Do you think 1000% a year is sufficient ? What is your performance ?

Working hard about the last version ( v1.37 ) of my bot Spoutnik Tendancy.
May be 10000% yearly regularly in the air here. 😲

I am over 700%+ a year, and I thought this was a LOT already.....
perhaps 1000+ or even 10000% only possible with 1) demo accounts or 2) only works the first year, second year all gone? lol

just a test with Spoutnik Tendancy v1.39 !
This EA can crash sometime, no problem... 😀

Spoutnik Tendancy v1.39 optimized with soft settings, EUR/USD.

8 years and half backtested since 2007 to august 2014 :

Investment only $1000 wins more than $188 000
Profit +18 000% with exponentiel volumes.
Maximum drawdown 26%
... so I consider my EA optimized with soft settings for EUR/USD ...

Spoutnik Tendancy v1.40
Proud and happy to increase my bot with this new version.
Invest $10 000
Profits $16 000 000

https://www.myfxbook.com/strategies/spoutnik-tendancy-v140-profit-/69763

Spoutnik Tendancy v1.40 - EUR/USD



https://www.myfxbook.com/strategies/spoutnik-tendancy-v140-profit-/69763

could you please stop posting this sputnik stuff constantly and perhaps make a new post regarding only sputnik somewhere else on myfxbook? thank you and good luck with your ea.

Thank you Hans but you are out of the subject...
Can you be more positif in your post Hans and don't forget this post is about to win at least 1000% yearly ?
I don't speak about nothing else in this post about how to win at least 1000% yearly.
Don't be jalous please and learn a little about what I am trying to do here.
Can you show us someyhing usefull please ?
Anyway, I will continue to post here if I can increase Spoutnik Tendancy v1.40 but I think it's enough and I found what I was looking for since several years.
so, good luck to you and to all, bye.

hansbowles posted:
could you please stop posting this sputnik stuff constantly and perhaps make a new post regarding only sputnik somewhere else on myfxbook? thank you and good luck with your ea.

+1

hansbowles posted:
I am over 700%+ a year, and I thought this was a LOT already.....
perhaps 1000+ or even 10000% only possible with 1) demo accounts or 2) only works the first year, second year all gone? lol

  What does it matter if it works the first year? You would be braindead to make 1000% profit in one year and not withdraw it all .

everyone has different reasons for trading chollipop, mine is to get another 1000%. besides why withdraw it ALL? small part or original deposit is more than enough. you do not know what you are talking about. you must be one of those people who see trading forex as gambling.

hansbowles posted:
everyone has different reasons for trading chollipop, mine is to get another 1000%. besides why withdraw it ALL? small part or original deposit is more than enough. you do not know what you are talking about. you must be one of those people who see trading forex as gambling.

 It would be appear that you have done nothing else then contradict yourself. Your very first sentence describes that trading is objective. So if that is the case, why would you ask me why would I withdraw all the profits? Your opinion of a small part or original is simply your bias opinion on what my money management should be. Yet, to claim I don't know what I am talking about because our money management isn't the same seems to be a rather stand offish comment.

  For the record, the word GAMBLE is defined by taking ANY sort of wager against something which you do not know for certain the outcome with. That word is used very lossly, merely because people tend to repeat what others type, and don't take the time to think for themselves. None the less.... Have a look at your trading. Your results are impressive, but after starting out fast, you have slowed down a lot. Your money management is very strick (which is good), and you simply have made money, without increasing your lot sizes. So why not withdraw those funds (your profit) and do something else with it?

Hi guys,
my opinion is this, going for 1000% a year is 'Sputnic Crazyness' :) Why not go for 50% and over which is a great return. It's so much safer in the long run and you can sleep good at night too, not worrying if the account is still there when you wake up in the morning.

kricka posted:
Hi guys,
my opinion is this, going for 1000% a year is 'Sputnic Crazyness' :) Why not go for 50% and over which is a great return. It's so much safer in the long run and you can sleep good at night too, not worrying if the account is still there when you wake up in the morning.

 Why do you say that 50% is safer in the long run? First of all LONG TERM ANYTHING is a pipe dream. Currencies can change it´s overall trend at the drop of the time, and by the time you starting going with the new trend you will easily be in red 150 to 200 pips. Have a look at all the traders which EU has knocked out of the market over the last 4 months.
 People kept calling for long term correction to the upside, but even the strictest money management could not stop the EUR machine. Some traders have the ability of not owning aiming for 1000%, but actually obtaining it. Hopefully they withdraw all of the earnings and play with the orginal investment. That is the only way to earn money LONG TERM IN FOREX.

There is several reason I say 50% a year should be the goal and not 1000%. By going for 1000% you have to take enormous risks in getting there. Its also emotional unsound to put that kind of pressure on ones trading. I'm not saying that 1000% is impossible to reach, all I'm saying is that it's better to set the bars lower and that anything above 50% is very good. If you have that approach I think you have a better chance of reaching a very high return. It has a lot to do with the psychology of trading.

kricka posted:
There is several reason I say 50% a year should be the goal and not 1000%. By going for 1000% you have to take enormous risks in getting there. Its also emotional unsound to put that kind of pressure on ones trading. I'm not saying that 1000% is impossible to reach, all I'm saying is that it's better to set the bars lower and that anything above 50% is very good. If you have that approach I think you have a better chance of reaching a very high return. It has a lot to do with the psychology of trading.

Although psychology does play a major rule in our decisions trading forex. The reality is your expecation of earning 50% or 1000% in any given point won´t or shouldnt effect the trade which you open. No one opens a trade hoping to hold it long enough to reach his or her target. Well anyway expections is simply hype. Focus on other important factors and your goals can be obtained. Do you think that people who earn 900% set out to do so? I would think they set out to make as many good trades as possible to earn profit.

Hi Cholipop,
A lot of EA's are programmed for taking high risks in the hopes they will reap rewards quickly. Of course sometimes it works and suddenly they have their 1000% profit. Then they go for even higher profit and let the EA run. Because of the risk ratio being so high draw downs will come and they can easily lose the account if they do not lock in the profit. I am for protecting the trading account at all costs so there has to be some kind of account protection not letting the draw downs take control of the account. By having a low expectation instead of a high one you can control both the draw downs and the balance growth. I posted a thread about this what in my opinion one should consider when trading.

https://www.myfxbook.com/community/general/rmm-strategy--risk-/825350,1

kricka posted:
Hi Cholipop,
A lot of EA's are programmed for taking high risks in the hopes they will reap rewards quickly. Of course sometimes it works and suddenly they have their 1000% profit. Then they go for even higher profit and let the EA run. Because of the risk ratio being so high draw downs will come and they can easily lose the account if they do not lock in the profit. I am for protecting the trading account at all costs so there has to be some kind of account protection not letting the draw downs take control of the account. By having a low expectation instead of a high one you can control both the draw downs and the balance growth. I posted a thread about this what in my opinion one should consider when trading.

https://www.myfxbook.com/community/general/rmm-strategy--risk-/825350,1

 Interesting post. Although expection will reduce/increase your drawdown, the reality is drawdown % is by far an over rated stat. As the amount of pips you give to the market is what actually determines your drawdown %. Of course the value of each pip gainned or lost, but the reality is most people don´t over leverage, but uinder leveraging creates much more bias, then those who over leverage.
 The decline of the EUR over the last 4 months support the aforementioned paragraph. People think because they are using SMALL lots that they can out last the sell off we see. Although they are mostly correct, the reality is moves like these which happen about once a year is what kills the profit of investors who use small leverage and equity!
  I for one with the 4 accounts I am currently managing with over 130,000 usd in free margin isn´t going to be used to try to turn 900% profit. Instead using the range of .01 to 60 lots which I can use to my advantage due to the formations which I trade. Basically I never try to predict the support or resistance of a currency which has clearly broken out on the smaller tf.
  Most people try to do that and are successful most of the times, but when they fail their trade quickly turns into negative 200 pips and then a margin call as the person becomes bias to the first order placed. Have a look at the following picture of one of the accounts of a member of this website.