darwin discussion | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading for silver Darwin 16 replies

Elliott Waves discussion 4 replies

Euro/Dollar discussion 9 replies

Forward Testing Discussion Thread 241 replies

Attachments: darwin discussion
Exit Attachments

darwin discussion

  • #81
  • Aug 28, 2024 9:13pm Aug 28, 2024 9:13pm
Quoting RoelsMajor
{quote} If you say it like that, we go back to the mindset that profit is everything.
My point was it doesn't matter to me how some stranger trades. They do them, I do me. Now that I have a general understanding of how the risk engine works the only thing that matters is building a track record.
Pride always comes before destruction.... -Proverbs 16:18
  • #82
  • Aug 28, 2024 9:17pm Aug 28, 2024 9:17pm
Quoting RoelsMajor
{quote} He is not considered a 'good' type by Darwin, so I think you should avoid it.
They must consider him good, they will be giving him 375K in seed allocation.
Call me shiity and give me 375K, better than calling me good and giving me 30K.
  • #83
  • Aug 28, 2024 9:17pm Aug 28, 2024 9:17pm
Quoting pipmaster77
{quote} So, the number 1 trader in silver has VaR of 3 times what is acceptable? I definitely think I'm going to fire up another account and increase the risk some.
Most important thing is Return as risk engine evens out risk so only thing left is return. People with less VAR will not make more than 1-2% so even if you multiply var by 2 it will be 4-5% but if var is 1 and he makes 5-10%, later one will ranked higher.
  • #84
  • Aug 28, 2024 9:27pm Aug 28, 2024 9:27pm
Quoting sampat
{quote} Most important thing is Return as risk engine evens out risk so only thing left is return. People with less VAR will not make more than 1-2% so even if you multiply var by 2 it will be 4-5% but if var is 1 and he makes 5-10%, later one will ranked higher.
You are extremely knowledgable on the inner workings....what would you recommend I do..up the risk on this one or perhaps start another higher risk and leave this one alone?
Attached Image (click to enlarge)
Click to Enlarge Name: DarwinIA0828.PNG Size: 27 KB

Attached Image (click to enlarge)
Click to Enlarge Name: VaR0828.PNG Size: 5 KB
  • #85
  • Aug 29, 2024 12:00am Aug 29, 2024 12:00am
Quoting sampat
{quote} If you open multiple position darwinx will reduce your VAR and if you see his dashboard he has volatility below 15% which is not bad. DARWINEX considers all open positions as single however if you hedge it nullifies and you wont see it as open position.
//-----

just curious..... how would you hedge in the same account.....

do you mean like being long the october contract and short the december contract..... other than that, i see no manner to do it..... and if so, are you sure that will null out the associated var.....

being in calibration, it's difficult for me to visualize some of the metrics not available to me......

i remember reading your var can 90% or higher..... actually any number below 100...... it's just a reflection of your risk being used......

the risk engine will reduce a traders high var down to darwins allowed values..... or up if your risk is too low..... mine is too low....

once you know the individual d leverage value of each asset traded, you can easily calculate your own position total d leverage and stay inside their preferred min/max var band....

my d leverage is way to low..... and my var is scraping that minimum.......

once i can see the metrics like everyone else, i can adjust so the risk engine will not have to.....h
to trade and code, keep both simple... no call to impress....h
  • #86
  • Edited 2:20am Aug 29, 2024 1:58am | Edited 2:20am
Quoting pipmaster77
{quote} They must consider him good, they will be giving him 375K in seed allocation. Call me shiity and give me 375K, better than calling me good and giving me 30K.
Good or not good according to Darwin, not us, because we are trading on Darwinex Zero. #1 will be penalized next month. Yes, he will receive a 375k allocation, but what will he generate afterwards? Meanwhile, #2 will receive a similar allocation next month but with an intact risk ratio or double reward. About 3 to 6 months of patience while staying within safe limits is not easy. It is very difficult to do what you have been able to do.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #87
  • Aug 29, 2024 7:27am Aug 29, 2024 7:27am
Quoting pipmaster77
{quote} You are extremely knowledgable on the inner workings....what would you recommend I do..up the risk on this one or perhaps start another higher risk and leave this one alone? {image} {image}
I think you gave pretty awesome var and return why to change it buy additional accounts for testing leave golden goose for future eggs
  • #88
  • Aug 29, 2024 7:38am Aug 29, 2024 7:38am
Quoting sampat
{quote} I think you gave pretty awesome var and return why to change it buy additional accounts for testing leave golden goose for future eggs
Thanks. Was thinking the same.
  • #89
  • Aug 29, 2024 8:12am Aug 29, 2024 8:12am
Quoting RoelsMajor
{quote} Good or not good according to Darwin, not us, because we are trading on Darwinex Zero. #1 will be penalized next month. Yes, he will receive a 375k allocation, but what will he generate afterwards? Meanwhile, #2 will receive a similar allocation next month but with an intact risk ratio or double reward. About 3 to 6 months of patience while staying within safe limits is not easy. It is very difficult to do what you have been able to do.
You are talking of punishment so often.

Intraday only.
  • #90
  • Aug 29, 2024 8:35am Aug 29, 2024 8:35am
3 days left in calibration..... 1800 shy of 20,000..... still 12 days before darwin creation......

aiming for pips 2% per month.... but his first month of 4% is on my mind.....

they say trade the way you normally trade..... i clearly understand what and more importantly why, they are saying that..... but i disagree......

once my darwin report card is in hand, i will make necessary adjustments......h
//-----


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-08-29 081508.png Size: 44 KB
to trade and code, keep both simple... no call to impress....h
  • #91
  • Aug 29, 2024 8:41am Aug 29, 2024 8:41am
Quoting hayseed
3 days left in calibration..... 1800 shy of 20,000..... still 12 days before darwin creation...... aiming for pips 2% per month.... but his first month of 4% is on my mind..... they say trade the way you normally trade..... i clearly understand what and more importantly why, they are saying that..... but i disagree...... once my darwin report card is in hand, i will make necessary adjustments......h //----- {image}
the 4% was calibration month, I was trading larger. TBH, I forget what my score was when Darwin was created after that month....but 2.4% did get me the allocation in July and then I only need 1.14% this month and as stated I will only need 0.1% next month.
  • #92
  • Aug 29, 2024 9:24am Aug 29, 2024 9:24am
Quoting pipmaster77
{quote} the 4% was calibration month, I was trading larger. TBH, I forget what my score was when Darwin was created after that month....but 2.4% did get me the allocation in July and then I only need 1.14% this month and as stated I will only need 0.1% next month.
//-----

yes..... until i can see my own results i'm aiming at yours and what you have commented on..... that being 2% per month.....

your first month, 4%, which includes the calibration, is also on my mind as a possibility.....

the only thing i'm unsure of is the phrase, Cumulative % return prior 5 calendar months: on the capital allocation page......

to me that implies you must have at least 2 months of returns..... would not think the current month would be included in the prior months.....

for a allocation i must have a combined number of 6..... current month + prior months...... that can be in any combination except a current month of 1% and prior months of 5%.... the best combination is 5% for current and 1% for prior months.....

in the back of my mind is a combined number > 10...... as a minimum......h
to trade and code, keep both simple... no call to impress....h
  • #93
  • Aug 29, 2024 10:58pm Aug 29, 2024 10:58pm
Quoting pipmaster77
{quote} the 4% was calibration month, I was trading larger. TBH, I forget what my score was when Darwin was created after that month....but 2.4% did get me the allocation in July and then I only need 1.14% this month and as stated I will only need 0.1% next month.
//-----

just noticed your in the top 10%...... .....h
to trade and code, keep both simple... no call to impress....h
  • #94
  • Edited 6:21am Aug 30, 2024 5:45am | Edited 6:21am
Quoting navk
{quote} You are talking of punishment so often.
This is Darwinex Dzero, so we should always remind ourselves of the right model. Actually, I don't like the idea of right role models; it's more effective if we find anti-models, and the anti-model is the "gambler trader," right? So, even if the returns are high, if they're not below a VaR of 6.5 like Darwinex's limit, it's the same thing. Every trader can YOLO repeatedly, isn't that the anti-model? Isn't that what we call "handle with care"?

I am somewhat confused by the ever-changing narrative. If a trader can make a 30% profit in a month, they are considered good even with high risk, but if they lose -30%, they are seen as bad. If someone in Darwinex has a steady but small return or even a loss, they are viewed as not very good, even though they are disciplined within the allowed limits. It cannot be denied that, despite Darwinex recommending risk limits, this doesn’t factor into the performance rating percentage.

So, when you see a high percentage of profits in Darwinex, it doesn’t necessarily mean they’re not YOLO-ing. That's it. 90% are still YOLO-ing. 9 from 10. Thats the fact! Even if you follow their official Twitter, glorification is still given to those with high returns and the highest performance index, without looking deeper.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #95
  • Aug 30, 2024 6:14am Aug 30, 2024 6:14am
Quoting sampat
{quote} If you open multiple position darwinx will reduce your VAR and if you see his dashboard he has volatility below 15% which is not bad. DARWINEX considers all open positions as single however if you hedge it nullifies and you wont see it as open position.
//-----

Quoting hayseed
{quote} //----- just curious..... how would you hedge in the same account..... do you mean like being long the october contract and short the december contract..... other than that, i see no manner to do it..... and if so, are you sure that will null out the associated var.....
//-----

sampat never replied..... so going with the assumption he was not talking about futures.......

darwins metatrader 5 platform is set in 'hedging' rather than the more common 'netting' mode...... but you can not hedge futures......

other than the method of long one contract month while short a different contract month......

you can direct hedge forex pairs, eurusd, gbpusd and so on.... but not yh_u, nq_u and so on.....

this applies no matter where you live......h
to trade and code, keep both simple... no call to impress....h
  • #96
  • Aug 30, 2024 6:51am Aug 30, 2024 6:51am
Quoting hayseed
{quote} //----- {quote} //----- sampat never replied..... so going with the assumption he was not talking about futures....... darwins metatrader 5 platform is set in 'hedging' rather than the more common 'netting' mode...... but you can not hedge futures...... other than the method of long one contract month while short a different contract month...... you can direct hedge forex pairs, eurusd, gbpusd and so on.... but not yh_u, nq_u and so on..... this applies no matter where you live......h
You can on the platform, it nets it on the back end. If I have to reverse position in a fast moving market, it's easier to open one trade than to close one first. So if I am long 1 NQ and I wish to flip, I'll open 2 short NQ....both display on the platform, but if I look at live trades on dash, I am simply short 1 NQ.
  • #97
  • Aug 30, 2024 7:00am Aug 30, 2024 7:00am
Quoting hayseed
{quote} //----- just noticed your in the top 10%...... .....h
Thanks....yes, 600ish out of 7,330. Won't be trading Darwin today as last day of month and allocation is secured for September. Will be trading 60K as of next week.
  • #98
  • Aug 30, 2024 7:27am Aug 30, 2024 7:27am
Quoting pipmaster77
{quote} Thanks....yes, 600ish out of 7,330. Won't be trading Darwin today as last day of month and allocation is secured for September. Will be trading 60K as of next week.
Congratulations! Consistent work
  • #99
  • Aug 30, 2024 7:45am Aug 30, 2024 7:45am
Quoting pipmaster77
{quote} You can on the platform, it nets it on the back end. If I have to reverse position in a fast moving market, it's easier to open one trade than to close one first. So if I am long 1 NQ and I wish to flip, I'll open 2 short NQ....both display on the platform, but if I look at live trades on dash, I am simply short 1 NQ.
//-----

yes, that is netting..... mq5 was originally written with netting mode only.......

try a placing a single NQ long and a single NQ short at the same time..... they will net each other out and no live trades will be seen, even in hedging mode......

we are trading futures so we don't have access to the eurusd.....

i know for absolute certainty, in hedging mode, i can place any number of eurusd longs while at the same time any number of eurusd shorts open at the same time..... they will all stand as live trades....... that's true hedging.....

futures will net out......h
//-----


edit..... just received a message back from darwin.....

Thank you for your message and letting us know about your question.

I am sorry to tell you that, although it is a Hedge acccount, you cannot Hedge futures in a Darwinex Zero futures account.

Please, let us know if there is anything else we can help you with, we will be back to you as soon as possible.

Kind regards,
Luis


[email protected]
to trade and code, keep both simple... no call to impress....h
  • #100
  • Aug 31, 2024 12:56am Aug 31, 2024 12:56am
Darwin account 1& 2 update.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_4157.jpeg Size: 511 KB
Click to Enlarge Name: IMG_4158.jpeg Size: 501 KB
4 traders viewing now