ShareLeo Trader Pro (by rayong1) Snabbstatistik
Användaren har tagit bort detta system.
Leo Trader Pro Diskussion
| Prenumerera på detta ämne | Föregående 1 .. 5 6 7 8 9 10 11 .. 23 Nästa |
|
Medlem sedan Feb 16, 2010 1332 poster
SOLAR (forexma)
Dec 21 2010 at 06:12
(editerad Dec 21 2010 at 06:39 )
Siitari posted:
SOLAR, I really wouldn't talk trash with such account to show yourself. You are a true troll. Sadly you seem somewhat successful at it(trolling around). Thanx for your note. I took a look at your profile, it says: experience - less than an year. For less than an year it's actually hard to learn the basics of successful trading. The RR is one of the most important things in forex and this system has very poor RR. There are many systems here at mfxb which look tempting at first glance but when you look deeper you understand it's a nice looking apple which is rotten inside. This system is no exception, you just gotta know where and what to look for.
Pris |
Meddelande |
Rapport
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
|
|
|
Medlem sedan Jul 21, 2010 87 poster
Siitari
Dec 21 2010 at 06:15
(editerad Dec 21 2010 at 06:17 )
Like I said, YOU are a troll.
If you want to compare average win to something you should compare it to average loss. Which is in this case 2.7 pips or something like that. Biggest winning trade has been just over 100 pips. So 100 pip win and a 330 SL. That would make the RR ~3:1. Not so poor anymore? Like you said, you need to know what to search... EDIT: This system isn't just the numbers you see in there...
Pris |
Meddelande |
Rapport
Less effort, better results.
|
|
|
|
Medlem sedan Feb 16, 2010 1332 poster
SOLAR (forexma)
Dec 21 2010 at 06:18
Siitari posted: Like I said, YOU are a troll. If you want to compare average win to something you should compare it to average loss. Which is in this case 2.7 pips or something like that. Biggest winning trade has been just over 100 pips. So 100 pip win and a 330 SL. That would make the RR ~3:1. Not so poor anymore? Like you said, you need to know what to search... 
Pris |
Meddelande |
Rapport
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
|
|
|
|
Medlem sedan Jul 21, 2010 87 poster
Siitari
Dec 21 2010 at 06:19
forexma posted: I took a look at your profile, it says: experience - less than a year. For less than an year it's actually hard to learn the basics of successful trading. You can actually learn a lot in 6 months of intensive study. Maybe others can learn faster than some.
Pris |
Meddelande |
Rapport
Less effort, better results.
|
|
|
|
Medlem sedan Feb 16, 2010 1332 poster
SOLAR (forexma)
Dec 21 2010 at 06:22
What you're talkin about is the average win/loss ratio which has nothing to do with the RR.
What Does Risk/Reward Ratio Mean? A ratio used by many investors to compare the expected returns of an investment to the amount of risk undertaken to capture these returns. This ratio is calculated mathematically by dividing the amount of profit the trader expects to have made when the position is closed (i.e. the reward) by the amount he or she stands to lose if price moves in the unexpected direction (i.e. the risk).
Pris |
Meddelande |
Rapport
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
|
|
|
|
Medlem sedan Feb 16, 2010 1332 poster
SOLAR (forexma)
Dec 21 2010 at 06:22
(editerad Dec 21 2010 at 06:31 )
Siitari posted:
forexma posted: I took a look at your profile, it says: experience - less than a year. For less than an year it's actually hard to learn the basics of successful trading. You can actually learn a lot in 6 months of intensive study. Maybe others can learn faster than some. Which is obviously not your case. This system may have dynamic TP which could be 100 pips in few cases but it's mostly ~15 pips. The initial SL is always ~330 pips and it's exactly the initial SL which is used to calculate the RR of a system. Due to the non fixed TP of this system we use the average win for the RR calculation. The fact that they're using a trailing stop doesn't change the RR at all cause it's activated only after the trade is allready in profit.
Pris |
Meddelande |
Rapport
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
|
|
|
|
Medlem sedan Jul 21, 2010 87 poster
Siitari
Dec 21 2010 at 06:39
(editerad Dec 21 2010 at 06:42 )
I have to admit that I confuse those together all the time since I consider other aspect more important than some but that doesn't change anything. Thanks for pointing out what these terms mean.
In this EA those numbers aren't the whole story. You seem to think that they are written in stone. This EA has had so far 1 loss and it was 2.7 pips. Not 330 pips. Besides if you have followed the trades at all there's very close trailing stop. If you do not know how the EA works how can you say it BS? 191 trades with 190 wins. ~99.5% wins. With that 22:1 RR you so love this would give(if we think that that loss would have been SL) profit factor of ~4.5. Which would still(!) be good profit factor. EDIT: Plus the money management really factors in in this kind of EA.
Pris |
Meddelande |
Rapport
Less effort, better results.
|
|
|
|
Medlem sedan Feb 16, 2010 1332 poster
SOLAR (forexma)
Dec 21 2010 at 06:46
(editerad Dec 21 2010 at 06:48 )
If I go for 1 pip in each trade and my SL is 1000 pips I could have 100% win rate. Does that make my system good - definetely NO. Why.....???? Because 1 single loss will wipe all the 1000 wins.
But does it look sexy until the SL is hit? Ohhhh maaaaan, you bet it does. The converstion between you and me is over. You just have to learn the basics of forex, money and risk management.
Pris |
Meddelande |
Rapport
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
|
|
|
|
Medlem sedan Jul 21, 2010 87 poster
Siitari
Dec 21 2010 at 06:57
I think you need to see the results and not the numbers that you think define the results.
What comes to my learning of forex in any aspect since I don't care about manual trading at all, who gives a s***? If I make profit I'm happy. I suppose some ppl are happy knowing all but losing money. That must be because they have learned the basics and some. Do you really think RR is all there is? The most important thing? You start again trolling with giving bad examples and bashing others. As always.
Pris |
Meddelande |
Rapport
Less effort, better results.
|
|
|
Medlem sedan Nov 26, 2010 126 poster
Raymond (rayong1)
Dec 21 2010 at 08:35
(editerad Dec 21 2010 at 08:40 )
I went back and looked at the oct 18th trade that stayed open for 10 days. The drawdown on that was 286 pips. That's not that bad if you compare to some EAs that go past 500, especially the grid trading EAs.
The biggest drawdown as a percentage of account balance was 16.05%. That again is quite acceptable. Looking at the opening trade SL/TP is part of the story but in no way is the whole story. There are lots of metrics we can look at. Here's one, the profit factor is 806, I'd be hard pressed to find an EA that has a profit factor higher than 5. We can go on but you get the point. The opening TP/SL is one thing but it hasn't hit that yet so to say that this is an account killer based on that one metric is like the blind man who touched the elephants tail and said an elephant is like a string. Personally, I think a 16% drawdown to achieve a 500% account gain in 5 months is quite acceptable. If we look hard enough we'll definitely be able to find fault with this EA/system but the results speak for themselves. Are the problems a show stopper? I don't think so. Is the risk of using this EA so high that I wouldn't use it?...No.
Pris |
Meddelande |
Rapport
|
| Prenumerera på detta ämne | Föregående 1 .. 5 6 7 8 9 10 11 .. 23 Nästa |
