Hey Xspurt. What was your claim? 40 pips per day on a starting capital of $10,000? At maximum allowed leverage of 50 to 1 that's 2.5 standard lots. Clearly, you can't go all in as you would be knocked out of your trade very quickly. For the sake of argument, let's go with 1.5 standard lots. That's $600/day or 6%/per day. You're trying to tell me that you can tutor a beginner to consistently average 6% per day?? Atticus, if one is attempting to average 6% per day, what kind of a draw down should they be prepared for?
Guess his ego couldn't handle the humiliation. He deleted his own system. Edit: Actually it has been changed to this: http://www.myfxbook.com/members/trade4you_brazil/mt4-iron1/554286 Notice that this is in fact a demo system. He isn't playing with real money on this big loss. http://www.myfxbook.com/members/trade4you_brazil
100%. The problem with these clowns is that their ego won't allow them to fantasize with a legitimate, achievable return. They must shoot for the fences.
What would you call legitimate, achievable return for a professional trader? And what maximum PTT DD makes sense to achieve that? I am really interested in your opinion as a professional. Thanks.
I did 10x my PTTDD from November (journal-ized) and I posted the blotters. I trade vol so I can't say much about a delta1 account as any returns from futures and shares that I trade are not dissected (hedges, outright spec, etc.)
Lol, 10x pttdd is already pretty retarded, few are even doing that, at 6% per day average, assuming any kind of volatility you're looking at ~30-50pttdd - drawdowns aren't measured in % terms, rather in # of days until blowup. That said, for fun, anyone think it's possible? Anecdotally there are small scale hft strategies claiming to run at these kinds of #s (though likely not lt sustainable). I mean, impossible is nothing, right?
Thanks. So say 10x+ PTTDD on a consistent yearly basis would be considered good average ROC by professional standards?
So we are expected to believe you who thinks its impossible to make a million over any time period it seems would actually Give away $100,000 to someone on the internet for simply proving they have? Your pathetic
that would be "you're" it's a contraction "your" implies possession no prob, a lot of us here don't speak "The King's" English