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  #111 (permalink)  
Old 06-11-2007, 09:56 PM
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Sure catch me on Yahoo.
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  #112 (permalink)  
Old 06-12-2007, 12:08 AM
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Quote:
Originally Posted by pipgod View Post
Close positions gaining $29.14.

..29.14
..98.58
..29.13
..15.87
156.48
...3.37
134.96
..11.01
..24.62
..16.12
..24.78
..47.62
..51.38
..39.08
..41.35
..36.71
..27.91
..21.78
+15.67
825.04

Divide by 19 (days) for an average of $43.42/day.

82.5% ROI to date.
82.5% ROI to date is a misleading ratio in the way you are using it. You don't really invest the entire $1000 at any point. I suppose yes you have increased the demo balance by 82.5%, but what are your per trade returns on risk?

I've prepared a simple spreadsheet to graph your per trade returns. It appears most trades are between 1 and 4 percent.

If I had to guess I'd say you are risking around 1 and 2 percent per trade.
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Last edited by professorx; 06-12-2007 at 12:10 AM.
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  #113 (permalink)  
Old 06-12-2007, 07:31 AM
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Hmm... ok.

I'm not sure what you are thinking.
.
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  #114 (permalink)  
Old 06-12-2007, 08:01 AM
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hi pipgod how are you doing haven´t talk to you for very loooooong time so i hope everything is cool with you.i know from hobbit that you´re very busy man at the moment.finally i put the offsetting to work out but need to test it for couple of weeks more to see any weaknesses but so far no problems at all and i´m testing it with 3000$ account and approx 12 pairs in 7 trading days profit 700$ without any problems and far away from margin call.

wish you and your family the best and take care
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  #115 (permalink)  
Old 06-12-2007, 03:15 PM
 

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Hey certicex,
thanks for contributing to the forum so much. You seem to have made great progress in a short time. How long have you been trading? I am still a newbie but it's fun to see how differently I looked at the market one month ago. Do you have any reading recommendations?

Cheers,
Chris
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  #116 (permalink)  
Old 06-12-2007, 03:23 PM
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Quote:
Originally Posted by creeper View Post
Hey certicex,
thanks for contributing to the forum so much. You seem to have made great progress in a short time. How long have you been trading? I am still a newbie but it's fun to see how differently I looked at the market one month ago. Do you have any reading recommendations?

Cheers,
Chris
thanks bro
i´m trading 3 months and 3 weeks live i have several ways how to make profit but decide to stick to only my best 2 systems.you can read my thread post your daily loss/profit and maybe you find something useful and even one of my systems

if you want you can contact me via skype or MSN
have a good trading
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  #117 (permalink)  
Old 06-12-2007, 05:24 PM
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Quote:
Originally Posted by professorx View Post
82.5% ROI to date is a misleading ratio in the way you are using it. You don't really invest the entire $1000 at any point. I suppose yes you have increased the demo balance by 82.5%, but what are your per trade returns on risk?

I've prepared a simple spreadsheet to graph your per trade returns. It appears most trades are between 1 and 4 percent.

If I had to guess I'd say you are risking around 1 and 2 percent per trade.
I'm still not sure what you are thinking.

I am thinking about results. Month end results.

I started with that, now I have this. Just happens to be an 82.5% increase.

If I have mislead anyone, that was not my intent.

Thank you!
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  #118 (permalink)  
Old 06-12-2007, 09:32 PM
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Quote:
Originally Posted by hobbit View Post
...If you require more than that I would suggest robbing banks as an alternative to trading forex. Of course, that would make the risk/reward ratio a little hard to figure out.
Now that would be an interesting risk/reward ratio.
.
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  #119 (permalink)  
Old 06-16-2007, 09:38 PM
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Quote:
Originally Posted by pipgod View Post
I'm still not sure what you are thinking.

I am thinking about results. Month end results.

I started with that, now I have this. Just happens to be an 82.5% increase.

If I have mislead anyone, that was not my intent.

Thank you!
I am thinking that I agree you are reporting the percentage change of your account, but not the Return On Investment. You could report the %change per trade, and that would be closer to ROI -- although just another name for R:R.

You never invest the entire $1,000 at any one time.

Therefore the title of this thread is inaccurate.

Also, not sure what you mean by 'upgrading' your ROI. But let's not get into that one..

I know it was not your intent to mislead anyone, just clearing things up.

Hobbot: I was not analyzing the system.

Last edited by professorx; 06-16-2007 at 09:42 PM.
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  #120 (permalink)  
Old 06-17-2007, 09:47 AM
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Quote:
You never invest the entire $1,000 at any one time.
Correct!

.
Quote:
Therefore the title of this thread is inaccurate.
Ok, feel free to change it.

.
Quote:
Also, not sure what you mean by 'upgrading' your ROI. But let's not get into that one..
I upgraded the trade system to work better with a small beginning balance.

.
Quote:
I know it was not your intent to mislead anyone, just clearing things up.
Thanks, mom.

.
Feel free to say anything you want anytime you want. Anything to make you feel better.

You may even straighten the pencils on my desk if you like.
.
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