SharePosts by FXPIG
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No we are still closed to new investments, however the DOOR DMA is open.
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We will be launching the cTrader platform with our new web site in < 30 days.
As far as the recovery, this is just 'business as usual' for this system. Over all the forward tests we have performed and the live history there is always a DD period which pops up every 6 to 12 weeks on average and the recovery generally lasts under 4 weeks.
The trick here is to decrease the amount of DD and increase the speed of the recovery.
Cheers,
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The account is currently closed as we look to re-position our available liquidity to handle the volumes.
Once it is reopened an announcement will be made.
Cheers,
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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 bo......
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[quote]
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.
[/quote]
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,
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Just so we are clear. Is this related to our system?
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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.
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I am not sure how this discussion became so hostile.
I am not a programmer, I am however a trader with both retail and institutional side experience, since the passing of the Commodities Futures Modernization Act in December 2000. (Seeing you have 20 years of experience I assume you worked for a desk prior to 2000?)
While a programmer may need to see the code behind a system to copy it, a trader can spot 'anomalies', patterns, and other clues simply following the way a system trades, when it trades, and what it is trading. Perhaps this is not as accurate as having the full code, and perhap......
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Just a quick FYI - Just because the information is hidden or private does not mean it can be manipulated. We have spent years developing and optimizing this system and keeping it public means risking it being copied or stolen. This is the only reason it has been made private.
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Such an approach? As in trying to protect our intellectual property?
Our system is published here in order to provide third party verified tracking, just as any other system on myfxbook.
It took us nearly a year to put together the right liquidity flow in order to be sure our system would work to it's full potential on our feed. This business, the FX business, is VERY complex and there are many facets that need to be examined before the creation and optimization of a trading system can begin. If it was only so easy as most people seem to think.
There is no 'miracle' here and as with ANY fo......
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