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Členem od May 04, 2012
1608 příspěvků
Nov 30, 2016 at 08:02
Členem od May 04, 2012
1608 příspěvků
z4ns posted:jdsjioj posted:
@Lteep1
I always look at the ratio between average monthly profit and max DD. For me the ratio has to be at least 1:1 otherwise I dont even look at the account. Accounts with the ratio of 2:1 or higher are rare, but can be found from time to time.
@jdsjioj
Do you have examples of myfxbook link where the ratio is 1:1 or 2:1 with a long account history?
Thanks.
I would be curious to see one, too...
(Of course, on a VERIFIED LIVE ACCOUNT running at a reputable ASIC/FCA regulated broker. No shady ''off-shore'' broker accounts. Please...)
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Členem od Dec 20, 2014
45 příspěvků
Nov 30, 2016 at 15:44
Členem od Dec 20, 2014
45 příspěvků
Another decent month, hoping to improve in the coming months
https://www.myfxbook.com/members/Kingace/successfx/1853068
https://www.myfxbook.com/members/Kingace/successfx/1853068
Proverbs 22 vs 29
forex_trader_110562
Členem od Feb 04, 2013
110 příspěvků
Nov 30, 2016 at 16:21
Členem od Feb 04, 2013
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Členem od Oct 13, 2016
7 příspěvků
Dec 01, 2016 at 07:22
Členem od Oct 13, 2016
7 příspěvků
Členem od Apr 10, 2015
7 příspěvků
Dec 01, 2016 at 07:33
Členem od Apr 10, 2015
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Členem od Oct 29, 2016
1 příspěvků
Dec 01, 2016 at 08:04
Členem od Oct 29, 2016
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Členem od Oct 28, 2016
48 příspěvků
Dec 01, 2016 at 08:11
Členem od Oct 28, 2016
48 příspěvků
Hi all,
New month,new profit..... Look all my accounts.
https://www.myfxbook.com/members/ProfitTraderpro/profit-traderpepperstone/1840174
No more tading this week,see you all on monday.
greets
Profit Trader Pro
New month,new profit..... Look all my accounts.
https://www.myfxbook.com/members/ProfitTraderpro/profit-traderpepperstone/1840174
No more tading this week,see you all on monday.
greets
Profit Trader Pro
Členem od May 04, 2012
1608 příspěvků
Dec 01, 2016 at 08:20
Členem od May 04, 2012
1608 příspěvků
Nemefis posted:
Our account:
https://www.myfxbook.com/members/Nemefis/apnemefis/1719770
@Nemefis
$57.97 profit over almost 5 months and with 4% average profit per month...
Why keeping the lot sizes so low...? It is too risky otherwise?
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členem od May 04, 2012
1608 příspěvků
Dec 01, 2016 at 08:21
Členem od May 04, 2012
1608 příspěvků
patrascum16 posted:
https://www.myfxbook.com/members/patrascum16/cyborg2/1841122
Trading in range constanly managed EA.
Rule #3: 'DD must not be higher than 40% - (please. Once again. No justification for your above 40% dd, if it is higher - don't participate)'
Please read Opening Post!
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Členem od Feb 22, 2011
4862 příspěvků
Dec 01, 2016 at 08:24
Členem od Feb 22, 2011
4862 příspěvků
FxMasterGuru posted:Nemefis posted:
Our account:
https://www.myfxbook.com/members/Nemefis/apnemefis/1719770
@Nemefis
$57.97 profit over almost 5 months and with 4% average profit per month...
Why keeping the lot sizes so low...? It is too risky otherwise?
It is strange
profit $57.97 on 3940.55 balance is just 1.5% not 20
Členem od Jan 07, 2016
86 příspěvků
Dec 01, 2016 at 09:49
Členem od Jan 07, 2016
86 příspěvků
I guess you mean the diff between Gain and Abs Gain.... unlike Gain = Time-Weighted return (per one invested dollar), Abs Gain is distorted by new deposits and shouldn't be used for measuring the performance...
togr posted:FxMasterGuru posted:Nemefis posted:
Our account:
https://www.myfxbook.com/members/Nemefis/apnemefis/1719770
@Nemefis
$57.97 profit over almost 5 months and with 4% average profit per month...
Why keeping the lot sizes so low...? It is too risky otherwise?
It is strange
profit $57.97 on 3940.55 balance is just 1.5% not 20
My offers: FXCM $4.99/RT, Pepperstone Razor AUD$6/RT, VantageFX $4.30/RT, ICMarkets AUD$5.50/RT - no mark-up spread or slippage!
Členem od May 20, 2012
135 příspěvků
Dec 01, 2016 at 10:57
Členem od May 20, 2012
135 příspěvků
togr posted:hahahahaa,... yes... 😁FxMasterGuru posted:Nemefis posted:
Our account:
https://www.myfxbook.com/members/Nemefis/apnemefis/1719770
@Nemefis
$57.97 profit over almost 5 months and with 4% average profit per month...
Why keeping the lot sizes so low...? It is too risky otherwise?
It is strange
profit $57.97 on 3940.55 balance is just 1.5% not 20
Trading For Living
Členem od Apr 10, 2015
7 příspěvků
Dec 01, 2016 at 11:00
Členem od Apr 10, 2015
7 příspěvků
Its because the starting balance was 500$. After that in October, we added about 3500$ and had some loosing trades in November. Thats why the profit absolute profit is shown as 1.5%. Correct gain is 21.23%.
Členem od Feb 22, 2011
4862 příspěvků
Dec 01, 2016 at 11:06
Členem od Feb 22, 2011
4862 příspěvků
patrickx posted:
I guess you mean the diff between Gain and Abs Gain.... unlike Gain = Time-Weighted return (per one invested dollar), Abs Gain is distorted by new deposits and shouldn't be used for measuring the performance...togr posted:FxMasterGuru posted:Nemefis posted:
Our account:
https://www.myfxbook.com/members/Nemefis/apnemefis/1719770
@Nemefis
$57.97 profit over almost 5 months and with 4% average profit per month...
Why keeping the lot sizes so low...? It is too risky otherwise?
It is strange
profit $57.97 on 3940.55 balance is just 1.5% not 20
My point was more like that deposit did probably not happen at the beginning but at later stage
Členem od May 04, 2012
1608 příspěvků
Dec 01, 2016 at 15:59
Členem od May 04, 2012
1608 příspěvků
Nemefis posted:
Its because the starting balance was 500$. After that in October, we added about 3500$ and had some loosing trades in November. Thats why the profit absolute profit is shown as 1.5%. Correct gain is 21.23%.
@Nemefis
What really counts is the Average Monthly Profit : Max. Drawdown Ratio. It is the modified CALMAR RATIO.
If this ratio is above 1:1 the strategy qualifies for 'very good' in my books. Anything above 2:1 ratio is 'excellent' and strategies with ratios above 3:1 deserve to be called 'miracles'.
So your startegy is 'very good' based on this ratio (1.3 : 1 to be exact). My question: why keeping the lot sizes (and the absolute profits) so small with such a 'very good' strategy...?
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Členem od Jan 07, 2016
86 příspěvků
Dec 01, 2016 at 19:13
Členem od Jan 07, 2016
86 příspěvků
Agree with this. For me personally, all other stats are irrelevant...
FxMasterGuru posted:
What really counts is the Average Monthly Profit : Max. Drawdown Ratio.
My offers: FXCM $4.99/RT, Pepperstone Razor AUD$6/RT, VantageFX $4.30/RT, ICMarkets AUD$5.50/RT - no mark-up spread or slippage!
Členem od Dec 04, 2010
1557 příspěvků
Dec 02, 2016 at 08:49
Členem od Dec 04, 2010
1557 příspěvků
FxMasterGuru posted:Nemefis posted:
Its because the starting balance was 500$. After that in October, we added about 3500$ and had some loosing trades in November. Thats why the profit absolute profit is shown as 1.5%. Correct gain is 21.23%.
@Nemefis
What really counts is the Average Monthly Profit : Max. Drawdown Ratio. It is the modified CALMAR RATIO.
If this ratio is above 1:1 the strategy qualifies for 'very good' in my books. Anything above 2:1 ratio is 'excellent' and strategies with ratios above 3:1 deserve to be called 'miracles'.
So your startegy is 'very good' based on this ratio (1.3 : 1 to be exact). My question: why keeping the lot sizes (and the absolute profits) so small with such a 'very good' strategy...?
You have the same thinking as me, I also like systems that have an average monthly profit equal to or higher than the maximum drawdown. These systems are very rare, I have started a new thread to uncover these systems. Everyone is welcome to post other systems they come across that meet these very stric criteria. Hopefully this thread won't have many posts but the systems will be great ones. Here's the link for this new thread https://www.myfxbook.com/community/general/profitable-systems-monthly-return-higher/1323134,1
Členem od Jan 07, 2016
86 příspěvků
Dec 02, 2016 at 10:22
Členem od Jan 07, 2016
86 příspěvků
Great idea, I'll join you there:-)
aeronthomas posted:
You have the same thinking as me, I also like systems that have an average monthly profit equal to or higher than the maximum drawdown.
My offers: FXCM $4.99/RT, Pepperstone Razor AUD$6/RT, VantageFX $4.30/RT, ICMarkets AUD$5.50/RT - no mark-up spread or slippage!
Členem od Dec 20, 2014
45 příspěvků
Dec 04, 2016 at 07:52
Členem od Dec 20, 2014
45 příspěvků
@FxMasterGuru
Please can you help me analyse my account and strategy? how am i fairing? how would you qualify my strategy? what is my monthly ratio? is it 1> 1 or 2 t> 1?
I hope to be a better trader so any criticisms are welcome
Please can you help me analyse my account and strategy? how am i fairing? how would you qualify my strategy? what is my monthly ratio? is it 1> 1 or 2 t> 1?
I hope to be a better trader so any criticisms are welcome
Proverbs 22 vs 29
Členem od Dec 20, 2014
45 příspěvků
Dec 04, 2016 at 07:53
Členem od Dec 20, 2014
45 příspěvků
Proverbs 22 vs 29
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