This is my only system that meets the drawdown criteria. I have 2 older ones that I have been tweaking leading me to the results below but hoping to get better. (Unfortunately, a recent withdrawal won't be helping my drawdown figure, but it is what it is and still below the threshold for this thread.)
Crazy returns mean nothing. People should look at the Sharpe Ratio and the statistical representativeness on the whole. For example, a system whose return is 1000%, but is working only 2 months (Dec. 25 till Jan 5 is also considered 2 months) and made many trades, but they all are in one direction. How do you know that it's not just one trade split into many? Because if it is then all the above said return is nothing but luck.
"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected" - George Soros
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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Past performance is not indicative of future results.