Forex is chaos, but you can overcome chaos
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Member Since Apr 14, 2012 23 posts
Master_of_Chaos
May 18 2012 at 04:15
No arguments but always blabla
The market always wins, be a part of it |
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Member Since Aug 25, 2010 3 posts
Bob (bobby10354)
May 18 2012 at 18:49
Why not acknowledge his point on the 85% DD? :>)
Don't end the day losing, the day can be stretched past 24 hours. |
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Member Since Aug 25, 2010 3 posts
Bob (bobby10354)
May 18 2012 at 18:51
Don't end the day losing, the day can be stretched past 24 hours. |
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Member Since Apr 14, 2012 23 posts
Master_of_Chaos
May 19 2012 at 06:29
bobby10354 posted: Why not acknowledge his point on the 85% DD? :>) What should I acknowledge ? 1. It was a DD of 80 % 2. The lot size respectively the starting risk was planned according to the resistance lines for worst case scenario. 3. In this calculated worst case scenario (which happened indeed, and little bit more) a drawdown of about 3500 Euro (70%) was planned. 4. Look to my real accout with low risk setting, which started some weeks ago, I was never confronted with such a DD The market always wins, be a part of it |
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Member Since Feb 07, 2011 617 posts
PipGnostic (TheCyclist)
May 19 2012 at 22:38
That day will come mate.
We're not seeing anything major at the moment. There was no attempt from your side to do anything to mitigate the risk that was building. It might take some time on the low risk setting, but you will wipe out. Put it for you here today in writing. Losing money is one thing, but losing the time is quite another, you can never get that time back. Doesn't help to make money for 2 years you think you got it and then you wipe out. 2 years gone, just like that. Unless you deal with your risk you will wipe out. Show me your pips!! |
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Member Since Feb 07, 2011 617 posts
PipGnostic (TheCyclist)
May 19 2012 at 23:07
At 50:1 you can not run a fat tail mean return successfully in markets with these ranges.
Just ask JP Morgan. They've just been reminded again. Show me your pips!! |
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Member Since Apr 14, 2012 23 posts
Master_of_Chaos
May 20 2012 at 15:40
TheCyclist posted: That day will come mate. We're not seeing anything major at the moment. There was no attempt from your side to do anything to mitigate the risk that was building. It might take some time on the low risk setting, but you will wipe out. Put it for you here today in writing. Losing money is one thing, but losing the time is quite another, you can never get that time back. Doesn't help to make money for 2 years you think you got it and then you wipe out. 2 years gone, just like that. Unless you deal with your risk you will wipe out. Some weeks ago the fat tail should kill me in a few days....... now it should kill me within 2 years....... blablabla...... where is the fat tail?.... vanished..yeah it is now part of my equity :-) you don' t understand anything...... in reality you have no idea how the system works...... but if I'm wrong... please tell me something about the rules of the automated system.... when increases the system trading positions? when the system stop to increase position? when does the system decide to hedge? why does the system accumulate at certain times trading positions? To write some blabla is one thing...... why should my chance 50:1? ...... blablabla....... but I want to help you to understand a little bit with one question: Do you think that the value of GBP or USD will become zero or could show infinite growth or could jump by 50% in one day? Use your time for thinking instead of writing so many useless comments The market always wins, be a part of it |
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Member Since Feb 07, 2011 617 posts
PipGnostic (TheCyclist)
May 20 2012 at 23:23
You run a fat tail mean return. The rules doesn't really matter, the characteristics are self evident.
Your tester came within 100 pips of being margin called. In a few weeks. The smaller trade sizes is what saves your live account, but in the end the same problem will get you. The market ranges are simply to big for a system of this type to survive with any leverage. Mate you can bullshit yourself, but you can't bullshit me. I been at this to long. Take your time, wipe out. Then we talk again. Show me your pips!! |
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Member Since Apr 14, 2012 23 posts
Master_of_Chaos
May 21 2012 at 03:52
TheCyclist posted: You run a fat tail mean return. The rules doesn't really matter, the characteristics are self evident. Your tester came within 100 pips of being margin called. In a few weeks. The smaller trade sizes is what saves your live account, but in the end the same problem will get you. The market ranges are simply to big for a system of this type to survive with any leverage. Mate you can bullshit yourself, but you can't bullshit me. I been at this to long. Take your time, wipe out. Then we talk again. As always..........blaablaablaaa...... no arguments, no answers to my questions...... 'the characteristics are self evident'...... blaaablaaablaaa...... how can youknow the charactaristic of a system without knowing the rules on which it is based? 'Your tester came within 100 pips of being margin called'.....blaablaablaa... in reality Alpari doesn't make margin calls By the way, how big are the market ranges?.....about which time scale are you talking? minutes, hours, days,weeks, years or centuries? ......... blaablaaa..... For my opinion you have no experience and knowledge about the subjects you are trying to talk in this forum, sorry, otherwise you wouldn't write such senseless comments The market always wins, be a part of it |
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Member Since Feb 07, 2011 617 posts
PipGnostic (TheCyclist)
May 21 2012 at 04:35
Because I have 100's of those in my EA dustbin.
How can a market range have a time scale anyway? As for my experience...this is fairly typical: Show me your pips!! |
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