Agree, and I would go even further: It is BETTER than ''good''.
The statistical parameters are excellent in all regards. One of the best strategies on MyFxBook.
Yes, the account looks very good but there are some big issues which will get even bigger in time. The main problem I have is that there are no stop losses. This can be very damaging, especially because the account looks to be traded manually. The leverage used is also pretty significant and can cause a large DD very quickly. I also dont like the volatility in monthly profits. There have been months with 80% and two times 40%, on the other hand you have months with only 2%. The DD will definitely get larger at some point and will exceed the avg monthly profit.
But all in all, it is definitely one of the best accounts on myfxbook. But because of the above mentioned things, I would like to see what happens when real adversity occurs. How will he handle the floating DD? How will he handle the losses when they happen?
It is also a cent account and as we all know trading larger amounts is very different mentally than trading peanut money. Lets see what happens...
Good points. I guess, only the future will reveal the answers to your questions.
I would add that the January-February period shows that the trader DOES take SMALL LOSSES when the situation warrants and does not let floating DDs to accumulate, so I would argue with the ''the DD will definitely get larger'' statement.
The acceptance of small losses shows good risk management supported by the fact that the ''Average Win'' is 125 pips while the ''Average Loss'' is only 50 pips with a 1:1 ''Win : Loss'' Ratio. Pretty good ratios in my humble opinion...
고위험 경고: 외환 거래는 모든 투자자에게 적합하지 않을 수 있는 높은 수준의 위험을 수반합니다.
레버리지는 추가적인 위험 및 손실 노출을 만듭니다. 외환 거래를 결정하기 전에 투자 목표, 경험 수준 및 위험 허용 오차를 신중하게 고려하십시오.
초기 투자의 일부 또는 전부를 잃을 수 있습니다. 잃을 여유가 없는 돈을 투자하지 마십시오. 외환 거래와 관련된 위험에 대해 스스로 교육하고 궁금한 점이 있으면 독립 금융 또는 세무사에게 조언을 구하십시오.
모든 데이터 및 정보는 정보 제공 목적으로만 있는 그대로 제공되며 거래 목적이나 조언을 위한 것이 아닙니다.
과거의 성과는 미래의 결과를 나타내는 것이 아닙니다.