LOL why you are so obsessed with the DD% when the total combined profit on my personal accounts was over $330K over 4 years?
As I said before, they were my own accounts and I was trading them at high risk and only leaving what’s required in the accounts to cover the margin. If I had a $1 million account then the numbers would become 33% gain with less than 10% DD over 4 years, because I never had a loss of more than $100K from the peak at any given time. I basically was trading my accounts like a $1 million account when I only had $100K or less in there. But I was confident with the strategies and at the end of the day it’s the actual profit in $$$ that counts, not the DD% which is just relative to the account size. It is a high risk method but I made it work with the profitable SFE strategies I had.
With the signals I am running now on IC Markets, I only use the default risk designed for each EA. Still, the IC Markets 100% Risk account is considered a high risk account and I expect the max DD can go up to 50-60%, but at the same time the yearly gain should be over 100-200%. The Pepperstone 30% Risk account will have a max expected DD less than 20%, with an expected annual return of 30-50%. There is no risk of margin call even with the high risk account, because the max loss on a single trade is capped at 3%, and as the account decreases in size, the trading lot size will go down as well.
People who are more adventurous can use the same risk as my IC Markets account, however I don’t recommend using this risk for people who are not prepared for 50% DD. Also, to balance out the risk myself, I plan to withdraw profits from the 100% Risk account to the 30% Risk account regularly.
As for the 34% DD on stefanos’s account, he started using SFE Price Action right at the peak in July 2018. Price action based strategies have struggled in the last 2 years due to less sustained breakouts in the market. Nevertheless, even though it is still now sitting at 20% DD, the official SFE Price Action account still had over 400% gain since 2015: https://www.myfxbook.com/members/autotrade/sfe-price-action/1331484
In fact, knowing the market cycle, I believe SFE Price Action will start to make another new high soon - very likely before the end of the year.
Also, SFE Price Action is only 1 of the 9 EAs that we use in our signals. When you have 9 profitable long term strategies covering each other, then the stagnation period will be significantly reduced, and the growth curve will be much more smooth.
Ok, that’s enough from me now. You are welcome to come back in a year’s time and see where our accounts are sitting at.😉