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Professional signal with >38% DD? Are you kidding?
You have very low standards!
The, analysis myfxbook make the mistake of not discriminating, a floating, a real-DD.
An investor understands that is not the same as having a DD of the deposited money, and have a DD in a cumulative profit.
That's because the business of selling followers, is that a follower can enter in this unfortunate moment and really have an important DD, but the trader is not to blame, when the trader has a gain increases the risk, with this in mind.
Myfxbook gives me a DD of 48%, that's crazy, I never allow a deposit reaches a loss like that, it would be unrecoverable.
And that's the reason why I will never be in the business of signals, because I can never know who comes, or when entering.
We must see the real DD, watching the equty growth, and abs gain.
No, the DD that myfxbook gives cheerfully ...
Your drawdown of 48% is the drawdown which you should have. Even if you took your account from 10k usd to 100k usd which is a 1000% profit and your floating loss after having reached 100k is say 45,000usd then your drawdown is correctly 45%... Drawdown % is the amount of your account you had/have in red. It doesn't matter if it is profit or deposit.
You are right, but I'm not a trader to be right, I am a trader to make money, and I can assure you, I, and my investors are happy.
I would love to never have a DD, that would be fantastic, but the reality is different ...
There, investments, much safer than forex, your bank will probably give you 3% annually, with almost zero risk, and you can also make your trading less ambitious, and spend 15 hours a day to have a 10% annually. or you as I do, accept the risks and focus only on profits that you have at the end of the year.
Lower the risk is easy, you only have to operate with less exposure.
PS: Whatever they say, is not the same as losing the capital deposited, and lose some of the gains, do not forget rule number 1 in investments. not lose money!
Risk comes from not knowing what you're doing.