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Steady_Gain Verified demo account

The performances on FxStat are verified automatically without any human interference. The verification is made possible by means of an Expert Advisor (FxStat Bridge) that runs on the user's MT4.

When a user decides to share their performance, the data is transferred from the user's MT4 terminal to the performance page on FxStat, and this data is processed in different ways into the charts and numbers that you can see on the Statistics page.

Each broker has two types of servers, Real and Demo. When the terminal is connected to the broker's server, FxStat bridge (Expert Advisor) can identify whether the account is demo or real.

Please note: FxStat.com works as a platform where traders in the community can share their performances, follow each other's trades, compare and discuss performances and strategies as well as other topics. We are not associated with any community members or performances, so if you have any question on any performance, you should ask its owner directly, or seek the advise of the other community members. We do not guarantee that past results will be indicative of future results, and returns may vary due to the markets conditions. It is your own responsibility to perform further due diligence that may include and not limited to requesting more information such as Broker name, leverage, account size, trading style and any other information suite your requirement from the performance owner directly.

nileshpatel22

Score

Score is the weighted average value of all the scores - experience, risk, discipline, return and scalability.

FxStat defines 'Risk' as the maximum a portfolio or a holding may lose in one day with a confidence of 95%. So for example, if the risk of a portfolio is set at 3%, then we can say with 95% confidence that the portfolio will not lose more than 3% of its capital on any given day.

Experience: The more days a trader trades in a year the higher the experience score achieved. The maximum score achievable is 10, for having traded on all 264 tradable days of the year. For each tradable day that a trader does not trade, will loose a 0.038 score.

Risk : The weighted average of the standard daily deviation and max. drawdown.

Discipline: A measure of how disciplined a trader is to his trading strategy. This is found by looking at the distribution of a trades.

Return: weighted average of last 12 month return, probabilities and rations.

Scalability: An assessment of whether a trader is still profitable if he earned 0, 4, 8, 12, 24, 35 pips less on each trade. If the trader is still profitable with the reductions applied then a higher score is applied to scalability value.

28.6
out of 100
Experience
2.6
Risk
4
Discipline
7.6
Getiri
4.3
Scalability
2

VaR 95%

6.6%
1.43% min VaR
7.09% max VaR
Performance History (987) SymbolsRiskDrawdown
Grafik: BüyümeBakiye Profit vs Pips
Açıklama:
Dear Traders, 1 -Market nature is cyclical, there will be a time you earn money and time you lose money. It's not possible to have 100% winning system. System with strong winning ratio will also have strong moment of loss some time. e.g. if my system made money in first few weeks of month and lost in last two (in case if you join last two weeks) Please be reasonable. Earning will come in long run. 2 - My system has been profitable and I have profitable months in past with real money. I would advise to invest for couple of months before criticizing system. 3- Using proper leverage is must for every trader in forex. so don't overtrade and provide minimum 1000 USD for every 0.01 lot size.
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