Show your profitable account here.

patrickx posted:
Btw. it's kind of strange as I see diff numbers than you have on your printscreen - I see 37% monthly avg vs. 35% DD...
can anybody else confirm what numbers he gets?
thanks
Mick

FxMasterGuru posted:

patrickx posted:
https://www.myfxbook.com/members/patrickx/micks-trading--icmarkets-/1513366

@patrickx

Why not showing the account's ENTIRE trade history...?

Maybe because the Max. DD is more than 3x higher then the Average Monthly Profit...?

Isn't any other way to make this ratio looking better than limiting viewable trade history...?

@patrickx

You are right Patrick: 37% Monthly Profit with -35% max. DD... So it is not that bad, after all. I apologize.

But yeah, I would hide the -35% DD... Why...?

Because I would not invest $500k in a strategy with -35%, i.e. -$175,000 potential drawdown... Would you...?

Why did I mention $500k investment? Because with $500k and 37% monthly gain I could profit about $185k per year and after paying income taxes, I would have left with about $120k net profit per year, i.e. $10k a month. It would not make me ''rich'', but it would give me a decent standard of living in the western world.

In summary: I would have to watch my equity to drop by -175k to profit 10k/month... Well, it is not for me... A -$175k equity drop would be simply too steep for me - and bad for my sleep and health - for a $10k monthly profit.

Not to mention that if I were just an investor, I would be charged with pre-tax ''management fee'', so that $10k per month is probably just $6k/month for an investor client.

So what be a proposal for an investor client: ''You could expect net $6k per month if you were willing to watch your $500,000 invested equity to drop by -$175,000 without any guarantee of recovery.'' Right...?

P.S. As the below screenshot shows you have withdrawn your deposit completely - i.e. now you are playing 'risk-free' with the casino's chips - which shows that you have the same level of confidence in your strategy as I would have.

Guru,
Please read your sentence again and check the Math here:-)

In your example of 500k, I'm not sure where did you get 10k monthly? If my growth is 37% and max DD 35%, ratio is around 1:1. That means 185k MONTHLY profit with potential 170k risk, i.e. you need one month to COVER your max. DD if that happens. Sounds correct?

Obviously, adjusting your risk is possible so you can set 5% growth with 5% max. DD, whatever is comfortable for you. Risk is very individual thing and you're right that risking 30% of 1k is different thing than 30% DD of 500k.

FxMasterGuru posted:
Because with $500k and 37% monthly gain I could profit about $185k per year and after paying income taxes, I would have left with about $120k net profit per year, i.e. $10k a month. It would not make me ''rich'', but it would give me a decent standard of living in the western world. In summary: I would have to watch my equity to drop by -175k to profit 10k/month... Well, it is not for me..

https://www.myfxbook.com/members/doniperry/lionbrookefx/1772633

Trading for a while....but added $1K to this account on 9/1/2016

Good luck trading everyone.

patrickx posted:
Guru,
Please read your sentence again and check the Math here:-)

In your example of 500k, I'm not sure where did you get 10k monthly? If my growth is 37% and max DD 35%, ratio is around 1:1. That means 185k MONTHLY profit with potential 170k risk, i.e. you need one month to COVER your max. DD if that happens. Sounds correct?

Obviously, adjusting your risk is possible so you can set 5% growth with 5% max. DD, whatever is comfortable for you. Risk is very individual thing and you're right that risking 30% of 1k is different thing than 30% DD of 500k.

FxMasterGuru posted:
Because with $500k and 37% monthly gain I could profit about $185k per year and after paying income taxes, I would have left with about $120k net profit per year, i.e. $10k a month. It would not make me ''rich'', but it would give me a decent standard of living in the western world. In summary: I would have to watch my equity to drop by -175k to profit 10k/month... Well, it is not for me..

@patrickx

Yes, you are right, my math was off. So I just wonder why haven't you invested more in the strategy instead of withdrawing your deposit?

testing more accounts / brokers / settings, overall more than 5k invested now on this strategy... but you're right, will add more funds in this 'display acc' soon...

FxMasterGuru posted:
@patrickx

Yes, you are right, my math was off. So I just wonder why haven't you invested more in the strategy instead of withdrawing your deposit?

patrickx posted:
testing more accounts / brokers / settings, overall more than 5k invested now on this strategy... but you're right, will add more funds in this 'display acc' soon...

FxMasterGuru posted:
@patrickx

Yes, you are right, my math was off. So I just wonder why haven't you invested more in the strategy instead of withdrawing your deposit?

@patrickx

Finally, just a friendly advice. Should you decide to look after serious investors, start a showcase reference account with the largest deposit you can afford at a highly reputable broker, on which account the DD stays belows -10% (without using Custom Dates).

Looking for Good Safe Manager with 6 Month Real History . PM me please ... 25k available

https://www.myfxbook.com/members/Yurkov/yd-stability/1373741
https://www.myfxbook.com/members/Yurkov/mt4-3117559/1601487

https://www.myfxbook.com/members/Nemefis/apnemefis/1719770

- No grid, No martingale
- No hedging
- Use SL
- Use Money Management
- DD no more than 15%

Trade more 6 Months,500 trades.

https://www.myfxbook.com/members/nonameb3/real-tickmill/1617817

The test of the trading system from 1999. Real trading for over a year.


https://www.myfxbook.com/members/Yurkov/yd-stability/1373741

Two years of stable profit:

https://www.myfxbook.com/members/crux/bl-1/1096711
https://www.signalstart.com/analysis/good-profit-low-dd/1553

Monitoring account using EA WD Gannn 😀
https://www.myfxbook.com/members/ArtomoroTrader/wd-gannn/1846938

crux posted:
Two years of stable profit:

https://www.myfxbook.com/members/crux/bl-1/1096711
https://www.signalstart.com/analysis/good-profit-low-dd/1553

Drawdown not good. Looks like martingaile

Yurkov posted:
The test of the trading system from 1999. Real trading for over a year.


https://www.myfxbook.com/members/Yurkov/yd-stability/1373741

Drawdown also bigger that total profit

fully automated trading robot
https://www.myfxbook.com/members/lazellnet/ambaru-ea-tvm/1779516

IvestINC posted:

Yurkov posted:
The test of the trading system from 1999. Real trading for over a year.


https://www.myfxbook.com/members/Yurkov/yd-stability/1373741

Drawdown also bigger that total profit

I agree with you!
But the system uses an author's averaging method. Drawdown is inevitable here. But it is minimized as much as possible

Best Forex Signl
 https://www.myfxbook.com/members/GLIFX/pafxsignal/1814562

700% gin in 2 month....

GLIFX posted:
Best Forex Signl
 https://www.myfxbook.com/members/GLIFX/pafxsignal/1814562

700% gin in 2 month....

Abs. Gain:+26.54%
Drawdown: 27.45%