- Início
- Comunidade
- Novos Negociantes
- What is a proper risk of ruin percent on myfxbook?
Edit Your Comment
What is a proper risk of ruin percent on myfxbook?
Feb 03, 2019 at 08:28
Membro Desde Oct 23, 2018
3 posts
Hi everyone,
I am running a bi directional grid trading strategy and my risk of ruin currently shows I have a <.01% of losing 10% of my balance with 35 consecutive losing trades. Is this considered good or bad on myfxbook?
I was also curious if anyone knew what a proper sharpe ratio is? Mine is currently .29, does anyone know if that is considered good or bad?
Thanks!
I am running a bi directional grid trading strategy and my risk of ruin currently shows I have a <.01% of losing 10% of my balance with 35 consecutive losing trades. Is this considered good or bad on myfxbook?
I was also curious if anyone knew what a proper sharpe ratio is? Mine is currently .29, does anyone know if that is considered good or bad?
Thanks!
Membro Desde Feb 22, 2011
4862 posts
Feb 04, 2019 at 10:04
Membro Desde Feb 22, 2011
4862 posts
PeterLoew posted:
Hi everyone,
I am running a bi directional grid trading strategy and my risk of ruin currently shows I have a <.01% of losing 10% of my balance with 35 consecutive losing trades. Is this considered good or bad on myfxbook?
I was also curious if anyone knew what a proper sharpe ratio is? Mine is currently .29, does anyone know if that is considered good or bad?
Thanks!
That risk of ruin is completely useless
You have to calculate it yourself based on your strategy risk setting
Feb 08, 2019 at 07:40
Membro Desde Oct 23, 2018
3 posts
togr posted:PeterLoew posted:
Hi everyone,
I am running a bi directional grid trading strategy and my risk of ruin currently shows I have a <.01% of losing 10% of my balance with 35 consecutive losing trades. Is this considered good or bad on myfxbook?
I was also curious if anyone knew what a proper sharpe ratio is? Mine is currently .29, does anyone know if that is considered good or bad?
Thanks!
That risk of ruin is completely useless
You have to calculate it yourself based on your strategy risk setting
Oh okay, that is good to know! I was worried that maybe this helps dictate how good my strategy is doing.
Thanks for the insight.
Feb 08, 2019 at 17:15
(editado Feb 08, 2019 at 17:22)
Membro Desde Dec 28, 2013
171 posts
togr posted:PeterLoew posted:
Hi everyone,
I am running a bi directional grid trading strategy and my risk of ruin currently shows I have a <.01% of losing 10% of my balance with 35 consecutive losing trades. Is this considered good or bad on myfxbook?
I was also curious if anyone knew what a proper sharpe ratio is? Mine is currently .29, does anyone know if that is considered good or bad?
Thanks!
That risk of ruin is completely useless
You have to calculate it yourself based on your strategy risk setting
One wrong move and all risk analysis is thrown into garbage.
Membro Desde Nov 13, 2015
2 posts
forex_trader_678699
Membro Desde Feb 06, 2019
12 posts
Feb 10, 2019 at 07:26
Membro Desde Feb 06, 2019
12 posts
togr posted:PeterLoew posted:
Hi everyone,
I am running a bi directional grid trading strategy and my risk of ruin currently shows I have a <.01% of losing 10% of my balance with 35 consecutive losing trades. Is this considered good or bad on myfxbook?
I was also curious if anyone knew what a proper sharpe ratio is? Mine is currently .29, does anyone know if that is considered good or bad?
Thanks!
That risk of ruin is completely useless
You have to calculate it yourself based on your strategy risk setting
I'm sure there's some sense in it, although I don't understand how it works either.
Sharpe ratio...I think anything above 1 is good? The higher the better.
Membro Desde Feb 22, 2011
4862 posts
Feb 11, 2019 at 11:02
Membro Desde Feb 22, 2011
4862 posts
jameszenblade posted:
Hi if you want to learn this things you can take courses like astroFX,infite-prosperity.com and wallstreetacademy.
i can help you with those because im sharing their lesson to everyone who have struggles on those problems.
Nope. You can best calculate your own system risk.
You just need grammar school math, nothing else.
Membro Desde Jul 20, 2020
341 posts
Membro Desde Jul 19, 2020
318 posts
Membro Desde Jul 20, 2020
298 posts
Membro Desde Mar 17, 2021
536 posts
Membro Desde Jul 23, 2020
869 posts
Membro Desde Jul 23, 2020
759 posts
Nov 20, 2021 at 15:45
Membro Desde Dec 11, 2019
14 posts
The optimum option for risk management practice is to open a position with no more than 5% from your total deposit. Moreover, you have to use sl and tp in order to reduce risks during trading. Guess that the best ratio is 1:3. It affords you to earn money and not to lose it actually. Nevertheless, everybody decides by himself which risk percentage to choose. There are some traders who open position with 20-30% from their total deposit and it's very risky.
Anyway, you have to be acquinted with the theory of risk management and money management practices in order to understand their mechanics.
Anyway, you have to be acquinted with the theory of risk management and money management practices in order to understand their mechanics.
*Uso comercial e spam não serão tolerados, podendo resultar no encerramento da conta.
Dica: Postar uma imagem/URL do YouTube irá incorporá-la automaticamente no seu post!
Dica: Insira o sinal @ para preencher automaticamente um nome de utilizador que participe nesta discussão.