Show your profitable account here.
FxMasterGuru (FxMasterGuru)
Member Since May 04, 2012
1608 posts
Dec 01, 2016 at 15:59
Nemefis posted:
Its because the starting balance was 500$. After that in October, we added about 3500$ and had some loosing trades in November. Thats why the profit absolute profit is shown as 1.5%. Correct gain is 21.23%.
@Nemefis
What really counts is the Average Monthly Profit : Max. Drawdown Ratio. It is the modified CALMAR RATIO.
If this ratio is above 1:1 the strategy qualifies for 'very good' in my books. Anything above 2:1 ratio is 'excellent' and strategies with ratios above 3:1 deserve to be called 'miracles'.
So your startegy is 'very good' based on this ratio (1.3 : 1 to be exact). My question: why keeping the lot sizes (and the absolute profits) so small with such a 'very good' strategy...?
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Dec 01, 2016 at 19:13
Agree with this. For me personally, all other stats are irrelevant...
FxMasterGuru posted:
What really counts is the Average Monthly Profit : Max. Drawdown Ratio.
My offers: FXCM $4.99/RT, Pepperstone Razor AUD$6/RT, VantageFX $4.30/RT, ICMarkets AUD$5.50/RT - no mark-up spread or slippage!
Ozzie Matt (aeronthomas)
Member Since Dec 04, 2010
1557 posts
Dec 02, 2016 at 08:49
FxMasterGuru posted:Nemefis posted:
Its because the starting balance was 500$. After that in October, we added about 3500$ and had some loosing trades in November. Thats why the profit absolute profit is shown as 1.5%. Correct gain is 21.23%.
@Nemefis
What really counts is the Average Monthly Profit : Max. Drawdown Ratio. It is the modified CALMAR RATIO.
If this ratio is above 1:1 the strategy qualifies for 'very good' in my books. Anything above 2:1 ratio is 'excellent' and strategies with ratios above 3:1 deserve to be called 'miracles'.
So your startegy is 'very good' based on this ratio (1.3 : 1 to be exact). My question: why keeping the lot sizes (and the absolute profits) so small with such a 'very good' strategy...?
You have the same thinking as me, I also like systems that have an average monthly profit equal to or higher than the maximum drawdown. These systems are very rare, I have started a new thread to uncover these systems. Everyone is welcome to post other systems they come across that meet these very stric criteria. Hopefully this thread won't have many posts but the systems will be great ones. Here's the link for this new thread https://www.myfxbook.com/community/general/profitable-systems-monthly-return-higher/1323134,1
Dec 02, 2016 at 10:22
Great idea, I'll join you there:-)
aeronthomas posted:
You have the same thinking as me, I also like systems that have an average monthly profit equal to or higher than the maximum drawdown.
My offers: FXCM $4.99/RT, Pepperstone Razor AUD$6/RT, VantageFX $4.30/RT, ICMarkets AUD$5.50/RT - no mark-up spread or slippage!
SaltyWaters
Member Since Mar 22, 2010
247 posts
Dec 02, 2016 at 19:44
(edited Dec 02, 2016 at 19:53)
FxMasterGuru posted:Nemefis posted:
Its because the starting balance was 500$. After that in October, we added about 3500$ and had some loosing trades in November. Thats why the profit absolute profit is shown as 1.5%. Correct gain is 21.23%.
@Nemefis
What really counts is the Average Monthly Profit : Max. Drawdown Ratio. It is the modified CALMAR RATIO.
If this ratio is above 1:1 the strategy qualifies for 'very good' in my books. Anything above 2:1 ratio is 'excellent' and strategies with ratios above 3:1 deserve to be called 'miracles'.
So your startegy is 'very good' based on this ratio (1.3 : 1 to be exact). My question: why keeping the lot sizes (and the absolute profits) so small with such a 'very good' strategy...?
We shouldn't forget the most important factor here 'TIME'.
The Calmar Ratio is calculated as the Average Annual rate of return computed for the latest 3 years divided by the maximum drawdown in the last 36 months.
Accounts with less than 3 years shouldn't be taken into consideration.
This is one of the reasons people lose their money when investing. They are to fast jumping into something hasn't been proven yet. Greed blinds them and they don't consider 'time' as a factor for success.
Tony Pipsy (Kingace)
Member Since Dec 20, 2014
45 posts
Dec 04, 2016 at 07:52
@FxMasterGuru
Please can you help me analyse my account and strategy? how am i fairing? how would you qualify my strategy? what is my monthly ratio? is it 1> 1 or 2 t> 1?
I hope to be a better trader so any criticisms are welcome
Please can you help me analyse my account and strategy? how am i fairing? how would you qualify my strategy? what is my monthly ratio? is it 1> 1 or 2 t> 1?
I hope to be a better trader so any criticisms are welcome
Proverbs 22 vs 29
Tony Pipsy (Kingace)
Member Since Dec 20, 2014
45 posts
Dec 04, 2016 at 07:53
Proverbs 22 vs 29
Alexander Panchenko (Nemefis)
Member Since Apr 10, 2015
7 posts
Dec 04, 2016 at 08:06
There will be an account with more aggressive settings in January, probably with risk factor 2.5 or 3 and monthly profit target of around 10%.
I expect for the ratio to go up in the coming months, maybe even to 2:1. It used to be 2:1 but it went down in the last month due to a couple of loosing trades.
I expect for the ratio to go up in the coming months, maybe even to 2:1. It used to be 2:1 but it went down in the last month due to a couple of loosing trades.
davidking99
Member Since Nov 11, 2016
90 posts
Dec 04, 2016 at 08:28
Dragon Expert Advisor v3.2
Tested on REAL ACCOUNT. Estimate growth 60%-100% per month.
Live monitoring Account -> https://www.myfxbook.com/members/davidking99/dragon-expert-v32-eu-ej/1869660
Download dragon expert v3.2 + tutorial -> https://bit.ly/getdragonexpert
Tested on REAL ACCOUNT. Estimate growth 60%-100% per month.
Live monitoring Account -> https://www.myfxbook.com/members/davidking99/dragon-expert-v32-eu-ej/1869660
Download dragon expert v3.2 + tutorial -> https://bit.ly/getdragonexpert
zk74
Member Since Jan 22, 2015
55 posts
Dec 04, 2016 at 08:41
FxMasterGuru (FxMasterGuru)
Member Since May 04, 2012
1608 posts
Dec 04, 2016 at 08:45
@aeronthomas
Excellent idea, Matt! The first one you have posted is a real gem.
As the ''owner'' and ''guardian'' of the new thread it will be your ''job'' to keep the ''bijou'' and fake gem sellers away as much as possible.
Of course, you can count on me as your vigilant assistant, but only you'll have the power to keep them out by blocking the violators of the rules. (Unfortunately this thread has been polluted badly as many posters don't read the rules of Post #1 or simply don't care about them.)
Excellent idea, Matt! The first one you have posted is a real gem.
As the ''owner'' and ''guardian'' of the new thread it will be your ''job'' to keep the ''bijou'' and fake gem sellers away as much as possible.
Of course, you can count on me as your vigilant assistant, but only you'll have the power to keep them out by blocking the violators of the rules. (Unfortunately this thread has been polluted badly as many posters don't read the rules of Post #1 or simply don't care about them.)
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Danijel Markovic (marki977)
Member Since Mar 04, 2015
8 posts
Dec 04, 2016 at 09:47
Dec 05, 2016 at 05:11
(edited Dec 05, 2016 at 05:14)
davidking99 posted:
Dragon Expert Advisor v3.2
Tested on REAL ACCOUNT. Estimate growth 60%-100% per month.
Live monitoring Account -> https://www.myfxbook.com/members/davidking99/dragon-expert-v32-eu-ej/1869660
Download dragon expert v3.2 + tutorial -> https://bit.ly/getdragonexpert
Balance: $3527.53
Equity:(241.16%) $8506.94
Deposits: $5000.00
Withdrawals: $0.0
Equity is 241.16% but in open trades I see 'Total: -0.57%'. How that possible?
zk74 posted:
Something new!!
https://www.myfxbook.com/members/zk74/real-hurricane/1870766
Balance: $9432.92
Equity:(154.83%) $14604.64
Deposits: $5655.00
Withdrawals: $0.00
Open trades: 'Total: -2.72%'
Same question.
Member Since May 17, 2013
33 posts
Dec 05, 2016 at 06:43
(edited Dec 05, 2016 at 06:45)
davidking99 posted:The anomaly is in the best/worst trade in $ and in pips. This is normally a tell tale with position sizing issue.
Dragon Expert Advisor v3.2
Tested on REAL ACCOUNT. Estimate growth 60%-100% per month.
Live monitoring Account -> https://www.myfxbook.com/members/davidking99/dragon-expert-v32-eu-ej/1869660
Download dragon expert v3.2 + tutorial -> https://bit.ly/getdragonexpert
Referring to the Nov 14 trades (attachment 2), there were two trades that accounted for approx. 50 % of the total net profits out of a sum total of 1896 trades. Normally one would expect a bell curve distribution in profits and the outlier in contribution are the profit runs. However in this case, it is a position sizing problem that was 200X the normal that was the contributor. In other words, a substantial amount of leverage risk was taken to generate the profit. If it had gone the other way, the result could be a blown account or a significant DD. It is not just the outcome that matters but how you get there.
Attachments:
Dec 05, 2016 at 11:09
(edited Dec 05, 2016 at 11:10)
Ozzie Matt (aeronthomas)
Member Since Dec 04, 2010
1557 posts
Dec 05, 2016 at 12:21
FxMasterGuru posted:
@aeronthomas
Excellent idea, Matt! The first one you have posted is a real gem.
As the ''owner'' and ''guardian'' of the new thread it will be your ''job'' to keep the ''bijou'' and fake gem sellers away as much as possible.
Of course, you can count on me as your vigilant assistant, but only you'll have the power to keep them out by blocking the violators of the rules. (Unfortunately this thread has been polluted badly as many posters don't read the rules of Post #1 or simply don't care about them.)
Thanks FXMasterGuru, Unfortunately the thread has disappeared. I have asked @admin @ethan to investigate what's going on? hopefully receive a response shortly.
Dec 05, 2016 at 13:03
aeronthomas posted:FxMasterGuru posted:
@aeronthomas
Excellent idea, Matt! The first one you have posted is a real gem.
As the ''owner'' and ''guardian'' of the new thread it will be your ''job'' to keep the ''bijou'' and fake gem sellers away as much as possible.
Of course, you can count on me as your vigilant assistant, but only you'll have the power to keep them out by blocking the violators of the rules. (Unfortunately this thread has been polluted badly as many posters don't read the rules of Post #1 or simply don't care about them.)
Thanks FXMasterGuru, Unfortunately the thread has disappeared. I have asked @admin @ethan to investigate what's going on? hopefully receive a response shortly.
I was hoping it was a mistake from you guys but its the same here... I saved all those systems published in the thread in a excel file for me... I can share if you reopen a new topic... but it is 'interesting' what happened after a few comments...
