Why has this signal so low reliability rate?
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Ok, when a signal has got 7000% profit in 22 weeks, with a 8% drawdown, but started with 24$, and the reliability rate is lowest possible, what could potentially be the reason for that?
@Fernando, could you please answer that.
KR, Per
A starting balance of only 24$ can only be considered a "joke". It cannot be considered a serious trading account.
7000% profit is only possible using very high risk. 8% drawdown for 7000% profit can only be a fluke or the result of a manipulated account.
Therefore, it is a highly unreliable signal! Is that not obvious?
A starting balance of only 24$ can only be considered a "joke". It cannot be considered a serious trading account.
7000% profit is only possible using very high risk. 8% drawdown for 7000% profit can only be a fluke or the result of a manipulated account.
Therefore, it is a highly unreliable signal! Is that not obvious?
Thank you for replying!
I don't know how manipulation is done. Perhaps he opens 100 accounts with 24 each, make some very risky trades in the beginning. A few of them manage to get a great profit without drawdown, and after a day he already got 3000% profit, and can trade in an precautios way up to 7000%.
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Hi!
The linked signal has got great profit with low drawdown, but the reliability rate is low. Is that because the initial balance is almost 0?
Kind regards, Per