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Show your profitable account here.

kieran (snapdragon1970)
Jul 16 2017 at 22:57
posts 1945
Omegatrader posted:
https://www.myfxbook.com/members/Omegatrader/omegatrader/2152873

You doing pretty good, wouldn't take much to improve it.

"They mistook leverage with genius".
Garry (holygrail2017)
Jul 17 2017 at 06:26
posts 3
@fxtarpan
Only investor pass not set as myfxbook told all other data are real tracked.
Thx😄😄😄😄😄😄

Omegatrader
Jul 17 2017 at 06:41
posts 4
Thanks a lot for your kind words Kieran. I have a specific 2 year plan that I am willing to accomplish. I use several strategies (either short term or medium to long term) that I have backtested extensively. One might find the account to be a bit over-leveraged, and I agree with that. I have a plan and a target to meet. I am comfortable with a certain amount of risk depending on the strategy I use at that moment. One of the strategies I have backtested has a win rate of around 80%. The probability of having 3 losing trades in a row is very, very small. When using that strategy I am well aware that I can risk a bit more. There are other strategies I use that have lower win rate so I need to keep the risk lower because the probability of having several losing trades might be real. I agree with you kieran that the strategy can be improved, especially if the purpose would be to be a signal provider. Best regards and thank you once again.

kieran (snapdragon1970)
Jul 17 2017 at 10:38
posts 1945
Omegatrader posted:
Thanks a lot for your kind words Kieran. I have a specific 2 year plan that I am willing to accomplish. I use several strategies (either short term or medium to long term) that I have backtested extensively. One might find the account to be a bit over-leveraged, and I agree with that. I have a plan and a target to meet. I am comfortable with a certain amount of risk depending on the strategy I use at that moment. One of the strategies I have backtested has a win rate of around 80%. The probability of having 3 losing trades in a row is very, very small. When using that strategy I am well aware that I can risk a bit more. There are other strategies I use that have lower win rate so I need to keep the risk lower because the probability of having several losing trades might be real. I agree with you kieran that the strategy can be improved, especially if the purpose would be to be a signal provider. Best regards and thank you once again.


Leverage is like a double edged sword, as long as risk reward is kept in check it's not a problem ,win rate isn't that important as long as its over 50%, it's the size of those losing trades not the amount,good entry point so that stop loss can be minimized.
Good luck !



"They mistook leverage with genius".
vontogr (togr)
Jul 17 2017 at 13:57
posts 4862
snapdragon1970 posted:
Omegatrader posted:
https://www.myfxbook.com/members/Omegatrader/omegatrader/2152873

You doing pretty good, wouldn't take much to improve it.


It is fresh unverified account with high DD

Omegatrader
Jul 17 2017 at 13:59
posts 4
snapdragon1970 posted:


Leverage is like a double edged sword, as long as risk reward is kept in check it's not a problem ,win rate isn't that important as long as its over 50%, it's the size of those losing trades not the amount,good entry point so that stop loss can be minimized.
Good luck !



Yes, definitely!

Omegatrader
Jul 18 2017 at 06:40
posts 4
togr posted:
snapdragon1970 posted:
Omegatrader posted:
https://www.myfxbook.com/members/Omegatrader/omegatrader/2152873

You doing pretty good, wouldn't take much to improve it.


It is fresh unverified account with high DD


Spot on vontogr! Everything you said is right. Thanks for your input.

pmks2
Jul 18 2017 at 06:44
posts 7
MEquilibrium posted:
In order to earn money in financial markets, it is very important to understand who is currently making money at the market - bulls or bears ?! In trading, I use an indicator, which shows the point of equilibrium in the market. If the price falls below this equilibrium - then the situation under control by bears, and vice versa, if the price rises above the equilibrium level - the Bulls control the situation, and the Bears lose money. The main task of the trader to determine the level of equilibrium in the market and determine - who is now bearing losses - bears or bulls, and join those who earn!
Money management is an important part in the work of a trader - its main task is to minimise losses when the trader makes a mistake and maximise profits when the Trader is right.

Signal parameters:
Manual trading.
Deposit - Minimum 500 $ and above
Annual yield - 60% and more
Allowable drawdown - up to 30-40%


Leverage - 1 to 100 (A broker can reduce leverage in risky/volatile periods of time)
Stop loss-use either a stop-loss or a lock.

Communication:

MyFXBook link - https://www.myfxbook.com/members/MEquilibrium/market-equilibrium/2176844


This this system would be ideal for AutoTrade. I see you offer the signal at MQL5, but think you could get lots of subscribers at Aytotrade. However looks like you (with luck) have used Martingale principles to recover some DD.

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