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1000% Profit A Day

  • #21
  • Sep 10, 2015 7:13am Sep 10, 2015 7:13am
Quoting insomniawawa
{quote} 98% drawdown?
investment was $25 After i withdrawn $300 profit there had $25 balance in my equity gamble with that money just for fun but lost that's why showing 98% DD.
  • #22
  • Sep 10, 2015 7:17am Sep 10, 2015 7:17am
TE and MyFxBook's DD calculation is wrong how $25 loss showing 98% DD after i earned $300 ( 1000% ) profit ? its strange and it doesn't make sense.
  • #23
  • Sep 10, 2015 7:29am Sep 10, 2015 7:29am
Quoting GrowthHack
TE and MyFxBook's DD calculation is wrong how $25 loss showing 98% DD after i earned $300 ( 1000% ) profit ? its strange and it doesn't make sense.

They calculate drawdown from current balance and that's why it looks so scary If you left only $25 and lost it, 98% drawdown could happen.
  • #24
  • Edited 8:25am Sep 10, 2015 7:58am | Edited 8:25am
Quoting insomniawawa
{quote} They calculate drawdown from current balance and that's why it looks so scary If you left only $25 and lost it, 98% drawdown could happen.
I remember before i contacted MyFxBook to change this DD calculation based on total profit but they rejected my request.
  • #25
  • Sep 10, 2015 8:28am Sep 10, 2015 8:28am
Hi,
Can you reveal your Entry and exit criteria and how many positions etc in detail?
  • #26
  • Sep 10, 2015 10:30am Sep 10, 2015 10:30am
Quoting superzeeshan
Hi, Can you reveal your Entry and exit criteria and how many positions etc in detail?
entry and exit is based on news and SR but my simple logic works well with grid related ea,
all systems and eas are good if we apply in market with logic.
  • #27
  • Sep 10, 2015 10:56am Sep 10, 2015 10:56am
Quoting GrowthHack
{quote} entry and exit is based on news and SR but my simple logic works well with grid related ea, all systems and eas are good if we apply in market with logic.
How many 25 $ accounts blow before you catch a good move?
  • #28
  • Sep 10, 2015 10:59am Sep 10, 2015 10:59am
Hi GrowthHack, impresive results, I see many trades opened in the same trade area and the stair appearance of your trades makes me think that you may have written an ea that scales your position up as you are positive.

My guess is that you decide manually the trade, (looks like you have a good method for this), where to TP and where to get out, and then you let your ea make it's magic for you, scaling in until you are close to the TP.

I would like to know more about your money management, because as your open new trades and price rises, your SL should also be going up for keeping your MaxDD under control. Sure it has a lot of thinking behind, it would be awesome if you share this with us.
Live and Keep Calm
  • #29
  • Sep 10, 2015 11:05am Sep 10, 2015 11:05am
Quoting mvp77
{quote} How many 25 $ accounts blow before you catch a good move?
that $25 account taken 3 month to reach $300 ( 1000% ) this TE is take around 1 day to get this profit
my total loss is more than 10k in forex but that was before 2010

i understand the meaning of your question, this profit is not from single trade like two account hedge lol
  • #30
  • Edited 11:58am Sep 10, 2015 11:23am | Edited 11:58am
Quoting troneras
Hi GrowthHack, impresive results, I see many trades opened in the same trade area and the stair appearance of your trades makes me think that you may have written an ea that scales your position up as you are positive. My guess is that you decide manually the trade, (looks like you have a good method for this), where to TP and where to get out, and then you let your ea make it's magic for you, scaling in until you are close to the TP. I would like to know more about your money management, because as your open new trades and price rises, your SL...
strategy is not possible to see in statement
  • #31
  • Sep 10, 2015 12:03pm Sep 10, 2015 12:03pm
I was not thinking in your strategy, just your money management, maybe you have invented the new martingale and we can all profit from selling systems to noobs ;D (just kidding, respect)
Live and Keep Calm
  • #32
  • Sep 10, 2015 12:08pm Sep 10, 2015 12:08pm
Unbelievable Stuff. 1000% profit a day. You could do it with $25 in real
  • #33
  • Sep 10, 2015 12:15pm Sep 10, 2015 12:15pm
Quoting troneras
I was not thinking in your strategy, just your money management, maybe you have invented the new martingale and we can all profit from selling systems to noobs ;D (just kidding, respect)
No martingale or lot size increasing methods i used grid, but i dont think grid or anti grid / hedge strategy or any other ea can make money.
  • #34
  • Sep 10, 2015 12:45pm Sep 10, 2015 12:45pm
Quoting insomniawawa
{quote} They calculate drawdown from current balance and that's why it looks so scary If you left only $25 and lost it, 98% drawdown could happen.
That's right. I have micro account - started with $10 and increased it to $75 in about 6 weeks. But in the first couple of days I lost $5 - went from $15 back to $10, so it states maximal DD of 50%. But those $5 were my biggest loss - after that I never lost more than $3 (and I've never had 2 consecutive losses), but it still states that my maximal DD is 50%.
Shift happens...
  • #35
  • Sep 10, 2015 12:55pm Sep 10, 2015 12:55pm
There is no fixed strategy, it changes in time to time based on pairs, days, news .. etc
we have to take different action in different circumstances
  • #36
  • Sep 10, 2015 8:07pm Sep 10, 2015 8:07pm
Been following your thread for some time now. Really admired the way you trade. Your result is spectacularly AMAZING. You are like God of Traders.
You said that take different action in different circumstances. Mean we have to use different ea at different times?
  • #37
  • Sep 10, 2015 9:21pm Sep 10, 2015 9:21pm
Quoting flowerhorn
Been following your thread for some time now. Really admired the way you trade. Your result is spectacularly AMAZING. You are like God of Traders. You said that take different action in different circumstances. Mean we have to use different ea at different times?
some time we have to use different ea, some time we have to change trading style, even different strategy can only use in different pairs gbpjpy and audusd is not same tokyo market movement and london market is not same sideways and trend is also different .. but most of traders stick in one ea and one strategy that can give small return only.
  • #38
  • Sep 10, 2015 9:46pm Sep 10, 2015 9:46pm
Would appreciate to hear how you decide to use which strategy on different pairs at different times. How you decide when to change the strategy?

If you have only one advice, what is the most important idea/strategy to use?
  • #39
  • Sep 10, 2015 11:29pm Sep 10, 2015 11:29pm
Quoting flowerhorn
Would appreciate to hear how you decide to use which strategy on different pairs at different times. How you decide when to change the strategy? If you have only one advice, what is the most important idea/strategy to use?
sorry, i just widely explained different situations of market require different ea that doesn't mean we have to change the ea in every 5 minute

possible to earn big money from every strategy people are not deeply research in one method / system etc may be my simian palm is the reason, most of money making methods are very very simple but may be it takes many years to discover

your question

Quoting flowerhorn
which strategy on different pairs at different times. How you decide when to change the strategy?
simply i use one strategy in one or two pair with one or two ea at a time.
  • #40
  • Sep 10, 2015 11:53pm Sep 10, 2015 11:53pm
I see ... so you have discovered sort of "holy grail ea".

INHO money making methods may be simple and work but may need tons of patience to get the desired result. But in your Trade Explorer, it seems that you have something that works in the shortest possible time. Bravo! I guess you have poured in immense and great efforts to be able to get those excellent result now. Bravo!
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