Well I can assure you that a big draw down is a big concern for any trader, but it all depends on whether or not you are selling something here. Your draw down on all 3 accounts is very high which means high risk is involved, probably a Martingale strategy and thats why your trade history is private.
No, nothing to sell here. This was just to show my investors offline. It's fairly high risk but completely manageable, and for the long-term gain I'll take the current risk and drawdown and look to make improvements.
I'm very impressed with others ability to keep drawdown so low and still make strong gains so it gives me hope to evolve this further, but my drawdown is not stopping me from making money and the long-term trajectory is looking great.
It's not a Martingale though, but what does seeing the trade history have to do with it? Does private increase the probability of it being a Martingale? I'm not sure I understand the cynicism? (I'm new to interacting with the community here, so perhaps that's just 'a thing' here?)
Most people here on My Fx Book who hide there trade history, are generally using a Martingale strategy which is high risk. The question here is why are you hiding the trade history, something to hide I would have to say.
You wanted some feedback so I am giving you some, but based on the Absolute Gain percentage, your system or EA is making approx 7.5% ROI per month, which is not that much of a gain for the high risk draw down that you have. For me personally I pass on systems that have a draw down any higher than 25-30%, but its your money so if you are comfortable with such high draw down then so be it because its totally your choice.
I haven't denied I have something to hide, because I most certainly do! I actually want to hide as much as possible, mainly so nobody tries looking into the trades and reverse-engineer (or even attempt to) my systems. (albeit, they're admittedly not groundbreaking systems, but still...)
Since time of inception (when I actively started trading this account, not when it was created), it actually has a much higher monthly return than 7.5%, but to be honest - even if it was 7.5%, I would have thought that was really good but I guess not. I'm quite proud of a 182% gain, and 11 consecutive months of positive returns - not that I'm expecting a medal for it, but is that really that bad even with the drawdown?
If you look at Laylo 3, that's made over 80% since the end of July 2019, and averaging 11% a month profit. Drawdown getting better too.
What's the approximate criteria you look for in a system?
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.