SharePosts by tbuitendyk
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Great suggestion Imstuff, seeing Apple is boycotting Flash...
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Each time one goes into "Systems", the default set-up includes things like "stylefx" with its 5000% return and its 80% drawdown at the top of the list.
Putting stuff like this at the top is bad for MyFXBook and does not lend itself to being taken seriously as an investment analysis tool. It is not classy to show non-investable systems at the top of the list every time people go into the Systems page.
My advice -- use better default settings across the board in Systems -- maximum drawdown 30%, traded at least in the past two weeks, system age at least one month, all t......
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Up 67.79% since April 8/10.
This is a trade copying account controlled by the master account, just like all of our client accounts. This one is running at a higher money management of 1:1.5. Client accounts earned well over $100,000 in May 2010.
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Up 47.13% since April 8/10.
This is the account that controls all of our client accounts. Client accounts earned well over $100,000 in May 2010.
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Oops... Looks like this demo account took another MC. I think we will just withdraw this thing gracefully now... [smiley]
On the bright side, our real accounts and clients that run at normal and reasonable money management are all up nicely, with consistent earnings in the 30% per month range with real money.
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System Update:
We have had a difficult week trading cable, with some misadventures related to bringing the new signal set online. The good news is that that business is behind us now, and we have a version of the software that can bring SIGNALS into immediate market synchronization at start-up. That being said, we cannot force POSITIONS (which are controlled by signals) into market synchronization -- that would imply being able to open positions in the present at past pricing. If we could do that, we would not need a predictive trading engine would we?!? [smiley]
Unfortunately, due ......
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ACCOUNT HISTORY NOTE
The period from March 8/10 when this account was opened with $13,616 until April 8/10 has been removed from the history as it does not reflect actual account trading practices. During this time period the sizing was too small, and then changed at inopportune times to various larger sizings, which caused the account balance and equity for the first month to not properly reflect our since-standardized trading practices and generally the VT trading engine's performance.
As of April 8/10 we started running this account at our 1:1.5 ratio base order sizing money manageme......
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In retrospect, seeing that pure pips gain is not necessarily a good measurement tool for everyone, as other systems rely on different methods to gain that are not pure pip growth related, I take back my suggestion to run it all based on pips in the bank, as that would not be fair to other ways of trading that win $ while losing pips, etc.
I suppose that if and when we do this again I'll just have to pay more attention to the money management and not get lost in the workload and forget about the demo account. Really, I only have myself and my busy schedule to blame for getting margined, as ......
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[quote]emiliolopez333 posted:
[quote]tbuitendyk posted:
My opinion is that net pips gives a more standardized performance measure than gain% in $ as the latter can be easily manipulated; while it is harder to fake the former
[/quote]
That is only true if you were forced to trade the same lot size in the same pair, because different pairs with the same lot size represent different pip value of the currency of the money in the account.
I understand what you mean about the amount of pips, if one guess the direction of the trade by longest distance, he gets more pips meaning ......
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[quote]forexample posted:
[quote]tbuitendyk posted:
Hmm...
It appears that we've taken a margin call in our demo account. That's what happens when you focus on % gain too much and forget about pips.
[/quote]
No, its what happens when you focus on % gain and forget about RISK.
[/quote]
Yes, I agree, but I think you misunderstood me, because that's exactly what I am saying. And I'm not forgetting about risk where it matters... I just don't consider play money to be "risk".
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