pipsquick1957 trader's profile
pipsquick1957
Info
| Name | pipsquick1957 |
Bio:
Not specified
Trading style:
Not specified
Motto:
Not specified
| Experience | More than 5 years |
| Location |
| Vouchers | 2 |
| Registered | Nov 15, 2010 at 21:47 |
| Blocked users | 0 |
Recent pipsquick1957's Activities
Chart
Systems by pipsquick1957
| Name | Gain | Drawdown | Pips | Trading | Leverage | Type |
|---|---|---|---|---|---|---|
| Mt4-2089327419 | 139.88% | 15.44% | -385.7 | Automated | 1:400 | Demo |
| Contest - pipsquick1957 | 0.00% | 0.00% | 0.0 | - | 1:100 | Demo |
in SKRUDG
Mar 27 at 19:29
in XAUUSD Booster
Mar 25 at 13:19
in PROFITS/GREENPIPS
Mar 24 at 12:40
in PROFITS/GREENPIPS
Mar 24 at 12:02
steinitz
Dec 04, 2011 at 02:50
So let me get this straight. You want me to guarantee that my robot makes money for a certain given period like 60 days. And let's say my robot doesn't do it in those 60 days. Does that mean my robot is no good or does it mean the market wasn't favorable for my robot?
Now let's say the next guy comes around purchases the robot with a guarantee and during his 60 days the robot made more than normal. He's a happy camper. So looking at the entire year you could have periods of time the robot doesn't make money, higher than normal expectation or about average. So it all depends on when you come in to the equation.
That's why I don't give a guarantee. You have to look at the long run and that's why I run multiple years back testing and in some cases multiple years forward trading. If more people understood this you would never ask for a guarantee because you would be a smart informed trader that understood statistics. You would simply look at multiple years of back testing and forward trading and purchase it assuming the software was profitable like ours is.
Now let's say the next guy comes around purchases the robot with a guarantee and during his 60 days the robot made more than normal. He's a happy camper. So looking at the entire year you could have periods of time the robot doesn't make money, higher than normal expectation or about average. So it all depends on when you come in to the equation.
That's why I don't give a guarantee. You have to look at the long run and that's why I run multiple years back testing and in some cases multiple years forward trading. If more people understood this you would never ask for a guarantee because you would be a smart informed trader that understood statistics. You would simply look at multiple years of back testing and forward trading and purchase it assuming the software was profitable like ours is.
