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Managed Accounts
Uczestnik z May 22, 2012
104 postów
Jun 01, 2013 at 12:05
hmmmmmn i will have to wait 4 more months to convice you.
Anyways if interested look at this too
https://www.myfxbook.com/members/vijayinvites/smarttradereal/588403
initial DD was due to higher risk. Now reduced the risk by 80%
Anyways if interested look at this too
https://www.myfxbook.com/members/vijayinvites/smarttradereal/588403
initial DD was due to higher risk. Now reduced the risk by 80%
Jun 04, 2013 at 15:39
vijayinvites posted:
hmmmmmn i will have to wait 4 more months to convice you.
Anyways if interested look at this too
https://www.myfxbook.com/members/vijayinvites/smarttradereal/588403
initial DD was due to higher risk. Now reduced the risk by 80%
Nice work but lets see it in 6months time. Do not run by then and leave this account running so we can all see? You promise?
Uczestnik z Mar 24, 2010
78 postów
Jun 05, 2013 at 06:28
danielvc posted:trade4hapi posted:
http://www.myfxbook.com/members/trade4hapi/spytrader2/252792
I only wonder, why a system like yours.. that looks like interesting is with a sharpe ration value = 0.06
The sharpe ratio calculated on myfxbook is not right. The correct one is 0.54 per month and 2.15 per year.
Uczestnik z May 22, 2012
104 postów
Jun 06, 2013 at 14:56
forexedge posted:vijayinvites posted:
hmmmmmn i will have to wait 4 more months to convice you.
Anyways if interested look at this too
https://www.myfxbook.com/members/vijayinvites/smarttradereal/588403
initial DD was due to higher risk. Now reduced the risk by 80%
Nice work but lets see it in 6months time. Do not run by then and leave this account running so we can all see? You promise?
Never believe in promises in fx trading. But yup, i want to stay longer than 6 months with strategy. Already two customers joined and benefitted. Will welcome more coming days.
Jun 06, 2013 at 17:22
vijayinvites posted:forexedge posted:vijayinvites posted:
hmmmmmn i will have to wait 4 more months to convice you.
Anyways if interested look at this too
https://www.myfxbook.com/members/vijayinvites/smarttradereal/588403
initial DD was due to higher risk. Now reduced the risk by 80%
Nice work but lets see it in 6months time. Do not run by then and leave this account running so we can all see? You promise?
Never believe in promises in fx trading. But yup, i want to stay longer than 6 months with strategy. Already two customers joined and benefitted. Will welcome more coming days.
May I say, congratulations for you?
What kind of guy get happy for getting customers instead getting money to himself?
I like to trade to me, not to others...
Uczestnik z May 22, 2012
104 postów
Jun 07, 2013 at 07:39
danielvc posted:vijayinvites posted:forexedge posted:vijayinvites posted:
hmmmmmn i will have to wait 4 more months to convice you.
Anyways if interested look at this too
https://www.myfxbook.com/members/vijayinvites/smarttradereal/588403
initial DD was due to higher risk. Now reduced the risk by 80%
Nice work but lets see it in 6months time. Do not run by then and leave this account running so we can all see? You promise?
Never believe in promises in fx trading. But yup, i want to stay longer than 6 months with strategy. Already two customers joined and benefitted. Will welcome more coming days.
May I say, congratulations for you?
What kind of guy get happy for getting customers instead getting money to himself?
I like to trade to me, not to others...
When did i say i want customers but not money? and who doesnt want money? But i want it in a right way and with satisfaction. Mine is a PAMM account. I get commission when the account shows profits, i dont get sleep if i get money this money and the next month, the account blows. I dont want to lose customers money. I treat it as mine. Infact it hurts more when i make others lose money. Anyways.
Jun 07, 2013 at 09:35
vijayinvites posted:danielvc posted:vijayinvites posted:forexedge posted:vijayinvites posted:
hmmmmmn i will have to wait 4 more months to convice you.
Anyways if interested look at this too
https://www.myfxbook.com/members/vijayinvites/smarttradereal/588403
initial DD was due to higher risk. Now reduced the risk by 80%
Nice work but lets see it in 6months time. Do not run by then and leave this account running so we can all see? You promise?
Never believe in promises in fx trading. But yup, i want to stay longer than 6 months with strategy. Already two customers joined and benefitted. Will welcome more coming days.
May I say, congratulations for you?
What kind of guy get happy for getting customers instead getting money to himself?
I like to trade to me, not to others...
When did i say i want customers but not money? and who doesnt want money? But i want it in a right way and with satisfaction. Mine is a PAMM account. I get commission when the account shows profits, i dont get sleep if i get money this money and the next month, the account blows. I dont want to lose customers money. I treat it as mine. Infact it hurts more when i make others lose money. Anyways.
I find it funny on how you say you want the strategy to last longer than 6 months and never believe in promises. It is wise words for yourself. Clearly you will not last with your strategy or your trading. Will probably get busted and then collect more new money.
I have not seen many people make profit every year for a solid 5 years or more.
Uczestnik z May 17, 2012
206 postów
Jun 07, 2013 at 11:22
... probably because you are a noobeee who only arivde on the forex scene in the last 6 mnths
Wait for the trade to come to you... be patient.
Uczestnik z May 22, 2012
104 postów
Jun 07, 2013 at 11:25
hmmmmn lets see.
And its not my fault that you didnt see many ppl who lasted more than 5 years. You need to put more efforts to see :)
anyways, all of us here want to do that ONE thing, dont we? Every one of us here wants to earn consistently and for long. We strive to do that. And pls dont comment about my strategy or my character when you dont know both of us. I am not here to fight with you or criticise you. I am here to make money so is you and everyone. But i want to make the money in the right way. Thats all.
And its not my fault that you didnt see many ppl who lasted more than 5 years. You need to put more efforts to see :)
anyways, all of us here want to do that ONE thing, dont we? Every one of us here wants to earn consistently and for long. We strive to do that. And pls dont comment about my strategy or my character when you dont know both of us. I am not here to fight with you or criticise you. I am here to make money so is you and everyone. But i want to make the money in the right way. Thats all.
Jun 07, 2013 at 11:47
vijayinvites posted:
hmmmmn lets see.
And its not my fault that you didnt see many ppl who lasted more than 5 years. You need to put more efforts to see :)
anyways, all of us here want to do that ONE thing, dont we? Every one of us here wants to earn consistently and for long. We strive to do that. And pls dont comment about my strategy or my character when you dont know both of us. I am not here to fight with you or criticise you. I am here to make money so is you and everyone. But i want to make the money in the right way. Thats all.
I have seen a few that have lasted 5-10 years using the same old strategy. But you clearly have not seen any which includes yourself.
Nevertheless, I just hope you do not disappear into the black world we are living in.
Warren Buffett, if compounded has been making returns of around 20% average per year since 1976. That is something. I do not wish for any ill thinking towards you and I certainly hope you could do the same thing. But the profit % you are making right now will not last. Your losses will be probably be around the same when it kicks off in a few months.
I suggest you cut down on % risk when you receive bigger accounts.
Jun 07, 2013 at 12:08
Here's perspective how they trade big money.
http://www.barclayhedge.com/research/indices/cta/sub/cta.html
Its easy to trade little money when you can easily afford to loose all your (or others) 1K or 10K.
But when you trade millions or billions then you loose your job (and go jail) if you make mistakes.
And investors are not happy is they see open losses like -$1,597,237.13.
http://www.barclayhedge.com/research/indices/cta/sub/cta.html
Its easy to trade little money when you can easily afford to loose all your (or others) 1K or 10K.
But when you trade millions or billions then you loose your job (and go jail) if you make mistakes.
And investors are not happy is they see open losses like -$1,597,237.13.
Being Bearish or Bullish Makes No Difference
Jun 07, 2013 at 13:05
I would like to share my Zulu account statement for this week:
I trade in a demo account fora simple reason, followers with real money should never follow real accounts because they dont have any trading limitatin, while demo SPs CAN NOT open multiple trades at the same time and that is a good reason for followers to consider who they want to trust.
I've updated my strategy at april 25 and having some nice profits since that with some lows but never exceeding 15%.
I trade 5 pairs: eur/usd, gbp/usd, eur/jpy, gbp/jpy and usd/chf
I try to not rollover weekend trades.
My Zulu rank is very low because of an irresponsible trading style (my full fault) from january to may, where I was testing multiple strategys.
Due to having my account stored on Zulu vps, I cant connect myfxbook to my mt4 platform. So I only have data until the mt4 update:
http://www.myfxbook.com/members/multipair/zulunextgen/458476
(my Zulu link is on the general tab of that account)
I trade in a demo account fora simple reason, followers with real money should never follow real accounts because they dont have any trading limitatin, while demo SPs CAN NOT open multiple trades at the same time and that is a good reason for followers to consider who they want to trust.
I've updated my strategy at april 25 and having some nice profits since that with some lows but never exceeding 15%.
I trade 5 pairs: eur/usd, gbp/usd, eur/jpy, gbp/jpy and usd/chf
I try to not rollover weekend trades.
My Zulu rank is very low because of an irresponsible trading style (my full fault) from january to may, where I was testing multiple strategys.
Due to having my account stored on Zulu vps, I cant connect myfxbook to my mt4 platform. So I only have data until the mt4 update:
http://www.myfxbook.com/members/multipair/zulunextgen/458476
(my Zulu link is on the general tab of that account)
Załączniki:
Don't turn difficult something that is easy!
Uczestnik z May 22, 2012
104 postów
Jun 08, 2013 at 07:55
forexedge posted:vijayinvites posted:
hmmmmn lets see.
And its not my fault that you didnt see many ppl who lasted more than 5 years. You need to put more efforts to see :)
anyways, all of us here want to do that ONE thing, dont we? Every one of us here wants to earn consistently and for long. We strive to do that. And pls dont comment about my strategy or my character when you dont know both of us. I am not here to fight with you or criticise you. I am here to make money so is you and everyone. But i want to make the money in the right way. Thats all.
I have seen a few that have lasted 5-10 years using the same old strategy. But you clearly have not seen any which includes yourself.
Nevertheless, I just hope you do not disappear into the black world we are living in.
Warren Buffett, if compounded has been making returns of around 20% average per year since 1976. That is something. I do not wish for any ill thinking towards you and I certainly hope you could do the same thing. But the profit % you are making right now will not last. Your losses will be probably be around the same when it kicks off in a few months.
I suggest you cut down on % risk when you receive bigger accounts.
Thanks. I did cut down the risk by 70% of what i initially took. The 39 % DD was the initial week, later i reduced the risk drastically, you can observe this in my DD chart. Thanks anyways.
Jun 08, 2013 at 08:07
vijayinvites posted:forexedge posted:vijayinvites posted:
hmmmmn lets see.
And its not my fault that you didnt see many ppl who lasted more than 5 years. You need to put more efforts to see :)
anyways, all of us here want to do that ONE thing, dont we? Every one of us here wants to earn consistently and for long. We strive to do that. And pls dont comment about my strategy or my character when you dont know both of us. I am not here to fight with you or criticise you. I am here to make money so is you and everyone. But i want to make the money in the right way. Thats all.
I have seen a few that have lasted 5-10 years using the same old strategy. But you clearly have not seen any which includes yourself.
Nevertheless, I just hope you do not disappear into the black world we are living in.
Warren Buffett, if compounded has been making returns of around 20% average per year since 1976. That is something. I do not wish for any ill thinking towards you and I certainly hope you could do the same thing. But the profit % you are making right now will not last. Your losses will be probably be around the same when it kicks off in a few months.
I suggest you cut down on % risk when you receive bigger accounts.
Thanks. I did cut down the risk by 70% of what i initially took. The 39 % DD was the initial week, later i reduced the risk drastically, you can observe this in my DD chart. Thanks anyways.
I will give you a tip. Try to gather how many trades you place a month on average. Then based on that, try to figure out what % risk per trade you would like to make. Like we place around 10-20 trades per month and we end up risking around 3% per trade. I have seen some make 60-90 trades per month and they will risk 0.5% per trade.
Really, I know you are passing yourself off as some big time money manager, but you still have some work to do.
Do not take it a bad way. You are receiving wise advice.
We have been there and done it.
Uczestnik z May 17, 2012
206 postów
Jun 08, 2013 at 08:30
I don't get it.
In my opinion, I could take 100 trades a month, risking 1% per trade, and I could equally take 4 trades a month risking 1% per trade... either way there is zero difference in risk.
In my opinion, I could take 100 trades a month, risking 1% per trade, and I could equally take 4 trades a month risking 1% per trade... either way there is zero difference in risk.
Wait for the trade to come to you... be patient.
Jun 08, 2013 at 08:51
pt49 posted:
I don't get it.
In my opinion, I could take 100 trades a month, risking 1% per trade, and I could equally take 4 trades a month risking 1% per trade... either way there is zero difference in risk.
With 100 trades risking 1%, chances are you will have big drawdowns. Imagine 50 bad trades and having all of them hit stop loss?
Trading 4 times with 1% risk, your account will not grow much depending on risk to reward ratio. It is about risk control.
Its all about volatility.
Jun 08, 2013 at 15:10
If you trading for living there is huge difference between 100 trades a month approach compared to 4 trades a month.
Hit rate and RR has to be radically different if you both want to earn as much yearly.
Both ways are as viable and it's just a matter of personal trading style which works for any individual.
But this is like comparing apples to oranges.
Both styles can be good if they are designed and implemented properly.
I prefer to trade 100 trades a month (because of my temperament and using robot) even though I believe that 4 trades a month is better in long term and better suitable for manual trading (done by my account manager).
This book is quite good to gain understanding about different trading styles and their effect and your income:
VAN K. THARP: Trade Your Way to Financial Freedom
Very recommended reading
Hit rate and RR has to be radically different if you both want to earn as much yearly.
Both ways are as viable and it's just a matter of personal trading style which works for any individual.
But this is like comparing apples to oranges.
Both styles can be good if they are designed and implemented properly.
I prefer to trade 100 trades a month (because of my temperament and using robot) even though I believe that 4 trades a month is better in long term and better suitable for manual trading (done by my account manager).
This book is quite good to gain understanding about different trading styles and their effect and your income:
VAN K. THARP: Trade Your Way to Financial Freedom
Very recommended reading
Being Bearish or Bullish Makes No Difference
Uczestnik z May 17, 2012
206 postów
Jun 09, 2013 at 00:38
forexedge posted:OK, so using your logic, 1 trade a year is even better than 4 a month... or 1 trade every 2 or 3 years is even better still.
With 100 trades risking 1%, chances are you will have big drawdowns. Imagine 50 bad trades and having all of them hit stop loss?
Trading 4 times with 1% risk, your account will not grow much depending on risk to reward ratio. It is about risk control.
Its all about volatility.
I wonder why you even bother trading.
Wait for the trade to come to you... be patient.
Uczestnik z May 17, 2012
206 postów
Jun 09, 2013 at 01:02
petays posted:
If you trading for living there is huge difference between 100 trades a month approach compared to 4 trades a month.
Hit rate and RR has to be radically different if you both want to earn as much yearly.
Risking 1% per trade with 100 trades a month you are going to make 25 times as much profit as a trader making 4 trades a month... every thing else being equal.
Forexedge logic is not correct... he assumes that taking 100 trades a month means you will lose 25 times as much as at 4 trades a month.
Personally while my live account doesn't look that crash hot, however in May I took 192 trades for a total loss of 1.2% of my account balance... and I'm a manual trader.
57.3% winners, most consecutive losses 8, most consecutive wins 14
I've been trading on and off for about 10 years now and like most traders my style is continually evolving.
My #1 priority is to protect my equity, and then, if possible, to make a profit.
Making a profit is my #2 priority... protecting equity is #1... as long as I minimize losses, it doesn't matter how many trades I take.
Wait for the trade to come to you... be patient.
