Ramin_Rostami posted: true but drowdown not means risk
for a system that has SL and loss limit Drawdown is normal
do you ever seen a expert(joke martingle) with drowdown 5% but they has 100% margincall risk???
true my system drawdown is 53% in balance but in equity is under 20%(metatrader problem is that calculate drowdown by balance not by tue equity.......in trade equity is important not balance)
so drowdown not important......drawdown just a prametr but cant show system all deposit loss risk.......in my idea drowdown
when account is in profit not important
think why drowdown cant show system and expert risk
DrowDown = Risk always 1) you canblowup when your risk too big 2) you can use SL at your DD = 50% and you will receive -50% of funds 3) or you can use locking (i think you use Locking or something like Swing) and freeze your -% for some time if you use mt4. in mt5 its impossible to open LOCK
So never say this Bullshit like 'metatrader problem is that calculate drowdown by balance not by tue equity' because you do not use RISK MONEYMANAGEMENT in tester and EAs - it meens when you do testing your Balance Up but Start Lot is not Up in % from Equity. Not Balance
If you look at the posted results on his website he has a trade with no Stop Loss .. Most of the wins are 1 pip profits which means he has to make 1 pip with a 10 pip SL or TP but the risk of this is 2 pip spread and the movement of the currency. In a minute chart it would be impossible to predict movement ( no better than casino) and so you can take it as random . This would mean that typically a 50% chance of success if you stick with long or short only you have a spread to deal with and this is where the odds go way against you .
I do not believe this to be possible so if the guy is actually doing this he could retire in no time and live in Monaco .
He also states in his site that this fx company is the only comapany to allow one switch ON OFF for tracking a trader and that is why he is using the FX broker . This is simply not correct.
The FX broker does not state in about us their address or details ..
I think you should be cautious ..
What needs to occur in this site is to filter out anything but reputable brokers who fall in countries that have high regulation .