Ranking System
Posts: 836
Member since: 16/05/2011
No of followers cannot be the only base to rank systems. It will ruin ranking of new systems with excellent performance. I think No of followers can be a factor with minor share in overall ranking calculation.
I think main factors which will affect ranking should be
Average weekly(or monthly) profit
Average weekly (or monthly) Pips
Drawdown
No of Days
Months ending in profits
Capital of signal provider.
What do u think?
Posts: 150
Member since: 29/09/2011
The max. DD. in comparatively to the monthly retun like on Zipsignals is a good
For example
A) monthly return 2% and max. DD 1,5%
B) or monthly return 10% and max. DD. 20%
Although A is better than B,most would choose B because the high return
BUT when u use for A the x5 Lot-Size
u have monthly 10% with just 7,5%
Posts: 939
Member since: 21/04/2011
Originally posted by SebastianThe max. DD. in comparatively to the monthly retun like on Zipsignals is a good
For example
A) monthly return 2% and max. DD 1,5%
B) or monthly return 10% and max. DD. 20%
Although A is better than B,most would choose B because the high return
BUT when u use for A the x5 Lot-Size
u have monthly 10% with just 7,5%
That is why fxstat will need to carefully weight all factors while making an overall ranking. This weighted ranking can be calculated after maybe poll or some research.
Stick to your rules
Posts: 734
Member since: 22/04/2011
Originally posted by SashaNo of followers cannot be the only base to rank systems. It will ruin ranking of new systems with excellent performance. I think No of followers can be a factor with minor share in overall ranking calculation.
I think main factors which will affect ranking should be
Average weekly(or monthly) profit
Average weekly (or monthly) Pips
Drawdown
No of Days
Months ending in profits
Capital of signal provider.
What do u think?
Another important factor will be trading style.
The good or ill of a man lies within his own will. – Epictetus