darwin discussion

No,that's not how math works for Gold Darwinia. This darwin VMAR can go to "sleep" for next 6 months and he will still enter Gold Darwinia with criteria for the last 12 months fulfilled (at least 20% profit with less than 8%DD in the most recent 12 months). If he keeps up good work he will fulfill criteria for 2 years in the following 12 months and than he is not only out of woods but what is most important for third party capital allocations(investors): he would gain credibility with serious,wise investors.He climbed out of deep hole.
I am long enough at this darwinex journey to have seen how thousands of traders and investors behave over time.I have impression you guys from Darwinex Zero have no idea how investors at darwinex behave.Serious investors look for long trackrecords showing not only profits,but also staying power over years and ability to stay disciplined and climb out of DD.
There are always dummies investing into beautiful Equity curves on short trackrecords,but those people scatter like rats during first moderate DD.That is a fact.If you produce phenomenal profits during your first year and get those investors,half of the AUM will run away in the early phase of the first DD. Ask @Triglav ,he went through such phenomena with one of his earlier darwins. Ask him how he felt psychologically during those weeks under pressure.
Darwinia is not only for you guys to recover subscriptions and for us at Darwinex Classic to get pocket money,but to train you how to trade with other people's money responsibly.
Traders get overwhelmed when flow of investor's money starts pouring into darwin and in space of 6 months you get from 0 investors into 100-200 investors,a lot of money and you actually see at your trading platform their names and you understand it's their savings on the line,not virtual money.And than happens first DD and half of them leaves in a matter of few weeks at the moment trader needs most support and understanding...
Realistically,you need at least 3 years of trackrecord and a realistic Equity curve with some successfully resolved DDs- all that shows your capability,staying power and discipline.After all you are supposed to perform for investors for many years and collect performance fees for that.There are old darwins who despite stagnant year or two keep their investors because they know trader will perform again and will not do anything stupid to hasten return of profits.

Your impression is wrong. We're just trying to figure out exactly how Gold works.

So you're saying the drawdown is only based on the perticular "lookback" period wether that be 1,2,3,4 or 5 years?

And where on the site can you see your 1 year drawdown?

So what you're saying is this guy can just break even for the next 6 months and then the 20% drawdown he incurred from Feb 24 to July 24 will drop out of the equation and at that point he will be eligible for Gold?

Darwinia Silver and Gold are the same for Zero and Classic users. No discrimination there.
You can go through disaster like 30% DD and stop trading to find out what happened and than resume trading and gradually recover.If you learned the lesson,you will perform better in the next 12-24 months and not only get rewarded in Darwinia Silver(of course,there is 6 months lookback period for DD),but enter Gold,with added value for investors knowing that this trader has balls of steel and strong character and that he,hopefully,learned his lesson.
What you mean where on the site can you see your 1-year DD? When you click on different timeframes of your darwin Equity graph,you get stats for that timeframe,including DD.That 's how it is at Darwinex Classic.
Darwinia Gold is not a permanent membership club,even very old and successful darwins get kicked out if they don't fill at least one timeframe criteria in your screenshot.But everyone is welcomed back if he performs again.Actually first criteria(12 months) is too demanding. Darwins are calibrated by Risk engine for 6,5%VaR monthly(like S&P500) and under these conditions making 20 % per year is really difficult-how often S&P500 produces 20% gain yearly?
Darwinex Zero traders should focus on second timeframe(2 years) which is much more realistic.
People thinking about producing 2% each month are unrealistic,nobody can do that and nobody at Darwinex Classic did that for more than 2 years at the time ,max. and than crashed or stagnated for year or two.

Thx for the response.

I understand that you have to maintain requirements to stay at Gold level.

I don't think DZero has the same metrics for us that DClassic has as far as seeing drawdown.

For me personally I am doing this with a 2-3 year plan. No hurry, just building a track record for free as getting allocations every month is super easy.

Also, I think a lot of traders that do well for the first 2 or 3 years might start trading diiferently when they feel the pressure of managing investor capital. Somtimes fear leads to stagnation or an inability to trade your system like you normally would

You got that right,psychological pressure at Darwinex is something traders underestimate.Now,imagine how it was when company had internal forum and investors were able to reach traders...Also previous Darwinia was not like this one.It was very irrational and offered much less support than now,when in Silver people who are reasonably good can easily get allocation.
Top rankings in Silver are still reserved for gamblers and lucky survivors,but at least stacking those 30k allocations is accessible to normal traders.
Also maintaining 1-year criteria for Gold is too much pressure(anyway not much more than 50-60 traders per year can achieve that,in my estimate) and gunning for 2-year criteria is smart. Maintaining 25% profit over every 24-months rolling period with max. 10%DD is much more realistic expectation and than trader doesn't need to stress every month if he will lose Gold membership,on top of fighting markets and fellow traders...

He had a dream...to get an allocation.
He stuck with it and in only one account he achieved it.

He achived his goal that he set for himself.

Yes it was costly and long, but he enjoyed the journey and improved his trading drastically.

I hope he doesn't visit this forum.
To feel the warm supoort of fellow traders.
Or he might wanna kill himself.


But....
Ya I wouldn't be holding on that long myself.

I'm now the proud owner of 4 DZ accounts. I've crammed everything I've got in 4 accounts.
The last one is waiting for me to come up with a solid gold trading plan.

I've been using my main acct like a demo and constantly changing pairs, EA's strategies etc and it's showing with a -4.5% return which reflected even worse on my Darwin. I've paid the 100K for it, so I need to bring that one back.

I'm planning to within 6 months have 5X100K accounts running smoothly without need to change strategies, so it can get constant stats.
If that happens, I'll have a little trading empurium sitting around to play with... just for fun.
That's how I'm looking at it..having fun doing my hobby and if it makes money, then all the better.
If it doesn't....nah, I'll make it work.

I like your thinking... Nice DZero Spread. After I get rolling I hope to add a 3rd and maybe 4th account and do the same. Play for some nice green shoots and hope for the occasional 'breakout' month. Between 3 or 4 accounts it'd be nice to get a 'jackpot' every couple months.

They advertise as open to all global regions without restriction but on sign up page over 20 countries (including mine) not available.
lol

Thanks. I was going to do one account at a time but it's faster to have 5. Instead of fine tuning everything to please the risk engine, I rather throw things at it to see what sticks. I usually can tell if something has the potential to stick by the end of the 1st month. If it doesn't, I'll just dump it and restart a new one until it works.

I was due. Took it in the shorts on CPI. In calibration DarwinZ clipped what should have been a 2% loss. Dariwn #2 has been on a losing streak but its actually pretty kool seeing all of my risk-management code work hands-off. I expected a possible consolidation after the streak my 2nd runner was on but CPI screwed me on its common pair currency. Lots of small losses which a decent win-streak can recover. Still nowhere near my fingers-crossed DD of <5% so still sailing.

Not a bad day at the office.

I was long and in profit on my SP500 trade when the CPI came out and actually got about $200 positive slippage on my TP.

DZero, will you be my Valentine? You've captured my heart

Forever yours,

-Sexy Expo

if I make 200 that would be super cool

my current rating in Darwin

#1 trader in Silver at the moment: FPJA

$160 investment and he's looking at over $5500 for his first paycheck. Bravo!!

Has anyone received this email from Darwinexzero?

I am at Darwinex Classic and I haven't received anything about this feature ever.It must be reserved only to Darwinex Zero customers.
Probably folks at Darwinex are tired of creating/closing 500 darwins every few weeks and are thinking this will incentivize people to keep their darwins active and not restart after every freaking drawdown they encounter.
As a side note,this 100k permanent allocation is very generous because achieving 100k Darwinia allocations on a stable/permanent basis is quite difficult.
How much they charge you for this feature?

Yes its Darwinex zero currently.

I think that is the idea to stop people constantly re starting, its a great offer.

1045 pounds
Permanent allocation

That's a lot.Unless you are confident in your strategy/experienced trader,I recommend to think twice.