YM Magic!

Discussion in 'Journals' started by TheTrue1, Mar 7, 2017.

  1. Pekelo

    Pekelo

    #691     May 11, 2017
  2. bbpp

    bbpp


    Only 4 autotraders.
    This strategy has low DD and high return, but not too many people are interested.
    You know why?
    Because it is a martingale strategy.
     
    #692     May 11, 2017
    shatteredx likes this.
  3. Overnight

    Overnight

    Well, YM's 21087 was reached today. Hope all those Surf folks who tried to ride it short for 1,000 tics to 20087 are prepared for prepare for another wild for another 5 months to reach that magical 1,000 tic target. Start over!
     
    #693     May 25, 2017
  4. Millionaire

    Millionaire

    #694     Jun 4, 2017
  5. Buy1Sell2

    Buy1Sell2

    I don't understand the table. Didn't he wipe out on 4/20?? How was he able to keep trading?
     
    #695     Jun 5, 2017
  6. Pekelo

    Pekelo

    He went below the starting capital and on the same day below zero (definition of wipe out) in June. You are right, he should have been stopped by C2 or the broker, just around hitting zero. Nobody should be able to lose a little more than all of the capital... Right now it shows a -162% loss.

    He is obviously carrying a martingaled short position not shown among the closed trades yet. But that position should have been closed by C2 at least. I like the optimism of the 2 recent subscribers though...

    One review only:

    "04/20/2017 by an AutoTrader

    Must stay away from this system. Low return high DD, can blow out ur acct. 100% true. U can win $100 but lost over $10000. Check his history if u don't believe me. If u are current subscribers, turn off this model now while u still have funds in ur acct"
     
    Last edited: Jun 5, 2017
    #696     Jun 5, 2017
  7. algofy

    algofy

    Dear lord...the whole collective2 thing I just don't get.
     
    #697     Jun 5, 2017
  8. Millionaire

    Millionaire

    Greedy lazy suckers being fooled by randomness.
     
    #698     Jun 5, 2017
    Van_der_Voort_4 and algofy like this.
  9. Pekelo

    Pekelo

    Are we talking about hedge fund investors here? Because C2 is basically HF for the poor.
     
    #699     Jun 5, 2017
  10. JITF

    JITF

    Just switch to IB commission scheme, he is +100% with 71% drawdown. :) Drawdown shown on the system page is calculated using Typical commissions, so math exercise need to be done to calculate 71%.
     
    #700     Jun 5, 2017