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The best system I've ever seen!

Master_Kiwa
May 30 2014 at 17:06
402 ieraksti
rob559
May 30 2014 at 20:13
1916 ieraksti
VIP (makeitrain)
May 30 2014 at 21:42
212 ieraksti
hmm interesting

Bob LLewellyn (ForexAssistant)
May 31 2014 at 07:05
465 ieraksti
Blocks his trades, blocks his history, how can anyone asses the risk involved. Not for me.

Bob

where research touches lives.
Gary Sharp myfxpt com
myfxpt
Jun 17 2014 at 08:15
345 ieraksti
Drawdown of 60.11% pretty much tells me all I need to know! 😎

Bob LLewellyn (ForexAssistant)
Jun 17 2014 at 15:21
465 ieraksti
Gary, what if a system is designed to use more draw? The draw really only tells you how efficient you are working. If you never get higher than 10% draw, that means that the other 90% of your money isn't doing anything for you. Plus, depending on the system, it could do well staying around 10% draw, then fail completely within a couple of days. Draw down should be treated like an indicator, sometimes they're wrong so we can't put too much faith in it. However, the system in question is so week in so many areas, I'm with you, it tells me all I need to know too.

Bob

where research touches lives.
Adrian Matusiak (adrian8891)
Jun 17 2014 at 20:04
696 ieraksti
myfxpt posted:
Drawdown of 60.11% pretty much tells me all I need to know! 😎


Even 66,67%

Indeed, Much of profit lost . Seems like margin call was around the corner.

PAMM MANAGER // Professional Fund Manager
VIP (makeitrain)
Jun 17 2014 at 20:46
212 ieraksti
over $30k loss, danggg

Gary Sharp myfxpt com
myfxpt
Jun 17 2014 at 23:07
345 ieraksti
ForexAssistant posted:
Gary, what if a system is designed to use more draw? The draw really only tells you how efficient you are working. If you never get higher than 10% draw, that means that the other 90% of your money isn't doing anything for you. Plus, depending on the system, it could do well staying around 10% draw, then fail completely within a couple of days. Draw down should be treated like an indicator, sometimes they're wrong so we can't put too much faith in it. However, the system in question is so week in so many areas, I'm with you, it tells me all I need to know too.

Bob


That's one way of looking at it, Bob. What if I have multiple open positions, most of which are at profit lock where SL is beyond breakeven? I might only show 10% drawdown, and yet 90% of my funds are utilised. There's always more to it than meets the eye, I agree, but high drawdown is dangerous. Cheers, Gary.

growthera
Jun 18 2014 at 06:39
86 ieraksti
well, with history blocked there really is no time to waiste on this...
On the little data that is available, I also don't like that avg win is smaller than avg loss, but that's my personal preference on trading systems. I know people trade successfully without that.

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