100% winning rate of 10000 deals in 100 days

Discussion in 'Journals' started by Hardison, Dec 7, 2022.

  1. Hardison

    Hardison

    #81     Dec 8, 2022
  2. Hardison

    Hardison

    #82     Dec 8, 2022
  3. Hardison

    Hardison

    #83     Dec 8, 2022
  4. DevBru

    DevBru

    There is never a 100% probability of profit. There is a reason why he isn't willing to show open trades :).

    And i am absolutely not ignoring position size. He makes about $1.5 on 0.15 TP, on a $100 account, that means the same position size with a 5.00 DD means 50% of the account is in DD and he had multiple of those trades, some even 7.00, as you can see by his statements.

    So he is willing to risk well over 50% to make 1.5%.
    Such system isn't sustainable on the long run, never.
     
    #84     Dec 9, 2022
    billv, Hardison and p0box4 like this.
  5. p0box4

    p0box4

    He could very well be closing his losing trades but just all at the end of the day since he is sorting his trades on closing time, he could just leave those out since he isn't showing anything else like account balance etc, but then again since his statements sometimes show positions he carried for multiple day's with huge DD it seems like he is hodling them.

    If he was serious he wouldn't be posting stupid meaningless statements like these, he would be posting overviews of his performance, including DD etc, or he would have linked his account to MyFxBook or something like that.

    What he is posting here means absolutely nothing, since he could be filtering out everything he doesn't want to show, there is zero transparency here.
     
    #85     Dec 9, 2022
  6. TrAndy2022

    TrAndy2022

    Just do not get it that he is trading 0.01 lots, so is there that huge drawdown that you cannot trust this or is he so small that cannot afford to trade 10 lots at least ? Why is he not compounding at least to trade his account to 10000% return in that time ? Only that many very tiny small profits is just not worth the space here on this Forum.
     
    #86     Dec 9, 2022
  7. Rams Fan

    Rams Fan

    You'd be surprised how small and tiny are many of the HFT profits. But pennies add up. And up and up and up.
     
    #87     Dec 9, 2022
    Hardison likes this.
  8. rb7

    rb7

    Lol...HFT don't trade 0.01 lots, and not with a 100$ account.
     
    #88     Dec 9, 2022
    p0box4 likes this.
  9. Rams Fan

    Rams Fan

    Thanks for playing.
     
    #89     Dec 9, 2022
  10. hilmy83

    hilmy83

    The wonders of OTC hedging. No way to pull these moves with FIFO rules. That's why these guys love cfds/forex.
     
    #90     Dec 9, 2022
    Hardison likes this.