Actually it seems that the example is in fact correct in practice also. For some reason my previous attempts to verify it failed but I just tried with a new demo test and it's working. As you mention there's some difference due to the extra cost and ...

Found a bigger list: url

So it seems that we are safe with majors and the most traded currencies? The only currency that surprised me a little bit in that list is the Danish krona (DKK).

Is there a list of pegged currencies somewhere? If not, can you mention some pegged currencies you know about?

I have run a test with a real strategy traded over months with hundreds of trades and my conclusion is that when the risk is increased by 2x both the Monthly Gain and Draw Down are increased by aproximately 2x. Same thing with any other multiplier. ...

I'm defining Monthly Gain as the same figure that myfxbook.com displays for the strategies, i.e. the "monthly compound rate of return leading to the total gain". So the draw downs are already factored, everything is already factored. It's the ...

I made another two simple simulations (graphs C and D bellow) which involve only two trades. C represents a loser and then a winner and D represents a winner and then a looser. In both cases according to my calculations the strategy that runs at ...

I see. Your examples were really helpful. However if we are right and scenario B is the correct one, is myfxbook.com risk multiplier broken? When you select a risk multiplier of 4x, the expected drawdown increases by 4x, and the monthly gain ...

I understand what you mean with the drift, but where am I assuming that? Most importantly, which simulation is the correct one according to you: A, B or neither?

Huge thanks, I found the source: url

Wow totally true, I feel silly for not thinking about it, thanks!

I understand this can be obvious for you, but I would really appreciate if you could be clear about it. Are you saying the stats can be manipulated?

But the stats of myfxbook must be true right? I mean, if they have the two green ticks they cannot be manipulated right? What maybe worries me more if the possibility that this results were obtained with a very high risk, and thus the account could ...

Could you please elaborate? If you see it's clearly a scam, why is that? Why should I avoid it and how to detect this type of scams?

I'm currently learning, I'm a programmer and I'm currently developing trading bots I hope to make profitable in the future. However this seemed an investment opportunity, so I'm not really evaluating it as a way to learn how to trade, just as an ...

¿? As I told you I'm asking for advice on it, because I'm basically quite scared of being the victim of some kind of scam or alike. My live trading experience is null, and I created this account to ask about it here (been reading for some weeks). It ...