TESTEA (By erica123 )
The user has deleted this system.
DanielNWA Trading
(Danielnwa)
Member Since Jun 26, 2011
90 posts
Sep 05 2011 at 03:30
Hi erica123,
that is a very interesting equity curve you've got there! Are you trading manually or is this an automated system?
Warm regards, Judd Briza.
that is a very interesting equity curve you've got there! Are you trading manually or is this an automated system?
Warm regards, Judd Briza.
Don't work hard, work smart.
a little of both! Lets see how long it lasts😄
DanielNWA Trading
(Danielnwa)
Member Since Jun 26, 2011
90 posts
Sep 05 2011 at 14:59
Well good job is all I have to say! Happy trading!
Don't work hard, work smart.
goodmast3r
Member Since Aug 31, 2011
6 posts
Sep 06 2011 at 06:50
Wow that's awesome. Can you share what strategy you use?
Losing thrise on the same condition, currency in a short time is a moron
to be fair, the gains are not all that impressive - let me explain why.
myfxbook has 2 calculations, the gain and the absolute gain. The gain is calculated via INITIAL balance. So if you put in $100 into an account and trade for one day, and then put $5000 the next day, and continue to trade.
The way myfxbook will calculate gain will be based on the initial balance of $100 so if you make 1% on $5000, that is $50, but my fxbook will make that calculation as 50% because $50 is 50% of your initial $100 deposit. So you can make $50 for 10 days, and it myfxbook will calculate that gain as the account having grown by 500% even though we both know the actual gain on the account was really 10%.
A lot of marketers do that, and you should be aware of that. I am not trying to sell anything, so I don't mind letting you know about this somewhat little known fact. The absolute gain gives the value based on all deposits, but even that is not so accurate because if you make lots of deposits and withdrawals, it doesn't reflect properly. In order to evaluate a system, looking at % gain is a very small part of the overall picture.
Good luck and many pips to all!
myfxbook has 2 calculations, the gain and the absolute gain. The gain is calculated via INITIAL balance. So if you put in $100 into an account and trade for one day, and then put $5000 the next day, and continue to trade.
The way myfxbook will calculate gain will be based on the initial balance of $100 so if you make 1% on $5000, that is $50, but my fxbook will make that calculation as 50% because $50 is 50% of your initial $100 deposit. So you can make $50 for 10 days, and it myfxbook will calculate that gain as the account having grown by 500% even though we both know the actual gain on the account was really 10%.
A lot of marketers do that, and you should be aware of that. I am not trying to sell anything, so I don't mind letting you know about this somewhat little known fact. The absolute gain gives the value based on all deposits, but even that is not so accurate because if you make lots of deposits and withdrawals, it doesn't reflect properly. In order to evaluate a system, looking at % gain is a very small part of the overall picture.
Good luck and many pips to all!
goodmast3r
Member Since Aug 31, 2011
6 posts
Sep 06 2011 at 11:10
yes, but still it's still amazing. Care to share?
Losing thrise on the same condition, currency in a short time is a moron
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