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Over 70% in 6 months,,, possible ? Yes. Take a look :)

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  • #31
    Yes, I donīt expect it to go higher than 35%. These past 9 months, highest DD according to MyFxbook is around 29%. Highest intramonthly DD was in november 20% where I had some losses in a row. This is not a automated robot/ea working without control. All trades are manual and I go through and valuate them all before I place them. Been using this system and evolving as a trader for few years now, also backtesting my theories just to gain more confidence. But how can you make sure that your next trade will be a winner ? Or will you loose again ? What I have learned, is to stick to your trading plan and your trading rules. After the huge loss in the begynning of the year, I went solo and upped the risk on each trade to 1%. The results have been amazing, 116.9 % gain and 28.81% DD. Will it continue that way ? I am not dissillusioned by this and I will of course go on with my trading us usual. With growing account, I will reduce the risk on each trade and start the year with 0.5% risk on each trade. This is also psycological factor. You have to be able to withstand and endure your losses to be able to come back, like the period I had in november.
    But thank you NFX for pointing this out and I always work with my system and looking to make it better. As I am working on the higher timeframes, I have time to do some testing and time to look at how the different currency pair are working out for me. But the most important rule for me is to stick to the trading plan, find the right setups, donīt force a trade, donīt overtrade, donīt imagine how things can go, donīt let news and talking about this and that effect the trading. I sure will add to my trading plan the risk of exposure and calculate that in my trading.
    I wish you and your family a very happy Christmas and flourishing 2019.
    All the best for 2019
    Helgi
    https://www.myfxbook.com/members/HB_...-manual/914304

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    • #32
      Finishing Desember with 17.29% gain. So total for this year +119.82% and DD 28.81%.
      Just got news regarding the fund I mentioned few days ago. They have allocated 100.000.- EUR to start with. So this new trading year is going to be very exciting and I am also ready with subscription if you are interested.
      2019 will be the year when I start my own trading firm along with my old friend and partner (also a doctor in dentristry and a long time trader with forex) and also a banker that has good contacts and is important for client relationships.
      I wish you all a happy new year.
      All the best,
      Helgi

      https://www.simpletrader.net/signal/...nual.html.html

      https://www.signalstart.com/analysis/hb-manual/39400

      https://www.mql5.com/en/signals/498165

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      • #33
        85% DD. told you and looks like you took a big hit. You must control your losses.

        People should post into forums highlighting their success at how low they can keep their DD. PnL is secondary by product of good risk reward and win loss ratios. But most people dont want to see that and so they end up in the 90% statistic gtoup.

        Sent from my SM-N920I using Tapatalk

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        • #34
          The DD is from my copy-ing signals - as I have said before. I started on myself 1.april 2018 and highest DD in that period around 28%.

          Before that my account got crumpled as you can clearly see.


          Sent from my iPhone using Tapatalk

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          • #35
            Originally posted by nfx
            85% DD. told you and looks like you took a big hit. You must control your losses.

            People should post into forums highlighting their success at how low they can keep their DD. PnL is secondary by product of good risk reward and win loss ratios. But most people dont want to see that and so they end up in the 90% statistic gtoup.

            Sent from my SM-N920I using Tapatalk
            **The DD is from my copy-ing signals - as I have said before. I started on myself 1.april 2018 and highest DD in that period around 28%.

            Before that my account got crumpled as you can clearly see.


            Sent from my iPhone using Tapatalk[/QUOTE]




            Sent from my iPhone using Tapatalk

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            • #36
              Exciting year ahead and I resumed trading this week. One day earlier than I planned since I saw this setup on WTI that I could not resist. Anyway. Back to business as usual. My company is now setup and registrated here in Iceland. We have come to an agreement with a offshore fund, with an icelanding manager, and they have started by allocating 100k in EUR to our trading. I am confident that they will be happy with this move in the future as this will diversify their portfolio. This is a big step for me and my company. And it is good to have the structure around this work and the support around it, as we are now a team of 3.
              You all know the history of the master account. In March last year, it was a Do or Die situation. I had to decide weather to just quit this "forex nonsense" (I guess you have had this conversation with sooo many people) as the account went from 55k to little over 10k. I wanted to save my account and from 1.April 2018, only relied on my trading. Now the account is at a respectible level, little over 30k. Please not that the risk on each trade will be 0.5% instead of 1% that I used in 2018. I have also attached a small slave account, 7300 USD, to the master account and the slave is copying trades at 0.25% pr trade. This is to build a new history on a new account.

              http://www.myfxbook.com/members/HB_I...-manual/914304

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              • #37
                Sorry, but this is how really looks your account my friend, DD is more than 80% and you are in loss about $8000

                why you don't show this, instead you show a fake result (you have changed the report settings on Myfxbook to show results from a selected period)

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                • #38
                  Originally posted by HBLoooK View Post
                  Sorry, but this is how really looks your account my friend, DD is more than 80% and you are in loss about $8000

                  why you don't show this, instead you show a fake result (you have changed the report settings on Myfxbook to show results from a selected period)
                  He has already commented on this before.
                  Please restrain comments that are hurtful and demeaning and accusatory of one's character. Especially on a public forum when you probably haven't taken time to assess this trader or his thoughts about his goals, his trading, and the pressures he must manage.
                  “Learn from your mistakes and do not give up!”

                  Outside the Box - Myfxbook
                  Outside the Box - SimpleTrader Trade Copying

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                  • #39
                    I think that HS2013 did a great job and I really appreciate that he has shared his trading on this forum. Every professional trader knows how hard it is to perfect strategy, which involves several losses. But loss means that trader is on a right learning path which will lead him to success next time

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                    • #40
                      Now that your equity is back to about breakeven, are you going to close all the positions, re-analyze your trading/strategy and keep going.
                      Put the edge in your hands.
                      Crypto MarketMaker Robot
                      Github - Contact for Verified Trading History

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