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Členom od May 04, 2012
1534 príspevkov
Nov 06, 2016 at 00:00
(upravené Nov 06, 2016 at 00:17)
patrickx posted:
Btw. it's kind of strange as I see diff numbers than you have on your printscreen - I see 37% monthly avg vs. 35% DD...
can anybody else confirm what numbers he gets?
thanks
MickFxMasterGuru posted:patrickx posted:
http://www.myfxbook.com/members/patrickx/micks-trading--icmarkets-/1513366
@patrickx
Why not showing the account's ENTIRE trade history...?
Maybe because the Max. DD is more than 3x higher then the Average Monthly Profit...?
Isn't any other way to make this ratio looking better than limiting viewable trade history...?
@patrickx
You are right Patrick: 37% Monthly Profit with -35% max. DD... So it is not that bad, after all. I apologize.
But yeah, I would hide the -35% DD... Why...?
Because I would not invest $500k in a strategy with -35%, i.e. -$175,000 potential drawdown... Would you...?
Why did I mention $500k investment? Because with $500k and 37% monthly gain I could profit about $185k per year and after paying income taxes, I would have left with about $120k net profit per year, i.e. $10k a month. It would not make me ""rich"", but it would give me a decent standard of living in the western world.
In summary: I would have to watch my equity to drop by -175k to profit 10k/month... Well, it is not for me... A -$175k equity drop would be simply too steep for me - and bad for my sleep and health - for a $10k monthly profit.
Not to mention that if I were just an investor, I would be charged with pre-tax ""management fee"", so that $10k per month is probably just $6k/month for an investor client.
So what be a proposal for an investor client: ""You could expect net $6k per month if you were willing to watch your $500,000 invested equity to drop by -$175,000 without any guarantee of recovery."" Right...?
P.S. As the below screenshot shows you have withdrawn your deposit completely - i.e. now you are playing 'risk-free' with the casino's chips - which shows that you have the same level of confidence in your strategy as I would have.
Prílohy:
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členom od Jan 07, 2016
83 príspevkov
Nov 06, 2016 at 07:02
Guru,
Please read your sentence again and check the Math here:-)
In your example of 500k, I'm not sure where did you get 10k monthly? If my growth is 37% and max DD 35%, ratio is around 1:1. That means 185k MONTHLY profit with potential 170k risk, i.e. you need one month to COVER your max. DD if that happens. Sounds correct?
Obviously, adjusting your risk is possible so you can set 5% growth with 5% max. DD, whatever is comfortable for you. Risk is very individual thing and you're right that risking 30% of 1k is different thing than 30% DD of 500k.
Please read your sentence again and check the Math here:-)
In your example of 500k, I'm not sure where did you get 10k monthly? If my growth is 37% and max DD 35%, ratio is around 1:1. That means 185k MONTHLY profit with potential 170k risk, i.e. you need one month to COVER your max. DD if that happens. Sounds correct?
Obviously, adjusting your risk is possible so you can set 5% growth with 5% max. DD, whatever is comfortable for you. Risk is very individual thing and you're right that risking 30% of 1k is different thing than 30% DD of 500k.
FxMasterGuru posted:
Because with $500k and 37% monthly gain I could profit about $185k per year and after paying income taxes, I would have left with about $120k net profit per year, i.e. $10k a month. It would not make me ""rich"", but it would give me a decent standard of living in the western world. In summary: I would have to watch my equity to drop by -175k to profit 10k/month... Well, it is not for me..
My offers: FXCM $4.99/RT, Pepperstone Razor AUD$6/RT, VantageFX $4.30/RT, ICMarkets AUD$5.50/RT - no mark-up spread or slippage!
forex_trader_41843
Členom od Jul 15, 2011
1 príspevkov
Nov 06, 2016 at 08:07
https://www.myfxbook.com/members/doniperry/lionbrookefx/1772633
Trading for a while....but added $1K to this account on 9/1/2016
Good luck trading everyone.
Trading for a while....but added $1K to this account on 9/1/2016
Good luck trading everyone.
Členom od May 04, 2012
1534 príspevkov
Nov 06, 2016 at 10:00
patrickx posted:
Guru,
Please read your sentence again and check the Math here:-)
In your example of 500k, I'm not sure where did you get 10k monthly? If my growth is 37% and max DD 35%, ratio is around 1:1. That means 185k MONTHLY profit with potential 170k risk, i.e. you need one month to COVER your max. DD if that happens. Sounds correct?
Obviously, adjusting your risk is possible so you can set 5% growth with 5% max. DD, whatever is comfortable for you. Risk is very individual thing and you're right that risking 30% of 1k is different thing than 30% DD of 500k.FxMasterGuru posted:
Because with $500k and 37% monthly gain I could profit about $185k per year and after paying income taxes, I would have left with about $120k net profit per year, i.e. $10k a month. It would not make me ""rich"", but it would give me a decent standard of living in the western world. In summary: I would have to watch my equity to drop by -175k to profit 10k/month... Well, it is not for me..
@patrickx
Yes, you are right, my math was off. So I just wonder why haven't you invested more in the strategy instead of withdrawing your deposit?
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členom od Jan 07, 2016
83 príspevkov
Nov 06, 2016 at 10:06
(upravené Nov 06, 2016 at 10:09)
testing more accounts / brokers / settings, overall more than 5k invested now on this strategy... but you're right, will add more funds in this 'display acc' soon...
FxMasterGuru posted:
@patrickx
Yes, you are right, my math was off. So I just wonder why haven't you invested more in the strategy instead of withdrawing your deposit?
My offers: FXCM $4.99/RT, Pepperstone Razor AUD$6/RT, VantageFX $4.30/RT, ICMarkets AUD$5.50/RT - no mark-up spread or slippage!
Členom od May 04, 2012
1534 príspevkov
Nov 06, 2016 at 12:32
(upravené Nov 06, 2016 at 12:32)
patrickx posted:
testing more accounts / brokers / settings, overall more than 5k invested now on this strategy... but you're right, will add more funds in this 'display acc' soon...FxMasterGuru posted:
@patrickx
Yes, you are right, my math was off. So I just wonder why haven't you invested more in the strategy instead of withdrawing your deposit?
@patrickx
Finally, just a friendly advice. Should you decide to look after serious investors, start a showcase reference account with the largest deposit you can afford at a highly reputable broker, on which account the DD stays belows -10% (without using Custom Dates).
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Členom od Nov 05, 2016
19 príspevkov
Nov 07, 2016 at 07:28
Looking for Good Safe Manager with 6 Month Real History . PM me please ... 25k available
We can invest 50-100k. Please PM me with real invest password last 6 Month Statement
Členom od Jul 17, 2011
92 príspevkov
Nov 07, 2016 at 09:38
Členom od Apr 10, 2015
7 príspevkov
Nov 07, 2016 at 13:49
Členom od Dec 10, 2015
7 príspevkov
Nov 08, 2016 at 07:57
- No grid, No martingale
- No hedging
- Use SL
- Use Money Management
- DD no more than 15%
Trade more 6 Months,500 trades.
https://www.myfxbook.com/members/nonameb3/real-tickmill/1617817
- No hedging
- Use SL
- Use Money Management
- DD no more than 15%
Trade more 6 Months,500 trades.
https://www.myfxbook.com/members/nonameb3/real-tickmill/1617817
Členom od Jul 17, 2011
92 príspevkov
Nov 08, 2016 at 12:33
The test of the trading system from 1999. Real trading for over a year.
https://www.myfxbook.com/members/Yurkov/yd-stability/1373741
https://www.myfxbook.com/members/Yurkov/yd-stability/1373741
Prílohy:
yurkov.d@
Členom od Sep 25, 2013
38 príspevkov
Nov 09, 2016 at 06:21
Členom od May 20, 2012
126 príspevkov
Nov 09, 2016 at 07:43
Monitoring account using EA WD Gannn 😀
http://www.myfxbook.com/members/ArtomoroTrader/wd-gannn/1846938
http://www.myfxbook.com/members/ArtomoroTrader/wd-gannn/1846938
Trading For Living
Členom od Nov 05, 2016
19 príspevkov
Nov 09, 2016 at 11:04
crux posted:
Two years of stable profit:
https://www.myfxbook.com/members/crux/bl-1/1096711
http://www.signalstart.com/analysis/good-profit-low-dd/1553
Drawdown not good. Looks like martingaile
We can invest 50-100k. Please PM me with real invest password last 6 Month Statement
Členom od Nov 05, 2016
19 príspevkov
Nov 09, 2016 at 11:04
Yurkov posted:
The test of the trading system from 1999. Real trading for over a year.
https://www.myfxbook.com/members/Yurkov/yd-stability/1373741
Drawdown also bigger that total profit
We can invest 50-100k. Please PM me with real invest password last 6 Month Statement
Členom od Nov 24, 2012
27 príspevkov
Nov 09, 2016 at 11:14
fully automated trading robot
http://www.myfxbook.com/members/lazellnet/ambaru-ea-tvm/1779516
http://www.myfxbook.com/members/lazellnet/ambaru-ea-tvm/1779516
Prílohy:
Členom od Jul 17, 2011
92 príspevkov
Nov 09, 2016 at 12:08
IvestINC posted:Yurkov posted:
The test of the trading system from 1999. Real trading for over a year.
https://www.myfxbook.com/members/Yurkov/yd-stability/1373741
Drawdown also bigger that total profit
I agree with you!
But the system uses an author's averaging method. Drawdown is inevitable here. But it is minimized as much as possible
yurkov.d@
Členom od Nov 30, 2014
47 príspevkov
Nov 09, 2016 at 15:53
Členom od Nov 05, 2016
19 príspevkov
Nov 10, 2016 at 07:57
GLIFX posted:
Best Forex Signl
https://www.myfxbook.com/members/GLIFX/pafxsignal/1814562
700% gin in 2 month....
Abs. Gain:+26.54%
Drawdown: 27.45%
We can invest 50-100k. Please PM me with real invest password last 6 Month Statement
Členom od Aug 10, 2016
8 príspevkov
Nov 10, 2016 at 07:58
GLIFX posted:
Best Forex Signl
https://www.myfxbook.com/members/GLIFX/pafxsignal/1814562
700% gin in 2 month....
The drawdown is scary and it has occurred on a very small number of trades.
Why trade manually when the computer can do it all by itself unattended and so much better than humans!
