Aaron's " UnConventional 100% Winning " Strategies ! (By fxtradingempire)
The user has deleted this system.
Aaron's " UnConventional 100% Winning " Strategies ! Discussion
Jul 15, 2016 at 08:49
749 Views
7 Replies
Member Since Aug 20, 2013
24 posts
Jul 21, 2016 at 05:20
Is this a EA deal?
1650450825@
Member Since Dec 04, 2010
1557 posts
Oct 10, 2016 at 00:13
is this available as a signal?
Member Since Dec 04, 2010
1557 posts
Dec 01, 2016 at 16:08
Is this thread monitored by thread owner? cheers
Member Since Sep 24, 2012
3 posts
Dec 18, 2016 at 11:03
please put it up on myfxbook autotrade. More transparency needed....😀
Member Since May 04, 2012
1608 posts
Dec 18, 2016 at 13:26
(edited Dec 18, 2016 at 13:37)
Average Monthly Profit : Max. DD ratio of 1.5 : 1 looks good.
Nevertheless, I have two major concerns with this strategy:
1. There have been only 38 trades over the past 8 months. It is not 'bad' by itself, but a definite concern, as the statistical significance of 38 trades (i.e. the ''p value'') is VERY POOR. In other words - statistically speaking - the results could EASILY BE a product of 'RANDOM CHANCE' and a 'scientist' could not and would not make ANY conclusion out if it.
2. Open Trades and Trade History are hidden AND the account seems to be DISCONNECTED from MyFxBook on a regular bases, and probably during open trades (even though those open trades are hidden). Why would someone disconnect his/her MT4 from MyFxBook if the Open Trades and Trade History were HIDDEN anyway...??
IN GENERAL: In case of MyFxBook disconnection during open trades, MyFxBook cannot record and report REAL maximum floating drawdowns, so the REAL maximum DD value could be MUCH MUCH higher than reported.
The fact that the account's last connection to MyFxBook was 3 days ago (on a Thursday morning at 7:05 AM) means that if there was an open trade right now with a e.g. -50% DD, and eventually closing in 5% profit sometime next week, MyFxBook WILL NOT RECORD and REPORT this -50% DD, just the +5% gain when the account is reconnected to MyFxBook...
I have been a 'victim' of such strategies showing very low and tolerable max. DD values, but after joining as a client, my funds were exposed to rollercoaster range DDs which were INVISIBLE for MyFxBook as the showcase account was disconnected from MyFxBook during those HUGE drawdowns.
Nevertheless, I have two major concerns with this strategy:
1. There have been only 38 trades over the past 8 months. It is not 'bad' by itself, but a definite concern, as the statistical significance of 38 trades (i.e. the ''p value'') is VERY POOR. In other words - statistically speaking - the results could EASILY BE a product of 'RANDOM CHANCE' and a 'scientist' could not and would not make ANY conclusion out if it.
2. Open Trades and Trade History are hidden AND the account seems to be DISCONNECTED from MyFxBook on a regular bases, and probably during open trades (even though those open trades are hidden). Why would someone disconnect his/her MT4 from MyFxBook if the Open Trades and Trade History were HIDDEN anyway...??
IN GENERAL: In case of MyFxBook disconnection during open trades, MyFxBook cannot record and report REAL maximum floating drawdowns, so the REAL maximum DD value could be MUCH MUCH higher than reported.
The fact that the account's last connection to MyFxBook was 3 days ago (on a Thursday morning at 7:05 AM) means that if there was an open trade right now with a e.g. -50% DD, and eventually closing in 5% profit sometime next week, MyFxBook WILL NOT RECORD and REPORT this -50% DD, just the +5% gain when the account is reconnected to MyFxBook...
I have been a 'victim' of such strategies showing very low and tolerable max. DD values, but after joining as a client, my funds were exposed to rollercoaster range DDs which were INVISIBLE for MyFxBook as the showcase account was disconnected from MyFxBook during those HUGE drawdowns.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Member Since Dec 04, 2010
1557 posts
Mar 24, 2017 at 02:45
Hasn't been updated since March 21st, so as you say DD could be a lot higher, when it's not connected for long periods of time...
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