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RSTrading

Member Since Jul 16, 2013  385 posts Rihan (RSTrading) Apr 12 2015 at 12:17
Hi there.

There are threads where you can go advertise your trading accounts, but with stricter rules.

I would like to invite traders to show off their accounts here if they pass certain criteria.

The criteria :

1) The account must be real - no demo's. (please do not argue here that it is the same as a live acc. etc - the idea is not to engage in any arguments)
2) The account must be verified (please do not come and defend your unverified-but-want-to-participate account - there will simply be no interest)
3)DD must not be higher than 40% - (please. Once again. No justification for your above 40% dd, if it is higher - don't participate)
4)The account must be older than 3 months, maybe this is even still too young.
5)No martingales! (it might work for you, and I do not want to engage in an argument - just please keep to yourself and don't participate)

That's it. Only these five things. If your account passes that, feel free to let others know. There will be those that are disgruntled they cannot participate and will try to justify their way of trading, please ignore them - if it works for you, then great - maybe start a new thread and invite others trading that style to participate. - As I said, this place is not for arguing, it is for displaying accounts that potential investors might want to follow based on the criteria above. This thread is not intended to badmouth other trader's ways.

Live and let live..
adrian8891

Member Since Jun 03, 2010  696 posts Adrian Matusiak (adrian8891) Apr 12 2015 at 17:44

PAMM MANAGER // Professional Fund Manager
RSTrading

Member Since Jul 16, 2013  385 posts Rihan (RSTrading) Apr 12 2015 at 18:32
Very nice. The first one passes all the checks. The second one..... a bit young for my liking.

Here is mine.....

https://www.myfxbook.com/members/RSTrading/my-holy-grail/1097298

Live and let live..
CrazyTrader

Member Since Nov 21, 2011  1693 posts CrazyTrader (CrazyTrader) Apr 12 2015 at 20:46 (edited Apr 12 2015 at 20:49 )
Hi,

I'm not here to fight, but it seems important for you to take in consideration some criterias you forgot.

How to evaluate a system?
It's not because that you don't apply martingale, that martingale trading account couldn't be presented here?... it's called discrimination.

It's like if you would say, average win must be > 10 pips.... (then you would be disqualified)
=> This is just an exemple.

To make it fair, you can't pick up criterias that suit your strategy.... anyway.


The most important part is a ratio that isn't presented into myfxbook stats.

It's called:
Calmar Ratio: A return/risk ratio. The return (numerator) is defined as the compound annualized return over the last 3 years, and the risk (denominator) is defined as the maximum drawdown (in absolute terms) over the last 3 years. (If there is not 3 years of data, the available data is used.)

This ratio must be at least greater than 3 in term of trading performance. Between 1 to 3... it's fine but not sufficient in term of ROI. Below 1, the risk involved is too high compared to the return

In your case:
Calmar ratio is (2.88 / 5.77) = 0.49

Hope you have learnt something regarding Risk vs Gains

By the way, 86 winning trades in a row is a nice performance!... even if it's 2 pips tp.

You love my free signals... Like me on fb : )
CrazyTrader

Member Since Nov 21, 2011  1693 posts CrazyTrader (CrazyTrader) Apr 13 2015 at 07:10
I'm out from here... the cockroach he's only here to argue with anyone that dares to tell the truth to him... just have a look to his activity... he can't do anything else in every thread.

Bye

You love my free signals... Like me on fb : )
BenNathanFX

Member Since Sep 06, 2013  135 posts Ben Nathan (BenNathanFX) Apr 13 2015 at 07:19
https://www.myfxbook.com/members/BenNathanFTA/wwwfxnewstradercouk-daily-trade-alerts-live/1172397

Its around the 3 month mark, low DD, good profit (10% in 3 months) stable statistics (50% win rate/2.1 RR). Trading is fundamental based in reasoning with consistent technical entry methods. Nothing fancy, just logical, simple trading. Risk is never above 1%.

HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
CrazyTrader

Member Since Nov 21, 2011  1693 posts CrazyTrader (CrazyTrader) Apr 13 2015 at 07:20
forexpipcatchar posted:
CrazyTrader posted:
I'm out from here... the cockroach he's only here to argue with anyone that dares to tell the truth to him... just have a look to his activity... he can't do anything else in every thread.

Bye



Awwww your the cockroach freak you make your money from traders not from trading you fool. You're a big scammer let everyone go to your freaky website and see what you do and how ugly the French are lol


I'm sorry for, I have never traded someone else money, only once it was investor and it was visible on my account... I don't bring anything new here lol.

You love my free signals... Like me on fb : )
RSTrading

Member Since Jul 16, 2013  385 posts Rihan (RSTrading) Apr 13 2015 at 07:51 (edited Apr 13 2015 at 07:58 )
CrazyTrader posted:
Hi,

I'm not here to fight, but it seems important for you to take in consideration some criterias you forgot.

How to evaluate a system?
It's not because that you don't apply martingale, that martingale trading account couldn't be presented here?... it's called discrimination.



Hi crazytrader, I also don't want to fight (the purpose of this thread was not to start arguments). There are many traders who apply martingale and swear by it. For the purpose of this thread I want to exclude them. I am in no way discriminating. (It is even an autotrading account requirement!)
'
It's like if you would say, average win must be > 10 pips.... (then you would be disqualified)
=> This is just an exemple.

To make it fair, you can't pick up criterias that suit your strategy.... anyway.'


I am not worried about pip sizes - as long as the system shows profit they can be any size thus I am not making it to suit my trading style.


'The most important part is a ratio that isn't presented into myfxbook stats.

It's called:
Calmar Ratio: A return/risk ratio. The return (numerator) is defined as the compound annualized return over the last 3 years, and the risk (denominator) is defined as the maximum drawdown (in absolute terms) over the last 3 years. (If there is not 3 years of data, the available data is used.)

This ratio must be at least greater than 3 in term of trading performance. Between 1 to 3... it's fine but not sufficient in term of ROI. Below 1, the risk involved is too high compared to the return

In your case:
Calmar ratio is (2.88 / 5.77) = 0.49

Hope you have learnt something regarding Risk vs Gains'


I have learned yes - didn't know that - thank you.


By the way, 86 winning trades in a row is a nice performance!... even if it's 2 pips tp.

Why thank you..

Live and let live..
BenNathanFX

Member Since Sep 06, 2013  135 posts Ben Nathan (BenNathanFX) Apr 13 2015 at 07:55
Regarding Martingale - its taking the roulette red/black theory and applying it to trading... in my early days (about 10 years ago) i spent 6 months taking my first live account from $100 to $600 (admittedly risking too much at the time) using Martingale.... the problem is, once you get stuck in a range you're in a mess.... My start risk % was 1% and i would only trade one pair at a time, and yet I watched Martingale blow the entire account in 4 hours....

Martingale is like a ticking bomb - it lures you into a false sense of security... then one day when you are sitting confident you watch your account suddenly blow up....


HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
CrazyTrader

Member Since Nov 21, 2011  1693 posts CrazyTrader (CrazyTrader) Apr 13 2015 at 07:57
RSTrading posted:
Hi crazytrader, I also don't want to fight (the purpose of this thread was not to start arguments). There are many traders who apply martingale and swear by it. For the purpose of this thread I want to exclude them. I am in no way discriminating. (It is even an autotrading account requirement!)


Yeah you are right, this is a requirement... I just check it : )

You love my free signals... Like me on fb : )
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