Hi! I receive a very large number of questions and it is very difficult for me to answer the same thing every day, so I decided to write an article to answer popular questions and save your time without waiting for answers from me to read about everything in this article :).
Question: How much can I earn in a month?
answer: no one can tell you such figures..we are not masters of the market to know how much profit you can get in a month or two..
if someone guarantees you a profit, don't believe it.. even banks cannot guarantee you a profit on an annual percentage..
and every honest investment website always has a risk warning..because this is the law of investment..
often you can see super descriptions of that product..yes, he's so super.. unreal..incredible.. they almost give you a guarantee..
I advise you to be careful with such authors, they use psychology and inexperience of beginners..when you see that the drawdown of such products is 70%, it does not look like reliability..
Question: well, roughly tell me what I can expect by buying one of your products?
(yes, so often there are dialogues you answer, but they want a different answer)
answer: approximately if you are interested, you can run a strategy tester with my advisors and see how much you can earn on historical data..this is the only forecast ..but this is a forecast without guarantees..
Question: Well, how much does your ADVISER earn in the strategy tester?
Answer: please test the product you are interested in, there is nothing complicated about it :)... I can't do a lot of tests in a month.. a year..two and answer such questions, and how much was in a month..for two for three in the strategy tester..most users make decisions based on signals or tests in the strategy tester.
Question: what risk should I put in order not to exceed the drawdown of 5%?
(THIS IS A FREQUENT QUESTION)
Answer: there is a strategy tester for this, only he will tell you.. put the deposit you are interested in.. risk and running the test, look at the report what was the maximum drawdown in percentage during the testing period.. it's all a lot of time and the author can't know the exact numbers..moreover, no one knows when trading on the account may exceed the historical drawdown..you are testing and the drawdown in the tester for 10 years did not exceed 5% and after 7 months of trading you have a drawdown of 7%.. therefore, no one will tell you exactly what drawdown can be because the market is an unpredictable thing, we can only control the lot size..all you can control is the risk.. and if you see that you don't like the size of the losses..then reduce the risk.. that's the only way..
Question: Is it normal for your adviser to have losing trades for three days?
Answer: if you run the strategy tester, you will see that this is normal..there are no unprofitable transactions.. if the author or adviser never closes unprofitable trades and waits until they close in a plus.. it so happens that only positive transactions..but it doesn't look like a reliable trading strategy..if you do not close unprofitable trades at the time and allow them to grow indefinitely, then you will eventually lose all the money..
Statement: I lost a lot of money yesterday using your advisor! I am very upset!
I ask: how many points of loss?
answer: 30 points.. I lost $500..
my answer: and I lost $3 yesterday because I traded 0.01 lots.. if you put a lot of risk, then your loss may amount to $ 30,000..
if you have a lot of 1000 ... you will lose 30,000 in case of a losing trade, and I'm only 3 because I have 0.01 lot.. and each of us can control the risk (lot size) if for you one losing trade seems to be something big in the form of a loss, then you are putting too much risk..
the higher the risk, the higher the potential income, but also the potential loss if the market is against us..this applies to all Expert Advisors, there is no other way that you are setting a high risk and have a small loss if your stop loss is 20-30 points.. but if you set the optimal risk, it is much easier for you to perceive unprofitable trades..
they are part of trading and it is difficult to make trading profitable without them.. losses are normal..the most important thing is that profitable transactions cover them and allow your deposit to grow.
Statement: I lost a lot of money yesterday using your advisor! I am very upset!
I ask: how many points of loss?
answer: 30 points.. I lost $500..
my answer: and I lost $3 yesterday because I traded 0.01 lots.. if you put a lot of risk, then your loss may amount to $ 30,000..
if you have a lot of 1000 ... you will lose 30,000 in case of a losing trade, and I'm only 3 because I have 0.01 lot.. and each of us can control the risk (lot size) if for you one losing trade seems to be something big in the form of a loss, then you are putting too much risk..
the higher the risk, the higher the potential income, but also the potential loss if the market is against us..this applies to all Expert Advisors, there is no other way that you are setting a high risk and have a small loss if your stop loss is 20-30 points.. but if you set the optimal risk, it is much easier for you to perceive unprofitable trades..
they are part of trading and it is difficult to make trading profitable without them.. losses are normal..the most important thing is that profitable transactions cover them and allow your deposit to grow.
