SharePosts by Krysztau
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[quote]stevetrade posted:
It's a good idea, but as it can only actually be kept on file with MyFxBook and not within MT4 it would be possible to simply delete your account and add a new one to reset it.
However ( thinking as I go along here ) it would be possible for MyFxBook to maintain a record of broker/server/account number and if the same account was reconnected to retrieve the figure that had been stored previously.
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I think this may be fixed by marking clearly on a chart where from real equity is calculated, fxbook can simply separate graphically "downloaded histor......
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I prefer to set black background with white or yellow fonts, not full customisation is needed I think. Just one bright and one dark colour scheme...
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I think this may be key analysis to rate trading performance.
If you can show sort of chart with number of pips on Y [vertical] axis and time of holding on X [horisontal] axis.
Use of such statistics would be to see if given trader holds his "scalps" for few hours or days to get 5 pips profit or if one cuts his losses quickly.
It would be good to see scalps held only for 5-20 minutes or only 50+ pips positions held for few hours or days [with occasional stops at BE here or there].
Please rate :)
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Indeed I would never trust this way of trading as 25% plunge in equity is beyond what I understand as a MM. You are in plus in other hand, however time is needed anyway to prove you right. Will watch.
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[quote]Staff posted:
You should look at the pip count as part of the statistics, not as a standalone metric for a system's profitability.
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Oh yes, the longer I am here the more numbers "talk to me" anyway ;)
wish it was possible, but as I said in the beginning I expect it to be a it difficult...
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What you mean by fundamentals?
Plainly who's go better numbers, or much more?
I try to think of a market as a whole, liten to the news [not all of them], but any single news release was never a reason for me to "change my mind", however sometimes I try to estimate what reaction to the news will be and have some good result with this, but never made a trading strategy out of that...
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I do,
I trade based on J16 from FF, in general start with 30-40 pips, quickly move SL to 10 pips loss, than within an hour or two I set to BE. I set 2 targets based on S/R and third leave with that BE hoping for very long runs [non of those worked as intended yet, but if it will, I will dance naked on a street ;)]
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Is there anyone willing to share their Money Management strategy? In Experienced Traders Jul 09 2010 at 18:00
I got my point on MM too,
as a manual trader I prefere to get used to numbers I see in "profit" row. So I prefer to trade always the same size of position, so always one pip mean more or less the same amount of dollars.
One day when I will see my account get to a level where I will decide to rise risk amount [let's say when I double my account] I will not rise it as it is, but will wait for some loosing trades [les't say if my average DD is 7% I will wait for loos of 5% and than will enlarge my trading size as planned - this would be like saving some stack. [of course this will be d......
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Obviously we still talk about crazy MM on demo account. You can't bit lucky winner with 1% risk if contest takes 1 month, even 1 tear would be hard...
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There are widgets with account performance, you can pick language, and some other settings but no language,
Here how I see it in Polish:
Gain: Zysk
Drawdown: Max. Spadek
Daily: Dziennie
Monthly: Miesięcznie
Updated: Aktualizacja
As you can see word for "Updated" is quite long to fit some widget windows, you can instead use word "Date"
Date: Data
EDIT:
There is a typo in topic, should be "Translate"
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