Aby korzystać z czatu, zaloguj się.
Powrót do kontaktów

Show your profitable account here.

fxinvesta
Apr 26 2018 at 00:43
107 postów
BluePanther posted:
fxinvesta posted:
soulmysoul posted:
https://www.myfxbook.com/members/soulmysoul/slow-steady/2506788
- Top tier broker
- Fully verified account
- No Martingale, Grid, Scalping, Arbitrage strategy
- Monthly profits between 10-30%
- DD as low as possible, never over 15%

For many it might be small percentage gain, but the people who are long enough in this business will know its DD instead of profit which counts in the end.


Please, tell the people who know a lot about this, explain to us that we do not know anything, if the maximum DD will be 15%, why not only open the account with 15% of what they really want to invest, so they do not have 85% of the money stopped uselessly


Sorry! I assumed you were being a smart a** asking this question when you have more than 5 years experience.

Maybe you are sincere in your question? Perhaps you do not realise you need to have available margin beyond the margin your broker requires for your open positions?

The reason is to reduce the risk of a margin call - where the broker will force-close your positions and you may lose your entire account. Please refer:

Link 1: https://www.babypips.com/learn/forex/margin-call-exemplified
Link 2: https://www.investopedia.com/university/margin/margin2.asp

I am in no position to elaborate. You are also a George Soros compared to me. 😎




man, my question is simple logic, if you say that when you get to 15% of DD, you assume the loss and you retire, because if you continue, you will overcome that 15%, you assure that you will NEVER exceed 15%. margin call or not, you are out, I still think that you have 85% of your investment stop uselessly, I can give you my vision of the market, if I invest x amount of money, my goal is to increase it, I care very much for the money deposited, but, once I have profit, I increase the risk, I do not know about you, I personally do trading to obtain profits, and you do not have gains if you do not take risks, calculated risks, technician enters me, technician closes me oparations, in my personal vision of the market, I have 0% DD, never, I was never below the initial deposit, for myfxbook, I have a DD of 30% I do not share that philosophy, and you believe me, I live on my trading, I trade my money not the others....

Risk comes from not knowing what you're doing.
Matt (BluePanther)
Apr 26 2018 at 00:55
1354 postów
soulmysoul posted:
https://www.myfxbook.com/members/soulmysoul/slow-steady/2506788
- Top tier broker
- Fully verified account
- No Martingale, Grid, Scalping, Arbitrage strategy
- Monthly profits between 10-30%
- DD as low as possible, never over 15%

For many it might be small percentage gain, but the people who are long enough in this business will know its DD instead of profit which counts in the end.


fxinvesta posted:
man, my question is simple logic, if you say that when you get to 15% of DD, you assume the loss and you retire, because if you continue, you will overcome that 15%, you assure that you will NEVER exceed 15%. margin call or not, you are out, I still think that you have 85% of your investment stop uselessly, I can give you my vision of the market, if I invest x amount of money, my goal is to increase it, I care very much for the money deposited, but, once I have profit, I increase the risk, I do not know about you, I personally do trading to obtain profits, and you do not have gains if you do not take risks, calculated risks, technician enters me, technician closes me oparations, in my personal vision of the market, I have 0% DD, never, I was never below the initial deposit, for myfxbook, I have a DD of 30% I do not share that philosophy, and you believe me, I live on my trading, I trade my money not the others....


I think I understand you now. I doubt he refers to a hard stop loss at 15% considering his qualifying statement 'its DD instead of profit which counts in the end'.

Rather, he possibly has expectations that based upon the calculated average daily/weekly/monthly variances (+%/-%) of the pairs he trades he expects drawdown to never exceed 15%.

But forecasts based upon past data is never certain and cannot predict Black Swan events:
Scenario 1: No hard stop @ 15% + Black Swan = Potential account loss >100%
Scenario 2: Hard stop loss @ 15% + Black Swan = Expected maximum account loss 15% (85% preserved)

fxinvesta
Apr 26 2018 at 00:56
107 postów
BluePanther posted:
fxinvesta posted:
soulmysoul posted:
https://www.myfxbook.com/members/soulmysoul/slow-steady/2506788
- Top tier broker
- Fully verified account
- No Martingale, Grid, Scalping, Arbitrage strategy
- Monthly profits between 10-30%
- DD as low as possible, never over 15%

For many it might be small percentage gain, but the people who are long enough in this business will know its DD instead of profit which counts in the end.


Please, tell the people who know a lot about this, explain to us that we do not know anything, if the maximum DD will be 15%, why not only open the account with 15% of what they really want to invest, so they do not have 85% of the money stopped uselessly


Sorry, the way I read your question seemed like you were being a smart arse. Please improve your English skills to prevent such a misunderstanding.

Maybe you are sincere in your question? Perhaps you do not realise you need to have available margin beyond the margin your broker requires for your open positions?

The reason is to reduce the risk of a margin call - where the broker will force-close your positions and you may lose your entire account. Please refer:

Link 1: https://www.babypips.com/learn/forex/margin-call-exemplified
Link 2: https://www.investopedia.com/university/margin/margin2.asp

I am in no position to elaborate. You are also a George Soros compared to me. 😎
Your results are amazing, considering your lack of knowledge and yet many years' experience. I am honestly impressed. You are a born trading prodigy. Congrats to you also sir! 😎



PD: My English is not great, I am a trader, I apologize, but I strongly trust that someone with your intellectual capacity can understand my idea, although grammatically has 'limitations' hopefully, I could express myself in my language, I give my best effort to communicate with you, you just put your part nen understand my idea, not my epistolary elegance

Risk comes from not knowing what you're doing.
Matt (BluePanther)
Apr 26 2018 at 01:03
1354 postów
fxinvesta posted:

PD: My English is not great, I am a trader, I apologize, but I strongly trust that someone with your intellectual capacity can understand my idea, although grammatically has 'limitations' hopefully, I could express myself in my language, I give my best effort to communicate with you, you just put your part nen understand my idea, not my epistolary elegance


Okay, no need to keep reposting your Profile image. Now you really are rubbing your success in my face - that is arrogant.

Yes, good English is not a prerequisite for good trading. Understood.

I'm not jealous. Images are unavoidable, but reposting serves no benefit. I just want to preserve the readability of this thread.

Thank you, move on. Please.

fxinvesta
Apr 26 2018 at 05:01
107 postów
BluePanther posted:
fxinvesta posted:

PD: My English is not great, I am a trader, I apologize, but I strongly trust that someone with your intellectual capacity can understand my idea, although grammatically has 'limitations' hopefully, I could express myself in my language, I give my best effort to communicate with you, you just put your part nen understand my idea, not my epistolary elegance


Okay, no need to keep reposting your Profile image. Now you really are rubbing your success in my face - that is arrogant.

Yes, good English is not a prerequisite for good trading. Understood.

I'm not jealous. Images are unavoidable, but reposting serves no benefit. I just want to preserve the readability of this thread.

Thank you, move on. Please.

I never published an image, you published images ... Once again I insist, I am a trader not a psychiatrist, I was interested only to know why if someone is only going to put into play 15%, leave 85% of money withheld In a broker, for the broker to have it and generate profits for his benefit, please let's talk about trading, not about personal frustrations ... And calm, I read this thread, because automatically registered, I immediately unsubscribe, and I leave you the forum, I apologize is that sometimes, when I read a stupid, I fall into the temptation to question, I will not do it again , regards

Risk comes from not knowing what you're doing.
Matt (BluePanther)
Apr 26 2018 at 05:33
1354 postów
BluePanther posted:
Thank you, move on. Please.


fxinvesta posted:
...please let's talk about trading, not about personal frustrations ...


We are in agreement. Please do so.

fxinvesta posted:
I was interested only to know why if someone is only going to put into play 15%, leave 85% of money withheld In a broker, for the broker to have it and generate profits for his benefit


Was my answer unsatisfactory? Please PM him and be sure to share the answer here. Thanks!

sjkhaushu
Apr 26 2018 at 06:32
143 postów
BluePanther posted:
sjkhaushu posted:
BluePanther posted:
robertvolta posted:
mmltd posted:
You are always in a huge drawdown...closing winners for a few pips and letting the losers run for a long time...all I see is a gambling account.


Thanks for the feedback and your opinion. The live results are almost identical to back testing and demo. A running drawdown was expected.


Good to see someone that takes 'negative' feedback and disparaging comments in a positive manner. With an attitude like yours, I'm certain you will succeed one way or another.

Each to their own strategy/system. Don't ever let the losers (trades and people) bring you down! 😎

HODL as applied to forex. Well done so far, sir! 😁



What are you talking about? It has been a year since the account started and the account hasnt made any money. In fact the equity is is at about -2%. How can you say well done if there has been no profit for a year? If you believe what you said, you have very low standards...


Your assessment of his performance is clear and true. I appreciate your perspective.

However, I support his positive attitude to criticism and his valiant efforts. Also, has he not been 'successful' in other respects? Success is not always measured in 'dollars profit' but many other metrics: 'dollars lost' for example, and consistency another.

You may consider I have low standards - perhaps low standards is what one requires to survive? You cannot always have high expectations or you will always be disappointed. I consider I have gratitude that his account has lasted as long as it has.

He is also successful in fulfilling the criteria better than many other attempts in this thread:

1) The account must be real - no demo's. (please do not argue here that it is the same as a live acc. etc - the idea is not to engage in any arguments)
2) The account must be verified (please do not come and defend your unverified-but-want-to-participate account - there will simply be no interest)
3)DD must not be higher than 40% - (please. Once again. No justification for your above 40% dd, if it is higher - don't participate)
4)The account must be older than 3 months, maybe this is even still too young.
5)No martingales! (it might work for you, and I do not want to engage in an argument - just please keep to yourself and don't participate)

And on those points he deserves to be congratulated don't you agree? 😉
The 'wooden spoon' for profits; gold medal for everything else. 😄


Well, he is not fulfilling the most important criteria which is profitability. If there is no profit, all other criteria fulfillments are useless. I am sure we can agree on that.

But I agree on your second point, many people only look at realized profits and forget about the DD as their expectations are too high. What good is an account thats making 20% on average per month for 5 months if the DD is 60% and account is always in danger of blowing up? Instead people should focus on ratios between avg profit and max DD.



SCR Traders (Pikasso)
Apr 26 2018 at 06:45
168 postów
AniLorak posted:
Pikasso posted:
100% algo, no martingale, no grid. The strategy can be followed on darwinex strategies exchange with 20% performance fee only.
https://www.myfxbook.com/members/Pikasso/scr/1997123
See description.


Yes, it’s an old account, really appreciated. But the return is not much attractive.


What rate of return is attractive for you ? Give me the link to account with attractive return please.

Trading system developers and strategy providers.
MoneyPumpRobot (YuTsai)
Apr 26 2018 at 06:50
16 postów



Is Myfxbook.com chat made mistake here:

How could equity down to minus -500%? and the account still alive?

https://www.myfxbook.com/members/YuTsai/hedge8/2264339

😀


MoneyPumpRobot (YuTsai)
Apr 26 2018 at 06:52
16 postów
I have to say Myfxbook.com did a great job with its system.😄

Temat zablokowany