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Contest summary

Chris
Krysztau
Jun 09 2010 at 10:06
68 posts
Hi,
Contest is done. :)
If I took no trade I would be on 8th position :D :D :D

I heard 5% make in in FX,
Here we can see 2% of winners. 1 month is not enough you would say, but what all of you must admitt is
1. Even if in long run someone would turn above 100% balance, certainly someone from top is there randomly.
2. This is short run, but there is loads of trades [of different traders] alredy traded, so if one would add up all of them I believe it would turn out to be faaar below zero sum game.


Unfortunately there's no apropriate tool, so I will try to count all trades, total result and see what satistics would say about it [how our results should look according to Gaussian bell curve].

I will post later :)

Chris
Krysztau
Jun 09 2010 at 12:10
68 posts
I tried to implement some probability formulas to all those data, however it turned out that going above 100% is statistically virtually impossible.

However all those calculations were made on average results and number of trade. In average 3% of trades were winners, so taking less trades gives you bigger chance for success...

Anyway, have you got any thoughts on results as statistical data..?

sportcity
Jun 09 2010 at 16:26
4 posts
Krysztau posted:
    I tried to implement some probability formulas to all those data, however it turned out that going above 100% is statistically virtually impossible.

However all those calculations were made on average results and number of trade. In average 3% of trades were winners, so taking less trades gives you bigger chance for success...

Anyway, have you got any thoughts on results as statistical data..?


For that I traded just 5 trades and I stopped on the 17th of the month ( I started my 1st trade on the 5th of the month ... that means 10 days of trading ). After that I started to monitor other top leaders' equities.

I won >>>>> Thanks God


bellura2001
Jun 09 2010 at 17:09
1 posts
Chris
Krysztau
Jun 09 2010 at 21:58
68 posts
The point is o you feel capable of making such a great choices over and over again year by year. :)

sportcity
Jun 09 2010 at 22:18
4 posts
bellura2001 posted:
    TAHANINA
CONGRATULATIONS


SHOKRAN
Thanks very much

bestforexea (bestforexea)
Jun 11 2010 at 12:16
75 posts
Congratulations is in order sportcity... 😀


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