DOOR ECN (by FXPIG) Quick Stats
Gain: +385.62%
Drawdown: 29.60%
Pips: 29804.5
Trades: 13830
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

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DOOR ECN Discussion
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kishorejoga

Member Since Sep 12, 2009  312 posts kishorejoga May 13 2012 at 20:52
see recently a trader called commented on system uploaded by JATRADER


youngchang May 09 at 11:19 (edited May 09 at 11:20 )
In your statements, You lost in pips but you did not lose the equity.

I never saw this kind statements yet.

How do you do that?????????????

THis JATRADER in his stament showing pips loses in closing statments
 but end result of that specifc trade is positive (I am not talking martingale )
he has soon put history into hiding mode
so stl you can fake Myfxbook statments

FXPIG

Member Since Mar 29, 2012  11 posts FXPIG (FXPIG) May 13 2012 at 20:57
That IS possible. You can have 2 trades for example; 1 with 1 lot and 1 with 50 lots. If they 1 lot trade losses 10 pips and the 50 lot trade gains 5, you are net negative in pips and net positive in equity.

That being said, this happens a lot with partial fills on large tickets but I do not see such a phenomenon in our trading.

We simply had an influx of deposits which offset the gain and absolute gain, not to mention the value per pip.

kishorejoga

Member Since Sep 12, 2009  312 posts kishorejoga May 13 2012 at 21:04

   FXPIG posted:
   That IS possible. You can have 2 trades for example; 1 with 1 lot and 1 with 50 lots. If they 1 lot trade losses 10 pips and the 50 lot trade gains 5, you are net negative in pips and net positive in equity.

That being said, this happens a lot with partial fills on large tickets but I do not see such a phenomenon in our trading.

We simply had an influx of deposits which offset the gain and absolute gain, not to mention the value per pip.


I am talking about just single trades pips showed -25 but reslt dolllars is positive ,
checke dno other trades closed at same time

FXPIG

Member Since Mar 29, 2012  11 posts FXPIG (FXPIG) May 13 2012 at 21:43
Just so we are clear. Is this related to our system?


SmoothHedge

Member Since Jun 18, 2011  52 posts SmoothHedge Jun 11 2012 at 05:57
I don't think anyone is going to be desperate to reverse engineer a system that maintains a floating drawdown of between 10 and 20% most of the time. There are plenty other martingale systems that are less risky.

gestur1976

Member Since Dec 05, 2011  1 posts gestur1976 Jun 13 2012 at 07:04
SmoothHedge, what you said is simply false, I'm watching this system almost everyday and I saw the history when it was public and it gave me an idea for an own EA (http://www.myfxbook.com/members/gestur1976/sistemas-propios/302256

FXPIG

Member Since Mar 29, 2012  11 posts FXPIG (FXPIG) Jun 13 2012 at 07:14

   SmoothHedge posted:
   I don't think anyone is going to be desperate to reverse engineer a system that maintains a floating drawdown of between 10 and 20% most of the time. There are plenty other martingale systems that are less risky.


The DOOR system is NOT using Martingale rules for ticket size. Our trade sizes are constant based on the overall size of the account in USD.

As our average trade duration is less than 1 hour I am not sure how we can hold onto floating drawdowns 'most of the time'.

Cheers,

SmoothHedge

Member Since Jun 18, 2011  52 posts SmoothHedge Jun 13 2012 at 07:23

   FXPIG posted:
   
   SmoothHedge posted:
   I don't think anyone is going to be desperate to reverse engineer a system that maintains a floating drawdown of between 10 and 20% most of the time. There are plenty other martingale systems that are less risky.


The DOOR system is NOT using Martingale rules for ticket size. Our trade sizes are constant based on the overall size of the account in USD.

As our average trade duration is less than 1 hour I am not sure how we can hold onto floating drawdowns 'most of the time'.

Cheers,


That's even more strange. How are you going into 10 to 20% draw down day after day with all new trades?

FXPIG

Member Since Mar 29, 2012  11 posts FXPIG (FXPIG) Jun 13 2012 at 07:29
Given the dynamics of price action the past 15 to 30 days we have seen some larger than normal open trade draw downs, however this is not the norm. This system has been run for nearly 3 years, the 2011 forward test is visible on our member page, and we have a 2010 forward test available on another stat web site, and in that time we have only seen small pockets of time where open trade DD hits these levels. Closed trade DD has been kept below 25%.

All systems have there drawn down periods, but in the end the point is scalability and profitability and this system up till now has proven to be both scalable and profitable, but as with all systems we are always looking to optimize it in order to be sure it prospers in all market conditions.

Cheers,

islandTraderFX

Member Since Nov 25, 2011  22 posts Dan (islandTraderFX) Jun 30 2012 at 20:35
I have no dog in this fight, but I can understand why Kevin would want to not post trades. By looking at a trading style, you can emulated it, even if you don't employ the exact same methods, which is potentially a loss of intellectual property for the owner. I don't show my trades for the same reason, even though I am not selling my system.

It is a verified account on myfxbook, and if you believe in this site's reputation for verification, then the numbers are what they are. If you don't like the way he runs his statistics, then you have the choice to not do business with him. I can say that I would not do anything different if I was him. Just my 2 cents.


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