcome = Probability of winning * Average winning
I hope to continue with these results for a long time.
As a statistian, I can tell you that these are the two most important numbers to look at, beacuse:
E = P_win * A_win
=> Expected outcome = Probability of winning * Average winning
I hope to continue with these results for a long time.
Member Since Mar 30, 2013
18 posts
Apr 06, 2013 at 13:14
jagui posted:
Please note that my account has more than 50% winning trades AND average winning trade > average losing trade.
As a statistian, I can tell you that these are the two most important numbers to look at, beacuse:
E = P_win * A_win
=> Expected outcome = Probability of winning * Average winning
I hope to continue with these results for a long time.
You forgot, the single most important factor, you forgot to mention the draw down. Draw down is the first factor any trader should look at, and then you can begin to look at the other factors.
Keep it simple!
Member Since Mar 30, 2013
18 posts
Apr 06, 2013 at 13:14
Forgot to say that your statistics looks fine, and consistent, keep on the good work. 😄
Keep it simple!
forex_trader_3734
Member Since Nov 26, 2009
33 posts
Apr 07, 2013 at 08:39
You're right, drawdown is as important as than %win and %avg_win vs %avg_loss.
It should be the first thing to look at.
It should be the first thing to look at.
Member Since Apr 21, 2011
7 posts
Apr 16, 2013 at 08:34
Do you have clients subscribing to your trades?
forex_trader_3734
Member Since Nov 26, 2009
33 posts
Apr 16, 2013 at 08:50
Member Since May 04, 2012
1608 posts
Apr 16, 2013 at 09:41
Hi Jagui! I wanted to send a private message to you, but it seems that you do not accept private messages... Can you enable it?
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
forex_trader_3734
Member Since Nov 26, 2009
33 posts
Apr 16, 2013 at 09:54
Hi FxMasterGuru, I didn't block private messages, I can't even find an option to block them,
Member Since Feb 04, 2012
85 posts
Apr 16, 2013 at 10:26
jagui posted:
Hi FxMasterGuru, I didn't block private messages, I can't even find an option to block them,
For some reason the 'Message' option does not show up with your name and strategy (located between 'Quote' and 'Report').
forex_trader_3734
Member Since Nov 26, 2009
33 posts
May 15, 2013 at 07:38
For those who want to contact me: pd.luca AT tiscali.it
*Commercial use and spam will not be tolerated, and may result in account termination.
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