LWTrading Verified real account
Do you have buy and sell positions open at the same time?
Seems like a good set of results - is there any hedging, or is it just daytrading?
After an initial strong upward graph till start of august, this account touched that peak one time and crossed it this year in march. Max drawdown is very high. It looks like a little tweak in strategy is needed.
Statement doesnt show signs of hedging. Also description tells that it is a PA based strategy.
The stats for the drawdown is 8.64% so that seems one of the lower dds in the signal services - where are you reading that max drawdown is very high?
Just curious CFXsignals, where did you get 8.64% DD. On the top of this discussion page, http://www.fxstat.com/en/forum/discuss/LWTrading-10783 I see a DD of 37.58% and on the main page http://www.fxstat.com/en/performances/view/LWTrading-10783 I see a DD of 37.5%.
Also I wonder what is Abs Drawdown: 3.91% and why is it so much lower?
If you are going to follow my signals from my ATC live account, please trade very conservatively. The slow and steady wins the race.
Absolute Drawdown is low because overall balance went down very little below initial deposit.
Originally posted by wealthsecrets
Just curious CFXsignals, where did you get 8.64% DD. On the top of this discussion page, http://www.fxstat.com/en/forum/discuss/LWTrading-10783 I see a DD of 37.58% and on the main page http://www.fxstat.com/en/performances/view/LWTrading-10783 I see a DD of 37.5%.Also I wonder what is Abs Drawdown: 3.91% and why is it so much lower?
Absolute drawdown is difference between the initial deposit and minimal level below the deposit.
Maximum drawdown is the maximum possible loss or loosing streak before you gain some profit. In other words it can be defined as "difference between one of local upper extremums of the balance graph and the following lower extremums"
Originally posted by CFXsignals
The stats for the drawdown is 8.64% so that seems one of the lower dds in the signal services - where are you reading that max drawdown is very high?
Max drawdown is taken from the Max drawdown written under "Related Statistics" Section. How did u get 8.64%?
I dont know how the FXStat to calc the drawdown, but I think the drawdown should be under18%.
Please check this link:
http://www.myfxbook.com/members/trade4hapi/spytrader/320952
Originally posted by wealthsecrets
Just curious CFXsignals, where did you get 8.64% DD. On the top of this discussion page, http://www.fxstat.com/en/forum/discuss/LWTrading-10783 I see a DD of 37.58% and on the main page http://www.fxstat.com/en/performances/view/LWTrading-10783 I see a DD of 37.5%.Also I wonder what is Abs Drawdown: 3.91% and why is it so much lower?
Let money never sleep!
Are you still sending signals via FxStat? I was following you but for some reason the signals are not coming in.
Thanks.
Mike
If you are going to follow my signals from my ATC live account, please trade very conservatively. The slow and steady wins the race.