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Show your profitable account here.

FMZ_EAs
Mar 01 2018 at 09:10
1 posts
No martingale, no grid, no adding to losers, no praying 😁 FOR REAL

Here you go:

https://www.myfxbook.com/members/FMZ_EAs/ea/2439390

Right information at the right time.
OutsideTheBoxHK
Mar 01 2018 at 09:11
129 posts
JohnSpehl posted:
Great performance!

Are you discretionary or do you trade with a box? What general setups do you work?


I think you were asking me.
I'm a manual trader.
I explain my strategy at Donna Forex at this thread:
https://donnaforex.com/index.php?topic=19712.0

Listed at Darwinex or Trade Copying (MQL5, SignalStart). Please vouch for my system. “Learn from your mistakes and do not give up!”
Adribaasmet
Mar 01 2018 at 09:14
947 posts
vzografos posted:
fxsc1lper posted:
this is my account with 300 % profit and 6 % drawdown

https://www.myfxbook.com/members/fxsc1lper/super-strategy/2437626


I mean its ok although only limited history.
However what I dont really like is the fact that you started with 100 and 0.01 lots (thats 1:10 leverage which is a bit too much for my taste). Now at least with 300 or so balance you are at 1:3 with 0.01.

Still the pips are pretty decent so far. Of course due to the moderately high leverage it could have gone the opposite way. I cannot judge that due to the limited history as I said. Hope it works for you in the future. Best of luck


I don’t know why most of the attached accounts are very recent! I am looking for a long time successful account (minimum 2 years).

Mike K (mikekhod)
Mar 01 2018 at 09:55
52 posts
Adribaasmet posted:
fxsc1lper posted:
this is my account with 300 % profit and 6 % drawdown

https://www.myfxbook.com/members/fxsc1lper/super-strategy/2437626


Amazing graph! But, have you any old account with the same system? I am asking because this account is too young.


Did you look at the broker and its regulations association? If you know what that means.

That's not an unreal broker. Its actually a reputable broker.

I am one of the 5-10% left in the world. Good people who love money for self and to help others. but NOT a sellout to money.
vzografos
Mar 01 2018 at 13:21
17 posts
togr posted:

Just take it from practical way.
If you wish to have lower DD e.g. 10% you can just adjust trade size so you get 10% DD and 10% monthly profit. These are great numbers regardless trading system on background.


The numbers might be great for medium to long-term profitability but they don't tell you anything about risk. And your original comment was about risk. Looking at all the other numbers of his trading system, it is obvious that it he takes too much risk which shows as high volatility in his account.

We are all one trade away from humility
vzografos
Mar 01 2018 at 13:21
17 posts
I wouldn't look at a single number to judge any account performance, let alone risk just by looking at drawdown vs profit. However, IF you want to do so yourself at least look at the proper numbers. Go to his DrawDown tab in
https://www.myfxbook.com/members/GLIFX/glifx-d-our-email-fxall24gmailcom/1798413 and look.
From July to December 2017 he has had between 37-67% drawdown, which is insane. At the same time he made around 1000 USD loss from a 8.4k balance (12% loss). If you dont think that this is risky I dont know what else.

We are all one trade away from humility
sheshwan
Mar 01 2018 at 13:21
15 posts
togr posted:
vzografos posted:
togr posted:
vzografos posted:
togr posted:
profit to risk ratio is NICE


Hi, can you please indicate why this is so?
Thanks


Well monthly profit and max DD are almost equal which is very good


Ok I suppose that is one interpretation. Without open history its not possible to see how much he is leveraging. Personally I think the DD is on the high side and the fact that he has a negative pips balance followed by average loss (in pips) triple the size of the average win, worst trade (pips) 5x times his best trade (pips), negative expectancy and only around 60% winning trades, I would be a bit sceptical about risk on this account. Sure it is profitable, but I think this trading strategy is very volatile if you look at the rest of the stats. Would have been nice to see how many lots he opens for.


Just take it from practical way.
If you wish to have lower DD e.g. 10% you can just adjust trade size so you get 10% DD and 10% monthly profit. These are great numbers regardless trading system on background.


Thats not exactly true. 10% profit and 10% DD are great numbers in a vacuum but it really depends on the system and how long the track record is. If the system is a martingale, then those numbers are not good regardless of track record length. Martingale will eventually have a larger DD, so the 10% can become 20% or 30% at any point. That will ruin the calmar ratio immediately.

10% profit on 10% DD is only good if a system doesnt use any version of martingale, grid or similar strategy. It is good however if the trading is systematic, consistent, has limited risk and has at least 9 months of trading history. Oh, it can not be a scalping system because those have scalability issues. I would look for an average winning trade of 8 pips+.

vzografos
Mar 01 2018 at 13:21
17 posts
sheshwan posted:


You really think that avg monthly profit is close to max DD? Just look at the trading history. He made the bulk of his profits in the first 4 months. Since June he has been making 6% on 26% DD. You guys should really know what you are seeing and look at actual results.


well said. My point exactly

We are all one trade away from humility
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