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Show your profitable account here.

REALISTIC
Apr 26 2018 at 12:59
posts 8
AmDiab posted:
TraderJP posted:

My profitable account in Pepperstone https://www.myfxbook.com/members/TraderJP/traderjp/2377814 more info. inbox
No doubt, it’s a profitable journal, but I think you should more concern about your consistency.



nice system but try to be transparent about all detail.
Great

PLAN YOUR TRADE AND TRADE YOUR PLAN
fxinvesta
Apr 26 2018 at 16:44
posts 107
soulmysoul posted:
fxinvesta posted:
BluePanther posted:
fxinvesta posted:

PD: My English is not great, I am a trader, I apologize, but I strongly trust that someone with your intellectual capacity can understand my idea, although grammatically has 'limitations' hopefully, I could express myself in my language, I give my best effort to communicate with you, you just put your part nen understand my idea, not my epistolary elegance


Okay, no need to keep reposting your Profile image. Now you really are rubbing your success in my face - that is arrogant.

Yes, good English is not a prerequisite for good trading. Understood.

I'm not jealous. Images are unavoidable, but reposting serves no benefit. I just want to preserve the readability of this thread.

Thank you, move on. Please.

I never published an image, you published images ... Once again I insist, I am a trader not a psychiatrist, I was interested only to know why if someone is only going to put into play 15%, leave 85% of money withheld In a broker, for the broker to have it and generate profits for his benefit, please let's talk about trading, not about personal frustrations ... And calm, I read this thread, because automatically registered, I immediately unsubscribe, and I leave you the forum, I apologize is that sometimes, when I read a stupid, I fall into the temptation to question, I will not do it again , regards


Well you got the whole thing wrong..with a low DD i can always sleep peacefully as compared to lets say 30% or more. Everytime you enter a trade there is always a risk.

' I was interested only to know why if someone is only going to put into play 15%, leave 85% of money withheld In a broker, for the broker to have it and generate profits for his benefit,'
This is the funniest thing i ever read. It means you trade the whole 100% account whenever you enter a trade?

Everyone has a different style. I am here for long term, not to trade for a couple of months and poof vanish. I wish you best of luck.


Yes, I agree, I always understand everything wrong, but ... it works for me.
Only some points:
1) I trade for money not to sleep in peace
2) The DD is in a single trade or do you have several signals at the same time?
3) The DD is on the money deposited, was the account ever negative?
4) If you lose 5% in 5 operations, your account lost 25% of money, but your DD is 5% and your sleeping happy ...
5) and most importantly, I open an operation with motives, and I only close it if those reasons no longer hold.
But you already know, I understand everything wrong, but once again, it works for me

Risk comes from not knowing what you're doing.
mrtodd
Apr 26 2018 at 22:47
posts 121
This is an experimental account. DD is high but I'm going for % gain.

https://www.myfxbook.com/members/mrtodd/rocketman/2508264

You've gotta be in it to win it.
mrtodd
Apr 26 2018 at 22:54
posts 121
^ Apparently it's still processing my account so it can be verified and shared. I'll update as soon as that is done.

You've gotta be in it to win it.
NamasInv
MM777
Apr 27 2018 at 07:46
posts 39
My account is Fully verified account, No Martingale, Grid, Scalping
https://www.myfxbook.com/members/MM777/namas-fund/2430496

Loic Hellard
challenger
Apr 27 2018 at 07:49
posts 129
chesterjohn
Apr 27 2018 at 07:49
posts 16
togr posted:
chesterjohn posted:
Can somebody just clarify something for me, please? Are drawdowns the amount of equity you currently have invested, or the amount you would lose if you closed your trades right now?

I thought it was the latter, in which case 30% dd means you are 30% in a hole. Seems a large pecentage of your account to be at risk at any one point in time. Either lots of trades that have gone the wrong way, or one trade that you're hoping will change direction but haven't limited the risk to be small. Either way seems bad to me.

If you take a trade and it goes down a lot, surely it's better to cut your losses and wait for a good signal that it will reverse rather than hanging on to it and hoping that it will do before your account goes pop?


DD is actual loss of your open positions.
Measured in percentage of loss vs. balance.
So if you have 10,000 account and your open trades profit is -5,000 you are facing 50% DD.



Thanks, that's what I understood. So 30% dd seems scary and not normal

soulmysoul
Apr 27 2018 at 07:59
posts 31
fxinvesta posted:
soulmysoul posted:
fxinvesta posted:
BluePanther posted:
fxinvesta posted:

PD: My English is not great, I am a trader, I apologize, but I strongly trust that someone with your intellectual capacity can understand my idea, although grammatically has 'limitations' hopefully, I could express myself in my language, I give my best effort to communicate with you, you just put your part nen understand my idea, not my epistolary elegance


Okay, no need to keep reposting your Profile image. Now you really are rubbing your success in my face - that is arrogant.

Yes, good English is not a prerequisite for good trading. Understood.

I'm not jealous. Images are unavoidable, but reposting serves no benefit. I just want to preserve the readability of this thread.

Thank you, move on. Please.

I never published an image, you published images ... Once again I insist, I am a trader not a psychiatrist, I was interested only to know why if someone is only going to put into play 15%, leave 85% of money withheld In a broker, for the broker to have it and generate profits for his benefit, please let's talk about trading, not about personal frustrations ... And calm, I read this thread, because automatically registered, I immediately unsubscribe, and I leave you the forum, I apologize is that sometimes, when I read a stupid, I fall into the temptation to question, I will not do it again , regards


Well you got the whole thing wrong..with a low DD i can always sleep peacefully as compared to lets say 30% or more. Everytime you enter a trade there is always a risk.

' I was interested only to know why if someone is only going to put into play 15%, leave 85% of money withheld In a broker, for the broker to have it and generate profits for his benefit,'
This is the funniest thing i ever read. It means you trade the whole 100% account whenever you enter a trade?

Everyone has a different style. I am here for long term, not to trade for a couple of months and poof vanish. I wish you best of luck.


Yes, I agree, I always understand everything wrong, but ... it works for me.
Only some points:
1) I trade for money not to sleep in peace
2) The DD is in a single trade or do you have several signals at the same time?
3) The DD is on the money deposited, was the account ever negative?
4) If you lose 5% in 5 operations, your account lost 25% of money, but your DD is 5% and your sleeping happy ...
5) and most importantly, I open an operation with motives, and I only close it if those reasons no longer hold.
But you already know, I understand everything wrong, but once again, it works for me


If it works for you then let it be so. Everyone is here to make money some way or the other. There are people who would like to make 100% in a day risking the whole account and there are people who are happy with 5-10% in a month, i am more the later. Everyone has choices. In the end you should be happy what you do, you are here for yourself and not for anyone. Thats enough of crap from my side, lol.

I wish you all the best with your trading, hope to see you around. Cheers!

Robert Volta (robertvolta)
Apr 27 2018 at 08:01
posts 11
sjkhaushu posted:
BluePanther posted:
sjkhaushu posted:
BluePanther posted:
robertvolta posted:
mmltd posted:
You are always in a huge drawdown...closing winners for a few pips and letting the losers run for a long time...all I see is a gambling account.


Thanks for the feedback and your opinion. The live results are almost identical to back testing and demo. A running drawdown was expected.


Good to see someone that takes 'negative' feedback and disparaging comments in a positive manner. With an attitude like yours, I'm certain you will succeed one way or another.

Each to their own strategy/system. Don't ever let the losers (trades and people) bring you down! 😎

HODL as applied to forex. Well done so far, sir! 😁



What are you talking about? It has been a year since the account started and the account hasnt made any money. In fact the equity is is at about -2%. How can you say well done if there has been no profit for a year? If you believe what you said, you have very low standards...


Your assessment of his performance is clear and true. I appreciate your perspective.

However, I support his positive attitude to criticism and his valiant efforts. Also, has he not been 'successful' in other respects? Success is not always measured in 'dollars profit' but many other metrics: 'dollars lost' for example, and consistency another.

You may consider I have low standards - perhaps low standards is what one requires to survive? You cannot always have high expectations or you will always be disappointed. I consider I have gratitude that his account has lasted as long as it has.

He is also successful in fulfilling the criteria better than many other attempts in this thread:

1) The account must be real - no demo's. (please do not argue here that it is the same as a live acc. etc - the idea is not to engage in any arguments)
2) The account must be verified (please do not come and defend your unverified-but-want-to-participate account - there will simply be no interest)
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)
4)The account must be older than 3 months, maybe this is even still too young.
5)No martingales! (it might work for you, and I do not want to engage in an argument - just please keep to yourself and don't participate)

And on those points he deserves to be congratulated don't you agree? 😉
The 'wooden spoon' for profits; gold medal for everything else. 😄


Well, he is not fulfilling the most important criteria which is profitability. If there is no profit, all other criteria fulfillments are useless. I am sure we can agree on that.

But I agree on your second point, many people only look at realized profits and forget about the DD as their expectations are too high. What good is an account thats making 20% on average per month for 5 months if the DD is 60% and account is always in danger of blowing up? Instead people should focus on ratios between avg profit and max DD.



This system will range between 15 - 30% drawdown. It will also make over 20% profit per year. Another thing to remember is that drawdowns are not realized losses, those trades are still open and recover over time. It wouldn't be accurate to count DD as loss unless you close the trades. The 20%+ profit per year is the sum of closed trades which continually produce while the drawdown unravels.

We are the music makers and we are the dreamers of dreams.
sjkhaushu
Apr 27 2018 at 08:02
posts 143
MM777 posted:
My system
https://www.myfxbook.com/members/MM777/hmy/2202660


Actual DD on this account is 33% so 100% more than Myfxbook shows. With that in mind, I predict a much higher DD in the future. I am guessing over 50% based on the trading style. I also think the avg profit will go down quite a bit once the strategy hits a bad period, it is just a matter of time before it happens.

It is also possible I am wrong but I am 99% sure that I am right. Lets see...

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