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Prove your trading worth... 100% weekly on a consistent basis - long-term?

Bob LLewellyn (ForexAssistant)
Jan 30 2015 at 21:14
465 posts
Dr. Vodka,
I think I understand your point about the risk. Since the curve has risen the most toward the end, you must have maxed out the lot size, correct? Alright that doesn't do much good outside a competition but that 85% win ration and such a high profit factor has got my attention. What would it take to learn how to constantly get an 80+ win ratio like that? Can that be done on a regular basis?

I think that others might like to hear what you have to say but we can go private if you like.

Bob

where research touches lives.
DrVodka
Jan 30 2015 at 21:36
297 posts
yes u r correct about the lot size at the end , and yes it can be done on a regular basis but NOT daily or weekly and it will involve BIG risks . U have to risk BIG to win BIG fast . if U you are happy with 5 % a months then you dont need to Risk allot you know what i mean .But if u want FAST Money then you need to Risk more . Simple

100 % a months is very possible x 12 = 1200 %

Bob LLewellyn (ForexAssistant)
Jan 30 2015 at 21:44
465 posts
Yes, I understand that but I am dying to know how you achieved the 85% win ratio.


Bob

where research touches lives.
DrVodka
Jan 30 2015 at 21:54
297 posts
DrVodka
Jan 30 2015 at 22:10
297 posts
Bob LLewellyn (ForexAssistant)
Jan 30 2015 at 22:57
465 posts
Thanks Dr. Got it. I guessed that the sizes had to be large but I didn't guess how many it would take. I won't go any further hear but I would like to thank you for helping me to understand you methods. I did indeed understand how the 85% was achieved but I am not sure how to adapt it to everyday type system. Its Ok though, it gives me something to think about.

Thanks again,

Bob

 

where research touches lives.
DrVodka
Jan 31 2015 at 02:11
297 posts
there is all so another problem to that !!!

Profit -- what is 100 % profit a week for you ??????

let say u 400 % UP on your 100 $ investment that is 500 $ on balance

do i withdraw that 400 % every week or u just leave it there ( compound ) .

if i leave it there then next month u gona have to make 500 $ just to make 100 % Profit
or i can withdraw 400 % and start with 100 $ again that way u only gong to need 100 $ to cover same 100 % .


Bob LLewellyn (ForexAssistant)
Jan 31 2015 at 06:22
465 posts
Those are the kind of problems I go looking for. But I was looking to compromise profit for safety, I just don't know how to do it, yet.

Bob

where research touches lives.
Cholipop
Jan 31 2015 at 16:40
406 posts
This conversation is so simplistic that it makes me sick. Bob said he is looking to 'compromise profit for safety'. In what freaking world do you live in. Your not even safe in your own skin, so as long as you are exposed to the market your account could never be safe. The level of manipulation which can occur in forex by far exceeds that of say 'wall street trading'.

1) The spread which is clearly controlled by the broker, can turn your stop loss into swiss cheese. The spread can turn pending orders to market orders which once opened would create a margin call due to the Max leverage which you have set forth prior to the order being filled.

 Most of you simple minded traders like Bluepanty and Bob haven't been trading long enough to even see the manipulation in real time. Bluepanty did say he was 'to lazy' to sit in front of a screen all day, which clears tell you a lot about his perception of what the market is.

  If you see a person who has turned even 50% profit in a month, and that person has placed more then 50 trades, simply analysing their trades and only focusing on the Pip-drawdown will tell you if that person can profit in the 'long term' or not. Once again you simple minded fools fail to realize that, because Pip-drawdown isn't even mentioned on forums. You guys are more focused on ENDING UP being correct, then being CORRECT from the time you get into the currency.

CrazyTraderfx (CrazyTrader)
Jan 31 2015 at 17:35
1718 posts
- x%/day
- pip drawdown
- or any other criterias like this aren't the key and can't garantee success for the long term

Whatever your strategy is, 90% of time, a system will crash one day because the way it trades is wrong.

No one talks about equity curve that must be always (as much as possible) above growth.
The most important thing is the way it trades...

Any system trading this way will have much more chance to survive into this jungle rather than the way 90% traders trade... cutting profit too quickly and running looser trader.




 VS




What kind of curve do you fancy?
When Equity is above Growth, system tends to go up and vice versa

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