Combo-Real (tarafından forex_trader_767)
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Combo-Real Tartışma
Jan 28, 2010 zamanından beri üye
257 iletiler
Jul 08, 2011 at 07:05
(Jul 08, 2011 at 07:18 düzenlendi)
Jan 28, 2010 zamanından beri üye
257 iletiler
This is the rubbish you posted on my thread using yet another myfxbook account of yours :
Lets use the same measure to take a look at this account of yours...one of the many that are yet to be blown :
- Everything including history is hidden.
-To achieve a total gain of 34.74% this account has suffered a drawdown of 36.19% on closed trades alone.
- Over 6.5% lost on just 1 trade. Over-leveraged risky trading.
- Profit factor is 1.11. Might as well have been just 1. It's like keeping money under the pillow... only here one can lose it all with this type of up&down trading which is the same pattern from the beginning.
Think twice or more before dealing with someone like this who has blown managed accounts and has no ethics whatsoever.
moneybotfx posted:
You are really straggling for more than 6 months to make any profit...Not good!!
You keep positions and equity open DD too long at the same time...Not good!
You have a negative number of pips generated after so many months...Not good!
You hide history (and capital) in a managed service account! Not good!
......You must redefine your strategy and efforts I am afraid..
Lets use the same measure to take a look at this account of yours...one of the many that are yet to be blown :
- Everything including history is hidden.
-To achieve a total gain of 34.74% this account has suffered a drawdown of 36.19% on closed trades alone.
- Over 6.5% lost on just 1 trade. Over-leveraged risky trading.
- Profit factor is 1.11. Might as well have been just 1. It's like keeping money under the pillow... only here one can lose it all with this type of up&down trading which is the same pattern from the beginning.
Think twice or more before dealing with someone like this who has blown managed accounts and has no ethics whatsoever.
forex_trader_767
Sep 14, 2009 zamanından beri üye
87 iletiler
Jul 08, 2011 at 20:17
(Jul 08, 2011 at 20:22 düzenlendi)
Sep 14, 2009 zamanından beri üye
87 iletiler
ranesh,
Your Comments are full of empathetic lies...WE have NEVER MANAGED ACCOUNT UP TO DAY..
IF & WHEN ..., IT WILL BE WAY BETTER THAN YOURS...
I have no other IDENTITY here and if you or another reader wish to BET or Challenge on this, we can ask myfxbook support to help with IP and origins...YOUR TALK IS OUT OF THIN AIR WHILE I CAN PROVIDE EVIDENCE in EVERYTHING.
After you lock me out from your forum and accuse me out of your problematic imagination as multiple identity person,
you are coming here full of empathy to prove that you are indeed not a very promising trader at all..
Your analytical skills are close to 0. Really, please read on..
1. I have never blown any account and I have never managed a third party account up to now. This is not a pamm account, it is a private one and I have the right to hide capital and history and show it only to persons I choose! For your information, started as high risk account , thus the DD, and then became more conservative...Real capital DD was only 15%.
Just happened and this account came close to its worst case scenario at the beginning...I doubt it will happen again the next 2-3 years...This shows you are not good on estimations...Wait for a few months and this can be 70 win - 35 DD and so on..
2. Then after 2 Years it will be % 300 ++ win - 35 DD.. Your comments are pointless and silly..Account has shown a remarkable
recovery and steady growth at this initial first month period. Your account is drifting for more than 6 months...
So keep your comments for DD after a total year of trading when this account will be around 100%....However SYSTEM on this account has covered technical mistakes and made SOME and everything is on target now with full prospects..
3. HA, HA, you TALK out of thin air once more..You cannot even grasp the basics and you have PAMM account..
People beware the potential long term losers .. MoneybotFX systems are some of the under-leveraged winning systems in entire
myfxbook, with no DD in equity curve... If someone needs evidence in history just pm..
You should have noticed that over 1000 pips a month are generated and over 200 trades a month to give under 10% average profit..
How this kind of trading is over-leveraged? Risky TRADING?? HA HA
Your SYSTEM has NEGATIVE PIPS after SO MANY MONTHS and an average R:R around 1:10, a real nightmare, worst than good scalpers, which at least produce a few hundred pips a YEAR!
An initial 5.17% loser trade on high risk as an exception does not mean trade in general is over-leveraged...Again you judge worst than a newbie.. You try hard to find something to accuse. You judge from 1 trade..
4. Profit factor is positive, underestimated, verified statistically almost 4 times more than yours (5 months and 761 trades while you have 10 months and 474 trades). So even if it is 1.01 and gives profit, you comment and IF's are useless..)
Very HARD to be 1 after so many trades...Look the related Demo and other LIVE systems to see an increase on profit factor and
realize that its path is upwards..
eg.
https://www.myfxbook.com/members/moneybotfx/comboexsuperx-real/130774
In other words, your comment about your pillow indicates that I could have made more in the bank...
I will let the readers to judge again your seriousness..if any!
Up and down pattern that produce 5%, 10%,20% or more a month with SAFETY!
Many Systems and Many pairs distribute risk, unlike your system...
Yes this is trading, with up and down days, weeks, a few months, but ALWAYS + every YEAR!
But It seems you only know about martingale and scalps...Look into the mirror your yellow equity curve to make you happy..!
CONCLUSION: Its winning EVERY SINGLE month so far, and there where problems and mistakes initially that decreased performance.
Future probabilities are with system...
Your Comments are full of empathetic lies...WE have NEVER MANAGED ACCOUNT UP TO DAY..
IF & WHEN ..., IT WILL BE WAY BETTER THAN YOURS...
I have no other IDENTITY here and if you or another reader wish to BET or Challenge on this, we can ask myfxbook support to help with IP and origins...YOUR TALK IS OUT OF THIN AIR WHILE I CAN PROVIDE EVIDENCE in EVERYTHING.
After you lock me out from your forum and accuse me out of your problematic imagination as multiple identity person,
you are coming here full of empathy to prove that you are indeed not a very promising trader at all..
Your analytical skills are close to 0. Really, please read on..
1. I have never blown any account and I have never managed a third party account up to now. This is not a pamm account, it is a private one and I have the right to hide capital and history and show it only to persons I choose! For your information, started as high risk account , thus the DD, and then became more conservative...Real capital DD was only 15%.
Just happened and this account came close to its worst case scenario at the beginning...I doubt it will happen again the next 2-3 years...This shows you are not good on estimations...Wait for a few months and this can be 70 win - 35 DD and so on..
2. Then after 2 Years it will be % 300 ++ win - 35 DD.. Your comments are pointless and silly..Account has shown a remarkable
recovery and steady growth at this initial first month period. Your account is drifting for more than 6 months...
So keep your comments for DD after a total year of trading when this account will be around 100%....However SYSTEM on this account has covered technical mistakes and made SOME and everything is on target now with full prospects..
3. HA, HA, you TALK out of thin air once more..You cannot even grasp the basics and you have PAMM account..
People beware the potential long term losers .. MoneybotFX systems are some of the under-leveraged winning systems in entire
myfxbook, with no DD in equity curve... If someone needs evidence in history just pm..
You should have noticed that over 1000 pips a month are generated and over 200 trades a month to give under 10% average profit..
How this kind of trading is over-leveraged? Risky TRADING?? HA HA
Your SYSTEM has NEGATIVE PIPS after SO MANY MONTHS and an average R:R around 1:10, a real nightmare, worst than good scalpers, which at least produce a few hundred pips a YEAR!
An initial 5.17% loser trade on high risk as an exception does not mean trade in general is over-leveraged...Again you judge worst than a newbie.. You try hard to find something to accuse. You judge from 1 trade..
4. Profit factor is positive, underestimated, verified statistically almost 4 times more than yours (5 months and 761 trades while you have 10 months and 474 trades). So even if it is 1.01 and gives profit, you comment and IF's are useless..)
Very HARD to be 1 after so many trades...Look the related Demo and other LIVE systems to see an increase on profit factor and
realize that its path is upwards..
eg.
https://www.myfxbook.com/members/moneybotfx/comboexsuperx-real/130774
In other words, your comment about your pillow indicates that I could have made more in the bank...
I will let the readers to judge again your seriousness..if any!
Up and down pattern that produce 5%, 10%,20% or more a month with SAFETY!
Many Systems and Many pairs distribute risk, unlike your system...
Yes this is trading, with up and down days, weeks, a few months, but ALWAYS + every YEAR!
But It seems you only know about martingale and scalps...Look into the mirror your yellow equity curve to make you happy..!
CONCLUSION: Its winning EVERY SINGLE month so far, and there where problems and mistakes initially that decreased performance.
Future probabilities are with system...
Jan 28, 2010 zamanından beri üye
257 iletiler
Jul 09, 2011 at 04:13
Jan 28, 2010 zamanından beri üye
257 iletiler
Beware of this user.
See why here :
https://www.myfxbook.com/community/trading-systems/total-real/122341,1
See why here :
https://www.myfxbook.com/community/trading-systems/total-real/122341,1
forex_trader_767
Sep 14, 2009 zamanından beri üye
87 iletiler
Jul 09, 2011 at 06:20
(Jul 09, 2011 at 06:33 düzenlendi)
Sep 14, 2009 zamanından beri üye
87 iletiler
The above pip looser money management, that made some moderate profit by increasing lots and taking increased risks and having almost flat performance up to now this year and considerable long open DD, is trying to associate other users actions with my identity.
He has not demonstrated any serious trading skills but talks a lot...with no seriousness and no evidence..
He cannot understand that my systems are very conservative and need about 1000 pips to gain a 10% (and also to loose).
I have a factual myfxbook evidence of forward demo and live performance long enough to claim good future probabilities for success.
He has only hated imagination and fails to discuss on trading FACTS.
However something i like from him and I will quote one good motto he has posted to the fictional identity he tries to connect me with..
Now the question is who applies to...Time and clever readers will tell..
'Do not argue with an idiot. He will drag you down to his level and beat you with experience.'
Now there is another 'motto'
'The more enemies you have, the greater you are'
and
Einstein said: 'The problem is not the nuclear power but the soul of man'
He has not demonstrated any serious trading skills but talks a lot...with no seriousness and no evidence..
He cannot understand that my systems are very conservative and need about 1000 pips to gain a 10% (and also to loose).
I have a factual myfxbook evidence of forward demo and live performance long enough to claim good future probabilities for success.
He has only hated imagination and fails to discuss on trading FACTS.
However something i like from him and I will quote one good motto he has posted to the fictional identity he tries to connect me with..
Now the question is who applies to...Time and clever readers will tell..
'Do not argue with an idiot. He will drag you down to his level and beat you with experience.'
Now there is another 'motto'
'The more enemies you have, the greater you are'
and
Einstein said: 'The problem is not the nuclear power but the soul of man'
Jul 14, 2010 zamanından beri üye
45 iletiler
Jul 09, 2011 at 16:12
Jul 14, 2010 zamanından beri üye
45 iletiler
only 20% for 3 month??????Now I'm understand why you so jelous to traders who using martingle style...I already get more than 100%...Can you....
biar untung kecil jangan rugi besar....:-)
forex_trader_767
Sep 14, 2009 zamanından beri üye
87 iletiler
Jul 09, 2011 at 17:47
(Jul 09, 2011 at 17:51 düzenlendi)
Sep 14, 2009 zamanından beri üye
87 iletiler
Get serious haffiz, I can employ better martingale than yours, but the extra performance you gain is not weighted with the risk of
loosing accounts...or have the performance decreased by 70% - 80%... after one happy year.
Do you know how much can i get if I use one of the high hit rate systems with martingale style?
100 ++ a month...I don't want to claim it trading and investing..
I might do it for the fun of GAMBLE at a $200 account and aim for big crazy %, but I cannot recommend it as a trading tool or system..Like red or black in a casino..You can be lucky and win all the casino cash in one night..
Not every night...Same in forex, not every month and not every year..
Why are you feeding your dream while the average bank forex trading return is between 3 and 15% a year?
Look this account had some decreased performance due to execution and performance should be around 40% so far.. I don't worry as it aim for around 150% per year on average, (between 100% and 300% max) so a 20% decrease is not big deal long term..
As this is also a higher risk account , it may manage to take advantage and regain some extra profits..
You claim about martingale is ridiculous and such unsound strategies are not even for serious consideration.
There are many forums on internet where you can learn all the objections about them..
I will not discuss with funny guys here as , I have serious trading systems and not dreams of long term account blowers...
Also my systems will aim for a few higher net worth investors not with guys that dream to make $1K to $10K and then loose them all.. The rest can continue dreaming about making any serious money from actual trading in FX...
You can see accounts of successful trading systems for years by exploiting an advantage to the market
Show me one trading guy that got long term success in investments with martingale..
then go reply to forex factory and other forums about and invite me..
A sure long term account blower..or pure luck with super high risk. All or nothing...
Also look at some other accounts where you will see a combination of systems and higher returns, certainly outperforming you in the long run..But you will probably hide the blowing...
loosing accounts...or have the performance decreased by 70% - 80%... after one happy year.
Do you know how much can i get if I use one of the high hit rate systems with martingale style?
100 ++ a month...I don't want to claim it trading and investing..
I might do it for the fun of GAMBLE at a $200 account and aim for big crazy %, but I cannot recommend it as a trading tool or system..Like red or black in a casino..You can be lucky and win all the casino cash in one night..
Not every night...Same in forex, not every month and not every year..
Why are you feeding your dream while the average bank forex trading return is between 3 and 15% a year?
Look this account had some decreased performance due to execution and performance should be around 40% so far.. I don't worry as it aim for around 150% per year on average, (between 100% and 300% max) so a 20% decrease is not big deal long term..
As this is also a higher risk account , it may manage to take advantage and regain some extra profits..
You claim about martingale is ridiculous and such unsound strategies are not even for serious consideration.
There are many forums on internet where you can learn all the objections about them..
I will not discuss with funny guys here as , I have serious trading systems and not dreams of long term account blowers...
Also my systems will aim for a few higher net worth investors not with guys that dream to make $1K to $10K and then loose them all.. The rest can continue dreaming about making any serious money from actual trading in FX...
You can see accounts of successful trading systems for years by exploiting an advantage to the market
Show me one trading guy that got long term success in investments with martingale..
then go reply to forex factory and other forums about and invite me..
A sure long term account blower..or pure luck with super high risk. All or nothing...
Also look at some other accounts where you will see a combination of systems and higher returns, certainly outperforming you in the long run..But you will probably hide the blowing...
Jul 14, 2010 zamanından beri üye
45 iletiler
Jul 14, 2011 at 07:11
Jul 14, 2010 zamanından beri üye
45 iletiler
-5.43% ??????? why you hide your balance...so sad...talking like a pro...but result............i'm sorry for your loss.....try again.....
biar untung kecil jangan rugi besar....:-)
forex_trader_767
Sep 14, 2009 zamanından beri üye
87 iletiler
Jul 14, 2011 at 08:30
Sep 14, 2009 zamanından beri üye
87 iletiler
Yes, if you read above you will see that this live account had some misconfiguration and used a copier system from itc-software where it missed trades and also had some umanaged ones. Thus the difference with COMBO demo.
This account should be a 15% more than what you see.
Ususally with this kind of Professional trading where SL and TP targets are far , the spread and slippage cost is minimized as it is only eg. a 5% of each trading.
Other accounts trade similarly with demo but always calculate a 10-20% performance decrease between them.
So a 50% demo account growth might be a 40% in a real one or a slightly more DD in the real one if higher risk offsets the difference.
You will judge after 6 months and 1 year. Why are you looking at this one and not the EXTREME version who is greater?
This system works better on EXTREME version and worth the little more DD risk.
Don't forget, those systems are not scalpers, so what you see in a demo account reflects similarly into a live one, especially COMBO & hedge systems.
Balance is hidden by choice, there are other accounts showing balance and better performance, so go look those...
Results are PRO, as one of systems , SUPER, is NO 4 at rent a signal after only 2 months.
Another system XBOT is no 10 after one YEAR and 4000 + pips with 10% DD.
If you want another 120% with 30% DD this system was for you...
The extreme version has made an average of 10% a month for 6 months, or could have done a 50% in a real account, backed by many thousand pips..
Target is between 100% to 150 % a year on average from each system with moderate DD..
So never judge now and never a single account and single system..
There are 3 systems, so no big deal. All systems will have a few months in loss each year. But profit at the end of the year.
BACK TESTED 11 Years and works like a charm in forward - live testing...
Why are you coming into this currently in loss account and you say sorry ? Why don't you go to accounts in profit?
Are you hurt with my comments for your unsound method martingale to approach the markets and have no method and produce
negative pips? Why do you have me banned from your forum? ...
Don't be sorry, it will recover, the probabilities are with the system..
Its relative new account, so DD and loss in the beginning and drops are part of trading...
Try again what; Systems are constantly updating and they will be better in the future..
This account should be a 15% more than what you see.
Ususally with this kind of Professional trading where SL and TP targets are far , the spread and slippage cost is minimized as it is only eg. a 5% of each trading.
Other accounts trade similarly with demo but always calculate a 10-20% performance decrease between them.
So a 50% demo account growth might be a 40% in a real one or a slightly more DD in the real one if higher risk offsets the difference.
You will judge after 6 months and 1 year. Why are you looking at this one and not the EXTREME version who is greater?
This system works better on EXTREME version and worth the little more DD risk.
Don't forget, those systems are not scalpers, so what you see in a demo account reflects similarly into a live one, especially COMBO & hedge systems.
Balance is hidden by choice, there are other accounts showing balance and better performance, so go look those...
Results are PRO, as one of systems , SUPER, is NO 4 at rent a signal after only 2 months.
Another system XBOT is no 10 after one YEAR and 4000 + pips with 10% DD.
If you want another 120% with 30% DD this system was for you...
The extreme version has made an average of 10% a month for 6 months, or could have done a 50% in a real account, backed by many thousand pips..
Target is between 100% to 150 % a year on average from each system with moderate DD..
So never judge now and never a single account and single system..
There are 3 systems, so no big deal. All systems will have a few months in loss each year. But profit at the end of the year.
BACK TESTED 11 Years and works like a charm in forward - live testing...
Why are you coming into this currently in loss account and you say sorry ? Why don't you go to accounts in profit?
Are you hurt with my comments for your unsound method martingale to approach the markets and have no method and produce
negative pips? Why do you have me banned from your forum? ...
Don't be sorry, it will recover, the probabilities are with the system..
Its relative new account, so DD and loss in the beginning and drops are part of trading...
Try again what; Systems are constantly updating and they will be better in the future..
Jul 14, 2010 zamanından beri üye
45 iletiler
Jul 14, 2011 at 08:44
(Jul 14, 2011 at 08:46 düzenlendi)
Jul 14, 2010 zamanından beri üye
45 iletiler
moneybotfx posted:
Why are you coming into this currently in loss account and you say sorry ? Why don't you go to accounts in profit?
Are you hurt with my comments for your unsound method martingale to approach the markets and have no method and produce
negative pips? Why do you have me banned from your forum? ...
Don't be sorry, it will recover, the probabilities are with the system..
Its relative new account, so DD and loss in the beginning and drops are part of trading...
Try again what; Systems are constantly updating and they will be better in the future..
excuse me...I already comment last sunday...that time you got 20%....but why today -5.43% ??? after 3 month without profit???I will moniter All your account...prove me that you can get 100% a month...If not I will comment here again & again....
biar untung kecil jangan rugi besar....:-)
forex_trader_767
Sep 14, 2009 zamanından beri üye
87 iletiler
Jul 14, 2011 at 09:29
Sep 14, 2009 zamanından beri üye
87 iletiler
You are welcome To comment here if have read the previous conversations and trading objectives.
You are NOT welcome and you will be banned if you accuse or lie without evidence.
If you suspect something , first ask politely and do not attack.
You will be banned if you continue and repeat your self without good reason.
Do not repeat your self and ask questions that have answered previously.
Do not come here after one bad day/week/month and comment on that day/week/month unless you think it is a special case.
This is LONG TERM - NO ACCOUNT LOSS profitable trading.
It is fine for some systems to have a few months in negative.
This system is not great to measure performance as it lost trades - look demo and other live of this system in JUNE..
It lost half performance in comparing to the demo, due to some orphaned trades after progressing to the new signal transmitter.
Finally I NEVER CLAIMED 100% a month , and this is not possible for long term without severe risks.
You can do it with small deposits if you are lucky but it is suicide to do it with hard earned money or serious capital.
NO ONE HAS DONE IT SERIOUSLY IN MYFXBOOK THIS KIND OF PERFORMANCE.
MARTINGALE IS OUT OF QUESTION...
We aim at 100% or 200% max per YEAR on average with moderate DD of around 35%.
This is we AIM at an average 5-20% a month from Systems..
So ALL systems go on TARGET and THIS ONE although technically problematic in the beginning can perfectly be way on target.
Even if it fails to produce profit after 12 months, it will be banned from trading and trading will continue with more successful systems and maybe new systems, as there is a constant R&R.
IF you don't like this system and the less than 100% YEARLY performance, look its cousin EXTREME edition, other systems or go somewhere else as those systems are not for you. In any case systems will be limited to a few from next year, or used for private trading only!
Conservative traders can have 20% DD and decreased performance, while HIGH RISK traders can double performance.
You are NOT welcome and you will be banned if you accuse or lie without evidence.
If you suspect something , first ask politely and do not attack.
You will be banned if you continue and repeat your self without good reason.
Do not repeat your self and ask questions that have answered previously.
Do not come here after one bad day/week/month and comment on that day/week/month unless you think it is a special case.
This is LONG TERM - NO ACCOUNT LOSS profitable trading.
It is fine for some systems to have a few months in negative.
This system is not great to measure performance as it lost trades - look demo and other live of this system in JUNE..
It lost half performance in comparing to the demo, due to some orphaned trades after progressing to the new signal transmitter.
Finally I NEVER CLAIMED 100% a month , and this is not possible for long term without severe risks.
You can do it with small deposits if you are lucky but it is suicide to do it with hard earned money or serious capital.
NO ONE HAS DONE IT SERIOUSLY IN MYFXBOOK THIS KIND OF PERFORMANCE.
MARTINGALE IS OUT OF QUESTION...
We aim at 100% or 200% max per YEAR on average with moderate DD of around 35%.
This is we AIM at an average 5-20% a month from Systems..
So ALL systems go on TARGET and THIS ONE although technically problematic in the beginning can perfectly be way on target.
Even if it fails to produce profit after 12 months, it will be banned from trading and trading will continue with more successful systems and maybe new systems, as there is a constant R&R.
IF you don't like this system and the less than 100% YEARLY performance, look its cousin EXTREME edition, other systems or go somewhere else as those systems are not for you. In any case systems will be limited to a few from next year, or used for private trading only!
Conservative traders can have 20% DD and decreased performance, while HIGH RISK traders can double performance.
forex_trader_767
Sep 14, 2009 zamanından beri üye
87 iletiler
Jul 14, 2011 at 10:27
Sep 14, 2009 zamanından beri üye
87 iletiler
ALL SYSTEMS , EVEN THIS PROBLEMATIC ACCOUNT IS DOING GREAT IN TERMS OF PROSPECTS.
ONE OF OUR MAIN 3 SYSTEMS is IN TOP 5 position in rentasignal service after only 2 months.
and appears in the WELCOME page.
https://rentasignal.com/
Another system of ours XBOT , VERY CONSERVATIVELY is in NUMBER 10 after 1 YEAR TRADING.
THIS ONE COMBO SYSTEM SHOULD BE AROUND 20% more.
Normally it trades very similar to DEMO, as it is not scalper.
Some people and wannabe money managers, like RWFX ( ~ P A M M ~ ) (ranesh) cannot even understand what long term profitability means.
They scare with DD and realized losses and always expect a straight up equity.
They fail to understand that such equity is either dream or a martingale or other account destroyer trading method.
But wait if you see extreme combo system for instance and have a look in this type of channel growing,
after 5 years time it will look like almost as a straight line...without the martingale loss
Successful traders and systems have ups and downs and can survive and recover a 10 or 20 losses in the row that will come.
They fail to understand plain English statements and require that if you speak for you past you must follow the same path in the future...Certainly a successful signal provider who has never managed accounts before HAS the RIGHT to do it in the future.
Or simply licence his signals to an established company or BANK...
Clear enough, it is perfectly SOLID and ETHICAL to say that 'I have not managed accounts but I might do it in the future.
Or I rent systems / signals for managers. Nothing BAD on this if you can demonstrate winning systems.
Now for DD, It is perfectly valid to design systems for moderate risk traders and have them around 35% - 40% of maximum DD with a worst extreme case of 50%.
That is the DD can be from profits but can be unlucky (like many starts of DEMO and LIVE accounts at moneybotfx project) and
have a capital DD. Moneybotfx systems have faith on LONG TERM results and the bad starts did not STOP the DEMO or live SYSTEMS, but let them go and recover..A VALID EVIDENCE ABOUT LONG TERM FAITH AND CREDIBILITY.
It is also well known that during the first weeks and months of an account there might be a DD from capital.
MyfxBook statistical engine for RISK of ruin, is showing everything as 99% even if you are -1% in loss at that moment.
Does not distinct either if you are about to loose account or have a 70% realized loss...
Even worst, MYFXBOOK calculation is bad for OPEN DD and does not take into account the EQUITY in order to
calculate the RISK OF RUIN.. So a system that has equity 110% but it is currently at 5% Loss,
risk of ruin will ERRONEOUSLY calculate it as 99,9% to fail, which is WRONG.
So for any credibility for Risk of Ruin, there must be a profitable 6 months + period.
It is ok when you have a 1-25K account but greater accounts needs to be traded more conservatively.
So it is perfect to state that
'For a 7 digits pool account having set risk on half for a conservative approach, will very rare see a DD of more than 10%, with 2-5% been normal as is the equity above balance...Worst case would be 20%.(For Combo System). '
THAT IS if you take any system in any variation and say that if you trade HALF the RISKS - AKA --> LOT SIZING IN EACH TRADE you effectively CUT YEARLY performance To HALF along with DD. So for instance a System with a 40% MAX DD is now having a 20% DD and a 75% YEARLY Performance on average, instead of 40% DD and a 150% YEARLY PERFORMANCE, as it had in multi year back testing.
SO MODERATE RISK is the AVERAGE RISK. AGGRESSIVE TRADERS CAN TRADE SYSTEMS at 1.5 MULTIPLIER and STILL MAKE IT VERY HARD TO BLOW ACCOUNT WHILE CONSERVATIVE CAN TRADE IT WITH 0.5 or LESS MULTIPLIER.
IT IS A PERSONAL CHOICE.
Some people, CAN NOT GRASP IT, even if they trade long time..
WHEN THEY ARE DRIVER BY EGO AND JEALOUSY, THEY TRY TO DISCOVER SYSTEM FLOWS AND WHEN THEY CAN'T THEY MISREPRESENT FACTS AND THEY POSE LIKE THEY ARE SCARED WITH A 10% or 20% or even 30% DD, either in one DAY or WEEK or MONTH..
WHAT A SILLY ANALYSIS PERFORMED BY THEM, SILLY REASONING IN LINE WITH THEIR TRADING SYSTEMS.
WE NEED THEM ON THE OTHER SIDE OF THE TRADES, DON'T WE?
ONE OF OUR MAIN 3 SYSTEMS is IN TOP 5 position in rentasignal service after only 2 months.
and appears in the WELCOME page.
https://rentasignal.com/
Another system of ours XBOT , VERY CONSERVATIVELY is in NUMBER 10 after 1 YEAR TRADING.
THIS ONE COMBO SYSTEM SHOULD BE AROUND 20% more.
Normally it trades very similar to DEMO, as it is not scalper.
Some people and wannabe money managers, like RWFX ( ~ P A M M ~ ) (ranesh) cannot even understand what long term profitability means.
They scare with DD and realized losses and always expect a straight up equity.
They fail to understand that such equity is either dream or a martingale or other account destroyer trading method.
But wait if you see extreme combo system for instance and have a look in this type of channel growing,
after 5 years time it will look like almost as a straight line...without the martingale loss
Successful traders and systems have ups and downs and can survive and recover a 10 or 20 losses in the row that will come.
They fail to understand plain English statements and require that if you speak for you past you must follow the same path in the future...Certainly a successful signal provider who has never managed accounts before HAS the RIGHT to do it in the future.
Or simply licence his signals to an established company or BANK...
Clear enough, it is perfectly SOLID and ETHICAL to say that 'I have not managed accounts but I might do it in the future.
Or I rent systems / signals for managers. Nothing BAD on this if you can demonstrate winning systems.
Now for DD, It is perfectly valid to design systems for moderate risk traders and have them around 35% - 40% of maximum DD with a worst extreme case of 50%.
That is the DD can be from profits but can be unlucky (like many starts of DEMO and LIVE accounts at moneybotfx project) and
have a capital DD. Moneybotfx systems have faith on LONG TERM results and the bad starts did not STOP the DEMO or live SYSTEMS, but let them go and recover..A VALID EVIDENCE ABOUT LONG TERM FAITH AND CREDIBILITY.
It is also well known that during the first weeks and months of an account there might be a DD from capital.
MyfxBook statistical engine for RISK of ruin, is showing everything as 99% even if you are -1% in loss at that moment.
Does not distinct either if you are about to loose account or have a 70% realized loss...
Even worst, MYFXBOOK calculation is bad for OPEN DD and does not take into account the EQUITY in order to
calculate the RISK OF RUIN.. So a system that has equity 110% but it is currently at 5% Loss,
risk of ruin will ERRONEOUSLY calculate it as 99,9% to fail, which is WRONG.
So for any credibility for Risk of Ruin, there must be a profitable 6 months + period.
It is ok when you have a 1-25K account but greater accounts needs to be traded more conservatively.
So it is perfect to state that
'For a 7 digits pool account having set risk on half for a conservative approach, will very rare see a DD of more than 10%, with 2-5% been normal as is the equity above balance...Worst case would be 20%.(For Combo System). '
THAT IS if you take any system in any variation and say that if you trade HALF the RISKS - AKA --> LOT SIZING IN EACH TRADE you effectively CUT YEARLY performance To HALF along with DD. So for instance a System with a 40% MAX DD is now having a 20% DD and a 75% YEARLY Performance on average, instead of 40% DD and a 150% YEARLY PERFORMANCE, as it had in multi year back testing.
SO MODERATE RISK is the AVERAGE RISK. AGGRESSIVE TRADERS CAN TRADE SYSTEMS at 1.5 MULTIPLIER and STILL MAKE IT VERY HARD TO BLOW ACCOUNT WHILE CONSERVATIVE CAN TRADE IT WITH 0.5 or LESS MULTIPLIER.
IT IS A PERSONAL CHOICE.
Some people, CAN NOT GRASP IT, even if they trade long time..
WHEN THEY ARE DRIVER BY EGO AND JEALOUSY, THEY TRY TO DISCOVER SYSTEM FLOWS AND WHEN THEY CAN'T THEY MISREPRESENT FACTS AND THEY POSE LIKE THEY ARE SCARED WITH A 10% or 20% or even 30% DD, either in one DAY or WEEK or MONTH..
WHAT A SILLY ANALYSIS PERFORMED BY THEM, SILLY REASONING IN LINE WITH THEIR TRADING SYSTEMS.
WE NEED THEM ON THE OTHER SIDE OF THE TRADES, DON'T WE?
forex_trader_767
Sep 14, 2009 zamanından beri üye
87 iletiler
Jul 14, 2011 at 18:52
(Jul 14, 2011 at 18:53 düzenlendi)
Sep 14, 2009 zamanından beri üye
87 iletiler
See also the more successful variation and longer forward tested system here.
https://www.myfxbook.com/community/trading-systems/combo-extreme/84210,1
https://www.myfxbook.com/community/trading-systems/combo-extreme/84210,1
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