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# pepperstone Discussion

Dec 15 2012 at 11:50
33 posts
What do you think?
I'm feeling like I found my way, let's see if I can continue until a full year...

sekatsimorez
Mar 21 2013 at 22:16
7 posts
Nice results and consistence!. Congrats!.

Just I wanted to ask you if do you think that looking for more TP and more SL, in terms of pips, with the premise of maintain your current risk/reward ratio, would it mean the strategy to stop working?

Anyway, very good job.

Apr 06 2013 at 08:29
33 posts
Thank you sekatsimorez.
As this is a discretionary strategy, there is no way to answer your question with certainty.
Howeverer I think that looking for more TP and more SL will cause the strategy to stop working, because I look at intraday key levels to set TP and SL, and these levels cannot be modified arbitrarily.

Apr 06 2013 at 08:33
33 posts
I'm very happy that my account has been approved as an AutoTrading provider... that means that myfxbook staff think that this is one of the best account here 'We hand pick the best accounts only' 'We allow only proven track records as providers'.

😁

I've been trading from 1999, that's almost 14 years. I paid my tuition to the markets by blowing a couple of accounts in the early years, then I had many break-even years, and finally some proftable years. After two profitable years I decided to publish my account here, with the goal of reducing drawdown while aiming at 5% average monthly gain.

Apr 06 2013 at 08:43
33 posts

As a statistian, I can tell you that these are the two most important numbers to look at, beacuse:

E = P_win * A_win

=> Expected outcome = Probability of winning * Average winning

I hope to continue with these results for a long time.

Apr 06 2013 at 13:14
18 posts
jagui posted:

As a statistian, I can tell you that these are the two most important numbers to look at, beacuse:

E = P_win * A_win

=> Expected outcome = Probability of winning * Average winning

I hope to continue with these results for a long time.

You forgot, the single most important factor, you forgot to mention the draw down. Draw down is the first factor any trader should look at, and then you can begin to look at the other factors.

Keep it simple!
Apr 06 2013 at 13:14
18 posts
Forgot to say that your statistics looks fine, and consistent, keep on the good work. 😄

Keep it simple!
Apr 07 2013 at 08:39
33 posts
You're right, drawdown is as important as than %win and %avg_win vs %avg_loss.
It should be the first thing to look at.

castlebrook
Apr 16 2013 at 08:34
7 posts

Apr 16 2013 at 08:50
33 posts

FxMasterGuru (FxMasterGuru)
Apr 16 2013 at 09:41
1608 posts
Hi Jagui! I wanted to send a private message to you, but it seems that you do not accept private messages... Can you enable it?

Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Apr 16 2013 at 09:54
33 posts
Hi FxMasterGuru, I didn't block private messages, I can't even find an option to block them,

Paracelsus66
Apr 16 2013 at 10:26
85 posts
jagui posted:
Hi FxMasterGuru, I didn't block private messages, I can't even find an option to block them,

For some reason the 'Message' option does not show up with your name and strategy (located between 'Quote' and 'Report').

fxmanaged
May 14 2013 at 21:13
3 posts
I think what happened is that Myfxbook disabled the ability to send messages to some of the participants in their AutoTrade program.