EXPERT FOR A PAMM ACCOUNT - page 12
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fozi, you should take profits as sllawa3 advises. I've already been there once, when I was a few pips short to put the whole account into 0.
Question to sllawa3: do you have statistics on what percentage of your investors lose their entire deposit without taking a single profit or
or get their initial capital back?
strange as it may seem but there have been no losses from the Expert Advisor to date, not to mention the losses on the accounts of my investors (except when I opened positions with my hands) Well, at the expense of a few pips before the loss is far from it ... there was a drawdown on this and several other accounts, no doubt (up to 40% of deposit) but then again for the reason I mentioned ...
Right. Account 1620961 sell 2 lots on EURUSD from 9 September 13:40 to 10 September 15:45. The account had a balance of $2228 at the time. The drawdown was 101 pips (i.e. 2020+sweep 18.96=2038, i.e. over 91% drawdown). There was no stop and we were several points short before we were drained.
But this is not the point. I investigate the possibility of such an investment tactic: put a small amount and often withdraw profit, as the drawdown is inevitable in your game. It's just a matter of time. But if you withdraw enough profit in general, then fuck it, the occasional lost depo. That's what interests me and I'd appreciate honest statistics.
Statistically you'll still be at a loss. We're talking about the first time you may be in the ++ position before we lose, but it's a matter of luck.
If you have a negative GDF, then no MM will not pull the TS to the pluses.
And in general, if the MO is negative, no MM will pull the TC into the pluses.
I think sllawa3 gave some statistics at the beginning of this thread and the MO is positive. But statistics is one thing, and real work is another. For example, sllawa3 has not lost a single lot on some account, although he almost lost all his depo along with the profit. This time it was lucky, but I assure you that if you continue to wait for losses without a stop loss this way will inevitably lead to a crash. That's how the Americans put all their investors' dough in. However, in the beginning there may be very bright prospects. Here comes to mind the parable of a poor man and a casino: he had a friend and decided to try his luck at the casino and, oh my god, he was always lucky and now his $1 has turned into $10,000. And at the end, he thought, since I was so lucky, I put everything and ... When he came home, his wife asked him: "Where were you?", "At the casino.", "How did it go?", "Aa... I lost $1" - the poor guy answered.
So, many traders lure investors with the fact that they almost win big sums. And it is no secret for experienced people that they achieve this by taking small profits with a huge stop loss. And since so many traders play this way, there is a temptation to initially place an amount to lose. But, since for 50-100 trades there is one (but huge) moose, then if often enough take profit, playing with high risks, it seems to me that the probability of withdrawing its initial capital is quite high, and then the game is already on the earned profit, and even if the money is lost, it will be like in that parable. I think it's not hard to derive a formula for this probability. If I do, I will post it on the forum.
fozi, you should take profits as sllawa3 advises. I've already been there once, when I was a few pips short to put the whole account into 0.
Question to sllawa3: do you have statistics on what percentage of your investors lose their entire deposit without taking a single profit or
or get their initial capital back?
Too late, mate, too late...
>> it's too late, mate, too late.
and it was off to a good start, I've been following this account. So was it micro or ........?