Contest summary | Diễn đàn Forex của Myfxbook

forex_trader_8466

Tham gia từ Mar 10, 2010 68bài viết

Jun 09, 2010 at 10:06

Tham gia từ Mar 10, 2010 68bài viết

Hi,
Contest is done. :)
If I took no trade I would be on 8th position :D :D :D

I heard 5% make in in FX,
Here we can see 2% of winners. 1 month is not enough you would say, but what all of you must admitt is
1. Even if in long run someone would turn above 100% balance, certainly someone from top is there randomly.
2. This is short run, but there is loads of trades [of different traders] alredy traded, so if one would add up all of them I believe it would turn out to be faaar below zero sum game.

Unfortunately there's no apropriate tool, so I will try to count all trades, total result and see what satistics would say about it [how our results should look according to Gaussian bell curve].

I will post later :)

forex_trader_8466

Tham gia từ Mar 10, 2010 68bài viết

Jun 09, 2010 at 12:10

Tham gia từ Mar 10, 2010 68bài viết

I tried to implement some probability formulas to all those data, however it turned out that going above 100% is statistically virtually impossible.

However all those calculations were made on average results and number of trade. In average 3% of trades were winners, so taking less trades gives you bigger chance for success...

Anyway, have you got any thoughts on results as statistical data..?

sportcity

Tham gia từ Apr 20, 2010 4bài viết

Jun 09, 2010 at 16:26 (đã sửa Jun 09, 2010 at 16:33)

Tham gia từ Apr 20, 2010 4bài viết

Krysztau posted:
I tried to implement some probability formulas to all those data, however it turned out that going above 100% is statistically virtually impossible.

However all those calculations were made on average results and number of trade. In average 3% of trades were winners, so taking less trades gives you bigger chance for success...

Anyway, have you got any thoughts on results as statistical data..?

For that I traded just 5 trades and I stopped on the 17th of the month ( I started my 1st trade on the 5th of the month ... that means 10 days of trading ). After that I started to monitor other top leaders' equities.

I won >>>>> Thanks God