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Show your profitable account here.

zijlstra (zijlstra)
Oct 27 2018 at 18:24
104 posts
ArslanHyder (ArslanHyder)
Oct 28 2018 at 07:23
5 posts
ArslanHyder (ArslanHyder)
Oct 28 2018 at 07:27
5 posts
togr posted:
pipscalper71 posted:
scalptastic posted:
wdqwwdq posted:
https://www.myfxbook.com/members/wdqwwdq/forexist/2712892

My account gain: 347.29% profit factor: 143.92 DD: 8.7%. This is still a fresh account but in the next 6 month this account will be explosive with results you have not seen before. Stay posted.



This is a martingale account; in 6 months time; it will be in the graveyard


Sorry to disappoint you but there is 2 aspects to a Martingale style of trading. One is an increase in lot size per trade which is usually double of the previous trade, but that is not happening here. Number 2 is trading against the trend which he does, but he does not open more than 2 trades per pair at anyone time.

Based on his results, draw down and winning percentage I would say that he has things under control so far. When you keep the max trades per pair to 2, even though the second trade may be against the trend and no increase in lot size, it would be much harder to blow an account with this style of trading.


winning percentage is actually what should make you worry.
if there are only profitable trades and no stop losses
what will happen with sudden market change? All these open trades will change into unprofitable.
So in coming months we will not see 13% open DD like now but 50-60%


Sharpe Ratio is a way to go.. If his sharpe ratio is above 1 then, It is a safe account.. My 2 cents.

jah_skido (jah_skido)
Oct 28 2018 at 07:36
1 posts
Cool to see soo many profitable accounts using different strategies. Some of the win rates are just mind boggling to me.

Novar (Novar)
Oct 28 2018 at 07:43
63 posts

After backtest 5 years

Here in demo 10 month

https://www.myfxbook.com/members/Novar/mars-night/2414368

and after here in live account 4 month

https://www.myfxbook.com/members/Novar/mars-night/2602079

let me know


Attachments:


wdqwwdq (wdqwwdq)
Oct 28 2018 at 08:22
10 posts
https://www.myfxbook.com/members/wdqwwdq/forexist/2712892

DD was up abit last night due to high impact news. But overall I think all my trades performed very well last night at handling the news. I was expecting Audusd to change its momentum and rally upwards and which it did. I had to enter a few times because the market gave me a better price and opportunity to enter again. I do not have physical stoploss in place, but I do have mental stoploss incase of the spread hitting my stoploss which could close my trades prematurely. I am not afraid of trading against the trend as long as i'm confident that the market is changing its direction. Happy trading guys!

Mastering Price Action is a beautiful thing.
GermanyFX (GermanyFX)
Oct 28 2018 at 08:23
229 posts
pipscalper71 posted:
scalptastic posted:
wdqwwdq posted:
https://www.myfxbook.com/members/wdqwwdq/forexist/2712892

My account gain: 347.29% profit factor: 143.92 DD: 8.7%. This is still a fresh account but in the next 6 month this account will be explosive with results you have not seen before. Stay posted.



This is a martingale account; in 6 months time; it will be in the graveyard


Sorry to disappoint you but there is 2 aspects to a Martingale style of trading. One is an increase in lot size per trade which is usually double of the previous trade, but that is not happening here. Number 2 is trading against the trend which he does, but he does not open more than 2 trades per pair at anyone time.

Based on his results, draw down and winning percentage I would say that he has things under control so far. When you keep the max trades per pair to 2, even though the second trade may be against the trend and no increase in lot size, it would be much harder to blow an account with this style of trading.


Thankyou for understanding. my posts got deleted here where I explained it ny self.

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