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fxphysics
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fxphysics
There is no way you can average hundreds of pips per month
ใน
ทั่วไป
Jan 28, 2018 at 07:02
There is no such thing as "X pips a day" trading Forex or any other instrument for that matter. Be it 20 or 500 or just 1 pip. Trading is not linear. If you want regular income, buy a house and rent it out instead.
90% are loser ..why ?
ใน
นักเทรดมือใหม่
Jan 26, 2018 at 13:12
Because of cognitive dissonance. Everything else is secondary.
Jarratt Davis;s student
ใน
ทั่วไป
Dec 27, 2017 at 15:06
My guideline is to learn mathematics and/or physics, and start learning how science (true science i.e. observable, replicable, univocal) can help you find a viable expectancy. The information is out there for free in currency terms. But you will have to pay with time and efforts.
Jarratt Davis;s student
ใน
ทั่วไป
Dec 26, 2017 at 08:01
Unless any self-proclaimed 'mentor' out there can show a self-owned, consistent, long-term third-party audited track-record spanning at least two years and hundreds of trades proving a viable profit expectancy, then he remains a total fraud in my book.Free or paid does not matter one bit. Free will waste your time. Paid will waste both time & money. How convenient to trade using 'fundamentals'. The theory can't be proven. Can't be disproven. Soft concepts like these are the mark of scammers.Don't believe the hype and glossy websites, ask for proof. That long...
HELP! Stats tab updateing, but chart not.
ใน
ทั่วไป
Jan 11, 2015 at 13:15
Yes, the same is happening to my system. No chart update since December 22nd when I closed my last trade.I am questioning keeping my systems up on Myfxbook at the moment. Main statistics and chart calculations (when they update together!) are also based on closed trades rather than equity, making Myfxbook a very poor solution to track performance.Very disappointed.
Questioning MyFxBook's performance calculation method
ใน
ทั่วไป
Sep 27, 2014 at 18:46
Hello,First of all, let me state that I am highly grateful that MyFxBook gives us such a platform that allows us to pretty much audit our trading record for free. This is truly great.That said, I am finding some serious shortcomings and/or biases that render performance calculation questionable.The main issue that I have is the way they are calculating Gains and Drawdowns (ongoing + maximum).Everything is calculated on a CLOSED TRADE basis instead of EQUITY. This inevitably implies that flawed grid and martingale systems that take quick profits and let huge losses run are highly favored. For t...
how does myfxbook calculate drawdown?
ใน
นักเทรดมือใหม่
Sep 26, 2014 at 22:05
Still no answer after 48 hours. Unless I post again here, consider that my conclusions were right.
how does myfxbook calculate drawdown?
ใน
นักเทรดมือใหม่
Sep 25, 2014 at 07:14
I am currently investigating with Myfxbook's team and will post the final answer here. It is an important topic.
how does myfxbook calculate drawdown?
ใน
นักเทรดมือใหม่
Sep 25, 2014 at 07:14
I am not sure that the above statements are correct.The way I am reading myfxbook's calculations, the Drawdown and Max Drawdowns are calculated on a CLOSED TRADES basis. It is not evaluating DD based on Equity. So if I am right, this method is highly favoring flawed grid and martingale systems which often carry heavy floating losses while only closing profitable trades... until they crash out. Take this logic to an extreme case, myfxbook's stats may not disclose a system's actual DD until equity hits margin call trigger and the account blows up.For example, one of my systems carrie...
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