5% average monthly profit for at least 2 years (with less than 25% max. DD)

Feb 06, 2013 at 17:24
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668 Replies
Member Since May 06, 2011   10 posts
Feb 04, 2016 at 00:49
25% is my maximum DD, actually this 15% was due an error of lot size calculation.
During backtests my DD did not exceed 13%.
I keeo strict money management rules.. Im more concerned about my DD than profit.
Member Since Jul 16, 2013   92 posts
Feb 04, 2016 at 01:23
Hi Franck,
there might be spikes of the draw down, as in your case. It's very important however that we are aware of this and make the necessary changes needed to bring down the risk. You have the right attitude and I'm glad to hear you are more concerned about the draw down in the first place, then profit. Profit is the outcome when the DD is in control.
" Lock in the profit and minimize the draw down "
Member Since May 20, 2011   724 posts
Feb 04, 2016 at 07:47
Member Since Jan 10, 2016   4 posts
Feb 07, 2016 at 07:38
Hi,
I had some problems with the Swiss franc in the past (:) and I slowed down for some time but lately I started again with good and steady profits.
This is my primary account (I don't use systems):
https://www.myfxbook.com/members/shen139/zetah/1474723
Time is what we want most, but what we use worst!
Member Since May 20, 2011   724 posts
Feb 07, 2016 at 08:05
shen139 posted:
Hi,
I had some problems with the Swiss franc in the past (:) and I slowed down for some time but lately I started again with good and steady profits.
This is my primary account (I don't use systems):
https://www.myfxbook.com/members/shen139/zetah/1474723
nice job man
Member Since Jan 24, 2014   132 posts
Feb 08, 2016 at 09:21
how to unsubscribe this discussion?
keep smile
Member Since May 22, 2012   106 posts
Feb 08, 2016 at 11:59
there is a button on top 'Unsubscribe from this topic'
Member Since Jul 01, 2015   16 posts
Feb 08, 2016 at 12:02
batak posted:
how to unsubscribe this discussion?

Greeting's, sir.
If You are serious about this, than scroll this page to the top and look at the left part of the screen, just under the discussion's name there is a little golden bell icon and link that says: 'Unsubscribe from this topic' - that's what You need. If You can't find it there than go to your account settings and chose 'Subscriptions' tab and unsubscribe whatever You want.
Member Since Feb 04, 2014   17 posts
Feb 12, 2016 at 11:36
hi, We are fund managers at BlueSapphireFX
7% Monthly from long time.

Please have a look:
 
https://www.myfxbook.com/members/BlueSapphireFX/fxpig-scalper-mam-account/1151594
Member Since Nov 12, 2009   272 posts
Feb 24, 2016 at 23:34
FxMasterGuru posted:
Although the above question was not addressed to me, let me answer it as a starter of this thread.

Yes, it is a real fact. There are some scam brokers which - usually collaborating with scammer signal or EA sellers as part of a Ponzi scheme - falsify results to attract clients for the brokerage and for the scammers... Sometimes the scam broker and the scam signal/EA seller is the same person...

Those 'hand-crafted' results will be published as REAL and VERIFIED results by MyFxBook, as MyFxBook would not know that the broker is a scam broker...

So I consider real and verified results (by MyFxBook) as 'really REAL', only if those results had been verified through a reputed, regulated and mainstream broker, e.g. Pepperstone, IC Markets, etc...

SYNERGYFX and so called Doug Price are churning several news EA's every year. Very scammy.
Member Since May 04, 2012   1608 posts
Nov 02, 2016 at 12:33
This is a revival attempt of a thread I started back in 2013...

It is interesting to check out all those strategies which had claimed to fulfill the requirements over the past 3.5 years...
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Jul 16, 2013   92 posts
Nov 02, 2016 at 18:05
Risk & Money Management is of interest for all traders and protecting the account should be a primary goal that has to be accomplished, before even thinking of making any money. RMMRobot.com have some interesting ideas how to approach this subject for the trader.
" Lock in the profit and minimize the draw down "
Member Since May 04, 2012   1608 posts
Nov 02, 2016 at 23:42 (edited Nov 03, 2016 at 00:08)
kricka posted:
Risk & Money Management is of interest for all traders and protecting the account should be a primary goal that has to be accomplished, before even thinking of making any money. RMMRobot.com have some interesting ideas how to approach this subject for the trader.

SERIOUSLY...? REALLY...?

Which is the ''interesting approach'' part of it...? Maybe the ''protecting the account as a primary goal'' - as mentioned?





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Member Since Nov 05, 2016   24 posts
Nov 10, 2016 at 08:00
any account with 2 years ? ))) it is not possible )
We can invest 50-100k. Please PM me with real invest password last 6 Month Statement
Member Since May 04, 2012   1608 posts
Nov 10, 2016 at 09:53 (edited Nov 10, 2016 at 09:55)
IvestINC posted:
any account with 2 years ? ))) it is not possible )

Thanks for letting us know that ''it is NOT possible''...! 😕

Very encouraging for all aspiring traders and investors...
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Member Since Dec 09, 2016   11 posts
Dec 11, 2016 at 07:48
Why the max 25% DD criterium? I have had way higher drawdown, up to 60% and I am making nice profits.
I am a gridtrader that trades positive swap only so only sell eurusd, sell usdrub, buy nzdusd, buy gbpchf and some 15 more.
Let's say I have 100k to trade with. I open 12 accounts with 5k each and on each account I start gridtrading in a way that I can cope with -600 to -1000 pips. There is 40k left so when an account gets to 70% drawdown I add 5k to that account. By selling eurusd and buying nzdusd I hedge some of the pairs. Worst case scenario I have to add 10k to one account. Other accounts that go my way will profit so after quite some time I could also withdraw 5 times 1k.

This works like a charm for me


The first account with +62% is by far my biggest account holding 52% of my total equity. The one with -31% is closed manually because I decided to leave that broker and open the exact same positions with a better broker.

I have 1 more account that isn't listed here holding 22% of my total equity that also saw 50% DD that has +46% profit.

I think with my drawdown I am doing quite okay

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Member Since Dec 09, 2016   11 posts
Dec 11, 2016 at 07:48
Due to gbpchf and usdjpy going up a lot lately on wich I made great profit my drawdown in the accounts listed here is 11.5% and on the account that is not listed here the current drawdown is 27%
Member Since Sep 12, 2015   1948 posts
Dec 11, 2016 at 14:01
Why have such a large DD , why not set it at 5-10% and re buy at a better price , if you believe a price is going to pull back what's wrong with buying it cheaper or selling it more expensive , higher gains.
"They mistook leverage with genius".
Member Since May 04, 2012   1608 posts
Dec 11, 2016 at 15:50
I have set the -25% DD limit as it seems to be the PAIN THRESHOLD for MOST traders.

Trading larger funds, like $100k, even -10% DD can touch a nerve. Of course, it is different if you have your nerves made from ''Titanum-Steel alloy'...

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Member Since Sep 12, 2015   1948 posts
Dec 11, 2016 at 17:22
You don't need nerves of steel if your using the correct DD and risk management, get out of losing trades fast otherwise you become emotionally attached ,you might get lucky with pullbacks in the short term but it will catch up . I would look at hedge fund performance and see how they are preforming as an average , the results might surprise some traders.
"They mistook leverage with genius".
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