A draining trend of the Championship. - page 6
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Secondly, everything is very subjective. I know a lot of traders or investors who don't want a trading system or Expert Advisor at all, with guaranteed profits for a year or their whole life, but with minimal risk. They do not consider Forex for that at all. For a more reliable investment there are many other ways (I'm not going to tell you them). Forex will always remain a RISKy market! So why try to make money on this market with a minimum percentage. You need to take advantage of the advantages of Forex, not its disadvantages. I know people who invest their money in Forex trading. As a rule, it's far from their last money. They deliberately give this money to Forex for a HUGE interest, bearing in mind all the risks of investment. And they insist that the risk and interest are MAXIMUM, and the period of investment is MINIMUM.
It's better to go to a casino with such thoughts. Imho of course.
By the way, someone will be left with 40 thousand dollars after the Championship, and you will be left with your thoughts... :))
And Sorres, and all those who have earned BIG money on Forex, were lucky to be there in the first place. Their big earnings were not the result of long and reliable trading, but lightning-fast operations on the currency market with big risk. Sure, there have been bankrupts among them, but not those who dream of secure trading.
And with the sums that many Forex traders "operate" with there's nothing to do in a casino at all.
What matters is not the motives of Forex trading, but the fact that the person has joined the company of Forex traders. Therefore, he automatically becomes one of us.
But seriously, there is a suggestion to Renat regarding championship reports. Apparently, this will be at the end of the championship. At the end of the Championship we need to test the Expert Advisors again on the same period of time as the Championship was held and find out how the EAs worked in the Strategy Tester and in real trading on the same period of history. Are there any differences and what are they. I.e. reveal the inconsistencies and show the difference between the real and the tester. With analysis of characteristic moments. I think it will open your eyes to many things. And the fact that there will be a difference, I think few doubt.
I support it with all my limbs. What a great idea! As for the championship - I think Anatoliy deserves the consolation prize.
Forex is a place for intellectual games, if I may say so. And a person who enjoys "playing" Forex will not go to a casino. And a person who goes to the casino will not strain his brain on Forex.
What matters is not the motives of Forex trading, but the fact that the person has joined the company of Forex traders. Therefore, he automatically becomes one of us.
As for statistics, I would suggest making a file available with the maximum possible amount of information on performed deals, and everyone will make his own analysis - the one he wants. This does not cancel reviews made by anyone and illustrating personal views of the reviewer, but I would like to be able to look at the world for himself, not through the eyes of Senkevich.
But seriously, there is a suggestion to Renat regarding championship reports. Apparently, this will be at the end of the championship. At the end of the Championship we need to test the Expert Advisors again on the same period of time as the Championship was held and find out how the EAs worked in the Strategy Tester and in real trading on the same period of history. Are there any differences and what are they. I.e. reveal the inconsistencies and show the difference between the real and the tester. With analysis of characteristic moments. I think it will open your eyes to many things. And the fact that there will be a difference, I think few doubt.
this is exactly what I already suggested - https://www.mql5.com/ru/forum/51312
as Renat said, "It can and must be done".
so let's wait and hope...
The German seems to be firmly entrenched in front of me, now I'm waiting for the Bulgarian :)
Well, he's finally got a foothold in the lead!
It's going to be very hard to beat him now...
Where's the one vixenme who was interviewed? She has just over $3,000.
Now I`m watching Expert Advisor Hendrick with the same thrill. His balance after the first week of the Championship was already over 18 thousand. Now it is a little over 21 thousand. The growth during the last three weeks is more than a modest stability. I wish he were stable enough for the entire competition period. We have to follow the example of somebody in Expert Advisor writing. :))
I have an interesting idea.
Why Experts during the Championship easily reach the balance level of 20-25 thousand and then faces some level of resistance? After the first week of the Championship many Experts have quickly reached this level. And now, there are Experts who can easily jump to this level starting from 10 thousand in a couple of trades. And then they go up to the level of 20-25 thousand.
I think it has to do with the size of the allowable lot at the Championship (5 lots), the number of open positions simultaneously, some corridor width of the set limits and the movement of currencies. This is like the range of ballistic missiles. And the initial deposit is the reference point.
There are mathematicians on the Forum. Can they calculate the correlation between the "resistance level" of Balances, which is now in the range of 25 thousand, and trading limitations at the Championship? If trading with 10 lots would be allowed, what would be the level of the corridor of quickly reached Balance?
The answer to this question may give some food for thought as to the size of lots, number of positions and profitability of monthly Forex trading.