Why don't they take the pips away from the champions? - page 15
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You should write detectives, or better yet, fiction:)
>> bars in history 1188
Ticks modelled 27364
Modeling quality 90.00%
Chart mismatch errors 0
Initial deposit 1000.00
Net profit 5017.86
Total profit 5309.99
Total loss -292.13
Profitability 18.18
Expected payoff 0.48
Absolute drawdown 709.24
Maximum drawdown 2471.28 (41.18%)
Relative drawdown 80.87% (1741.01)
Total trades 10349
Short positions (% win) 10349 (97.65%)
Long positions (% win) 0 (0.00%)
Profitable trades (% of all) 10106 (97.65%)
Loss trades (% of all) 243 (2.35%)
Largest
profitable trade 0.53
Deal Deal with loss -1.90
Average
0.53 profitable trade
losing trade -1.20
Maximum number
Continuous wins (profit) 10083 (5304.26)
Continuous Losses (Loss) 241 (-291.81)
Maximum
Continuous Profit (number of wins) 5304.26 (10083)
Continuous loss (number of losses) -291.81 (241)
Average
continuous winnings 5053
continuous loss 122
this is for half a day (today)
Bars in history 1188
27364 ticks simulated
Modeling quality 90.00%
..................................
...........
Continuous loss (number of losses) -291.81 (241)
Average
Continuous loss 5053
continuous loss 122
that's for half a day (today).
Ohhhh...
Fantastic! :)
Ohhhh...
Fantastic!:)
>> Exactly... And when you consider that there's only about 10,000 transactions in a half day. I think that's the kind of thing that gets an IP blocked for EVERYTHING!
Exactly... And if you consider that the transactions for half a day is only about 10,000. I think that's why you get your IP banned forever.
That's what I'm saying... sad as it is... but brokers and not the DTs on the contrary welcome it... so, the interbank is needed directly...
SO WE'LL HAVE TO DO WITHOUT SCALPING FOR NOW...
1,577 bars in the history.Modelled ticks 97025
Modeling quality 90.00%
Chart mismatch errors 0
Initial deposit 1000.00
Net profit 10651.86
Total profit 30996.27
Total loss 20344.41
Profitability 1.52
Expected payoff 43.48
Absolute drawdown 232.03
Maximum drawdown 4764.41 (48.19%)
Relative drawdown 56.96% (1016.48)
Total trades 245
Short positions (% win) 114 (73.68%)
Long positions (% win) 131 (69.47%)
Profitable trades (% of all) 175 (71.43%)
Loss trades (% of all) 70 (28.57%)
Largest
profitable trade 1 473.33
Deal Deal with loss -3298.35
Average
177.12 profitable deal
losing trade -290.63
Maximum number
Continuous wins (Profit) 12 (1499.98)
Continuous Losses (Loss) 4 (-398.72)
Maximum
Continuous Profit (number of wins) 4285.24 (9)
Continuous loss (number of losses) -3298.35 (1)
Average
Continuous Profit (number of losses) 4
continuous loss of 2
2 DAYS
I SERIOUSLY DOUBT THAT DTS LIVE OFF THE SPREAD AND THAT IT'S NOT IN THEIR POCKETS THAT THEY ARE LOSING MONEY...
In my opinion, you misunderstand the situation somewhat. I will try to explain)))
There is an impression,
I have an impression, that all who are against so-called Pips players (no one defines it exactly, except the organizers of the Championship) are the employees of the Kitchen DC or those who support them.
In the opinion of such DCs it is against all rules.
Exactly, the employees of the Kitchen DCs are against it, because your profit goes out of their pockets. But still, the championship is not an indicator of the conditions of the kitchen DCs, but the indicator of normal DCs. So, all normal brokerage companies increased spreads after the increase of volatility, because normal brokerage companies earn from spread, not from client deposits. After all, higher volatility leads to higher client earnings, because it is easier to earn more money on more volatile markets. Correspondingly, if clients have higher earnings, the brokerage companies want to earn more. For example, if EURGBP used to go plus or minus 10 points and spread was 2 points, now it is going plus or minus 40 points and spread should be 8 points. You can understand BCs - they want to earn more just like we do. So if the brokerage company does not increase the spread, it means that it is not interested in earning from the spread and it earns from something else. Show me a DC that currently has a EURGBP spread of 2 pips and even more so at night?
Why then shout that we have low spreads, instant execution of trades, withdrawal of all trades to the market.
This is the usual advertising ploy of unscrupulous brokerage firms. I have not seen that for a long time. Usually that's what those who don't do it shout - kitchen DCs)))))
Managed forex brokerage companies are not scalpers - they are mediators between client and market. Because they will not let you (or any of us) with $100. They will not even let you in with USD 1000. The interbank spreads have not been like that for a long time now - they are much bigger there. The more lots - the bigger spread, if you know about it. So, normal brokerage companies earn from the spread - they must be interested in winning for the client. To do this, they have to hedge your trades on the real market, so that your earnings do not come out of their pocket. In order for them to hedge your trades - they need some time. Not only that, but they cannot hedge a trade of 0.01 lots on the real market. For that, they have to aggregate all such small trades into one large one and already hedge it in the market. And if your deal lasts a short time, you have to understand that they did not have time to hedge it, and if you have earned, for example, 20-th lot of 5 points, then $1000 of your earnings went out of their pocket (from their spreads). I think if you have your own brokerage company, you would not like it. That's why normal brokerage companies do not like short targets with large lots and short hold. Of course, if the brokerage company is able to hedge immediately a trade - it doesn't matter. But not all brokerage companies have such possibility. Of course, many brokerage companies set a certain threshold of transaction volume that they output to the real market. And everything smaller than this threshold - everything is inside brokerage company. Statistically, most of clients with small deposits lose, so brokerage companies survive.
It is up to them to change rules or not.
Of course this is solely the prerogative of the organizers and no one argues with that.
Well, we have not been informed in advance that the market will increase its volatility. At least we didn't get such letters )))). It happened and we have to use the real conditions. An EA has to trade in real market conditions for 3 months without readjustment. The conditions may change. Here is what the rules say.
That is why, when the market volatility has increased and trading conditions have not changed, the bias has shifted in favor of scalpers - high volatility + small spreads only help them. I think it's clear why. But others, such as Gorez, Cronex, Liliput, etc., have not a significant role in the final profit, but high volatility in the absence of a trend plays a negative role and they stand still or rise slightly. If trading conditions were not so tilted towards Pipsers, and there were real conditions, everyone would be in the same conditions and we do not know yet if Pipsers would gain as much profit as they do now. And Renat himself wrote -
Like last year, the minimum stops automatically adjust to the market volatility. Another thing is that we had very good conditions on spreads and pullbacks. Especially with the fully automatic quoting.
The bank sells shares and lives off the spread!
of course they buy stocks for a lot of money
and people stand in positions sometimes for several years!
the bank does not live off the spread! the bank does not have such an item of income
all transactions are made on the real market!
---
the bank works with the stock exchange
buying shares to sell to customers! but puts its own spread which always exceeds the market price
(of course it buys exactly as much as it's going to sell to customers)
and sells exactly as much as he is going to buy from the clients
if the bank for some reason could not sell shares to customers or could not sell purchased shares
it will get rid of them another day - so it won't go on the stock exchange
and there are always clients...
the custody arrangement is the client does not deal directly with the market
---
if a client simply trades through a bank, the bank grants the client access to the market.
The bank simply charges a fee (for the service) and the order is passed on to the real market.
The bank cannot take a profit if the client is in the red!
the bank cannot take a profit if the customer has lost profits or closed with a negative balance.
the bank has no possibility of NOT taking the money to the market!
---
it is true that the amount of such transactions is quite high
minimum profitable amount will be from 1000$-2000$
and higher
the deal is sometimes hundreds of thousands of dollars
---
The bank sells shares and lives off the spread!
of course they buy stocks for a lot of money
and people stand in positions sometimes for several years!
the bank does not live off the spread! the bank does not have such an item of income
all transactions are made on the real market!
---
the bank works with the stock exchange
buying shares to sell to customers! but puts its own spread which always exceeds the market price
(of course it buys exactly as much as it's going to sell to customers)
and sells exactly as much as he is going to buy from the clients
if the bank for some reason could not sell shares to customers or could not sell purchased shares
it will get rid of them another day - so it won't go on the stock exchange
and there are always clients...
the custody arrangement is the client does not deal directly with the market
---
if the client simply trades through a bank, the bank grants the client access to the market.
The bank simply charges a fee (for the service) and the order is passed on to the real market.
The bank cannot take a profit if the client is in the red!
the bank cannot take a profit if the customer has lost profits or closed with a negative balance.
the bank has no possibility of NOT taking the money to the market!
---
it is true that the amount of such transactions is quite high
minimum profitable amount will be from 1000$-2000$
and higher
the deal is sometimes hundreds of thousands of dollars
---
IMAGINE THAT, FOR EXAMPLE. YOU HAVE DECIDED NOT TO OPEN A BANK BUT A BROKERAGE HOUSE... THE ONLY THING YOU NEED IS TO SET UP A SERVER AND SIGN A CONTRACT WITH A BROKER FOR QUOTES DELIVERY (JUST OPEN AN ACCOUNT WITH DIRECT ACCESS TO THE INTERBANK ... ...JUST TO GET QUOTES...) WITH A MINIMUM DEPOSIT OF 2,000 BUCKS. 2,000 QUID DEPOSIT... (WHICH, BY THE WAY, YOU WILL SAVE WITH INTEREST) AND THEN YOU ARE THE BANKER ... COLLECT TRADERS' DEPOSITS AND MAKE SURE THAT THE DEBIT IS ALWAYS HIGHER THAN THE CREDIT... AND OF COURSE THE DEBITS GO ONLY TO YOUR POCKET AND NOT TO SOMEONE ELSE'S... IN A WORD YOU ARE THE MASTER OF THE ROULETTE WHEEL
That is why the spread will not be floating during the contest. How can we then prove that the order closed with a profit within the spread? At what point do we take the value of the spread?
This is really a very subtle moment!
Guess with what takeaway to count exit outside the spread! And with what takeaway to count that there was no exit when the spread was DYNAMIC!
---
dynamically can move freeze levels and stop levels
which is enough to kill the possibility of taking short targets!
---
but a lot of real dealers work on floating spreads
many have moved the freezes and stops and increased the spread - so it's hard to respect the real conditions in the Championship... without breaking the original rules
---
but Prizmal, Strelec and other forex with small targets do not violate the rules
and they have been tested!
it would be unfair to dismiss them as possible runners-up and not pay them the prize they are supposed to win.
The rules may be changed, but next year
but it should still be in harmony with the rules of most dealers
IMAGINE THAT, FOR EXAMPLE. YOU HAVE DECIDED NOT TO OPEN A BANK BUT A BROKERAGE HOUSE... THE ONLY THING YOU NEED IS TO SET UP A SERVER AND SIGN A CONTRACT WITH A BROKER FOR QUOTES DELIVERY (JUST OPEN AN ACCOUNT WITH DIRECT ACCESS TO THE INTERBANK ... ...JUST TO GET QUOTES...) WITH A MINIMUM DEPOSIT OF 2,000 BUCKS. 2,000 QUID DEPOSIT... (WHICH, BY THE WAY, YOU WILL SAVE WITH INTEREST) AND THEN YOU ARE THE BANKER ... COLLECT TRADERS' DEPOSITS AND MAKE SURE THAT THE DEBIT IS ALWAYS HIGHER THAN THE CREDIT... AND OF COURSE, THE DEBITS WILL ONLY GO INTO YOUR POCKET AND NOT SOMEONE ELSE'S... IN A WORD YOU ARE THE MASTER OF THE ROULETTE WHEEL
I'm talking about the bank!
The bank has no possibility of NOT taking the deal to the market!
The banker will not pay the fees and commissions.
and pay the spread!
---
this is tantamount to losing their customers, because they are broke!
---
the bank simply does not have that kind of income! DEPOSIT DEPOSIT
---
imagine a trader sold $360 worth of gazrom stock for $100,000-$300,000, can you imagine the BANK not putting that into the market ?
the trader will close at 80 !!! where will the tank pay the expenses from
you think from the black box?
---
i don't want to tell you how hard the tanks are checked !
i just want you to understand! The bank will take the spread and commission.
and sleep easy every day! And no risk!
i'm talking about the bank!
the bank has no possibility of NOT taking the deal to the market!
anything the client has taken out is bad for the banker because the client will not come back and will not pay the commission
and pay the spread!
---
this is tantamount to losing their customers because they are broke!
---
A BANK AND A BROKERAGE HOUSE ARE TWO BIG DIFFERENCES... AND FOREX THROUGH A DT IS A FOOL'S GAME WITH OPEN CARDS ON THE TRADER'S PART...