croSSman Discussion

The account is opened for investment. E-mail: [email protected]

HI,
Can you please fully validate your account? Thank you.

No problem

weslav posted:
No problem

Thank you.

going to be honest your hardly beating inflation in your gains..

You are a child.Income can always be increased.Stability is important for trade.

Your Risk reward is totally off, im far from a child the fact you insult on such ignorance just proves your state of mind..

now lets look at the math...

Your averaging .5% a month, lets say you want to scale that up to 5% a month 10X your current lotsize your drawdown will be almost 80%..

This risk reward in my opinion is totally not worth it, but whatever makes you happy right?

You post on here to get feedback and thats what im giving, dont post on here if you dont want feedback!

Even at 50% a year gains your drawdown is still 40%, now lets say the market moves in a manner your trading plan has yet to see, that could easily hit 60%-70% drawdown with only a reward of 30%-50%..

This is totally not worth it in my opinion but hey beggars cant be choosers, your choice...

And i'm totally overlooking the fact your now using some sort of averaging in your lot sizes now(martingale) which is a totally dynamic variable...

Best of Luck in your trading!

sirius1fx posted:
Your averaging .5% a month, lets say you want to scale that up to 5% a month 10X your current lotsize your drawdown will be almost 80%..

This risk reward in my opinion is totally not worth it, but whatever makes you happy right?

10% gain with a 7% DD. That's a very acceptable profit:DD ratio

sirius1fx posted:
You post on here to get feedback and thats what im giving, dont post on here if you dont want feedback!

Regardless of who started it, let's move past it shall we, and have a discussion regarding the account.

sirius1fx posted:
Even at 50% a year gains your drawdown is still 40%, now lets say the market moves in a manner your trading plan has yet to see, that could easily hit 60%-70% drawdown with only a reward of 30%-50%..

For a 50% gain on the account, you are assuming that you would just multiply the current stats:
10% gain * 5 = 50% gain
7% DD * 5 = 40% DD

But that simply isn't the case.

The trader could easily have open a few trades, and just let them run while profitable.
If the trader is making for example $10.00 USD per pip, on a $1000.00 USD account and the trade gets closed out at 100 pips take profit, then the account would profit 100 pips @ $10 USD per pip = $1000.00 which would clearly be a 100% gain on the account. If also in this example, the order just happen to be opened at the very moment it started to move in the correct direction, then the account would have very little DD% generated from that trade.

If however that same trade, if the market moved against the required direction for the trade, then it could just as easily caused the trade to be stopped out.

My point here is that it isn't as simple as just saying 'ok well if you have 10% gain now, when you get 50% gain, your DD is going to be 40%' or whatever....

There are numerous other factors that need to be also taken into consideration.

sirius1fx posted:
This is totally not worth it in my opinion but hey beggars cant be choosers, your choice...

It looks like a fairly low risk investment system. Of course, it isn't my account, I personally can't speak to the opinion of the original poster of this thread, but all things considered, if the account is profitable with very low risk, I don't really see a problem with it.

Different people have different comfort levels with RISK:REWARD ratios and such. Overall though, the system appears to at least be making a profit which better than 90% of the traders out there.

sirius1fx posted:
And i'm totally overlooking the fact your now using some sort of averaging in your lot sizes now(martingale) which is a totally dynamic variable...

Martingale is one of those topics which causes a lot of misunderstandings and arguments among traders.

However..... Dynamic lot sizes don't always mean that a system is using a martingale approach, and even if they are using it, when properly done it can be extremely profitable.

On a $20,000 USD account, trading very small initial lot sizes, the account isn't at very much of a risk. Considering the account was started in 2014, and it's now 2016, I'd say even if they are using martingale it clearly isn't a problem in this instance.

Low risk investing with compounded profits of .5% over 24 months = $2543.20

The current balance on their account is $22132.33

Considering the account was started in September 2014, and today is May 2nd, 2016, that puts us roughly at:

4 months trading 2014
12 months trading 2015
4 months trading 2016

This gives around 20 months of trading.

With 20 months trading at a compounded profit rate of .5%, the trader is actually doing extremely well, and they're actually a little more profitable than projected.


While it's clearly not the level of profitability that most traders are hoping for, it is most certainly a very solid profit level with very little risk to their account.

All of this is just my opinion of course, but overall I'd say the trader is doing pretty well.

@Professional4X the system is making 5% a year, isnt that the level of most countries inflation! My paypal account pays the same!

Just get a prepaid paypal account and put your money in the savings option, you will get same results with 0 drawdown as a matter of fact i think the paypal account pays 6% a year..

To each their own!

Good Luck!

sirius1fx posted:
@Professional4X the system is making 5% a year, isnt that the level of most countries inflation! My paypal account pays the same!

Just get a prepaid paypal account and put your money in the savings option, you will get same results with 0 drawdown as a matter of fact i think the paypal account pays 6% a year..

To each their own!

Good Luck!

The trader has a system that is compounding the profits at slightlt greater than .5% per month.
Clearly you fail at basic math.

If you don't like how the trader trades, then simply move on and don't bother commenting.

They have a system which is working. Their account is growing slowly and with very little risk.

They could easily ramp up their profits quicker by increasing their lots. Currently they trade very small lots, and use very tight money management rules. The results are slow profits yes... but the risk is very tiny as well.

It's pointless to complain that they don't trade with the same ideas that you use.

They have over $22,000 usd in their live account. You don't have to like how they trade. But they trade how they want and it's clearly working for them.

@Professional4X my math is actually quite accurate and this is a horrible system i wouldn’t touch it with a pole!

im free to comment on whatever thread i please that's the purpose of this board...

Id be complaining if they were trading my money but they arent so im simply just commenting on a thread i see posted thats all lol..

If i want to make only 5% a year i'll put my money in a market savings account!

I have several algorithms that make more with less drawdown but yet they are sitting on my shelf, you clearly have low expectations!

sirius1fx posted:
If i want to make only 5% a year i'll put my money in a market savings account!

We aren't talking about what YOU would do with it. We're discussing what the trader who started this thread is doing.
They have a stable system which is generating a small profit each month, but has very little risk associated with it.

sirius1fx posted:
I have several algorithms that make more with less drawdown but yet they are sitting on my shelf, you clearly have low expectations!

You know nothing about me, nor do you know anything about my expectations.

I am simply trying to have a conversation like an adult about someones system that is making a small monthly profit, but has very little risk to it.

Even 'IF' your math was correct (which is isn't because you're making the assumption of a maximum flat 5% per year profit), the fact of the matter is that while you don't like the system, they do have a system which has made them a profit with very little risk to the account.

If you would simply evaluate the BIGGER picture of the account, and what it is trying to show you, you would see that it isn't about the fact that their system is only making 5% a year on a $20,000 USD account, its the fact that it's doing it regularly and with very little risk. Its the trading STRATEGY that is important here, not the $22,000.00 USD balance in the account.

It's obviously a winning strategy.

As for 'MY' expectations, I expect that you will probably keep trying to argue about how other people should trade and that YOU don't think it's a good system. The account isn't yours. The system isn't yours. The level of profit is unacceptable to you. And you clearly have a negative attitude that is only made worse by your inability to accept the fact that YOUR way of thinking is not the only one, and that others may have some very useful information about how to trade.

Also in regard for 'MY' expectations, I expect to keep learning from others where ever possible and that my income will absolutely continue to grow each and every month for myself and my family just as it has for the last 5+ years.

blah blah whatever... not even going to bother reading your post have a good life im done with this thread!