14 winners in a row

Quote from drasfs:



But anyway, do you guys really think im just lucky?

say that the chance to win is 50%. so the chance to win 14 times in a row is 0.5^14=0.0000061 . This doesn't however take into account sizes of losses and winners, i can however assure you that my stop loss is always between 7-10pips
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There is no doubt that you got something, my folk. I never had such a victory. But remember that is the moment you must care about yourself the most. The amount of money you bet will increase and see the greater victory in your ego. :D
Good luck.
 
Quote from drasfs:

But really. Do all of the people here really believe that it was 100% luck? No skill?

And ive a different perspective when it comes to leverage. 2500 dollar is just a portion of the money that ive put aside for trading. Say that i have 10 million dollar, then 2.5 lot is a tiny amount. A 10pip loss, would be 0.000025% of my money.

I think people here are focusing too much on the leverage. What really counts are the pips gained, which is the real performance.
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I believe that you are a great trader with great skill that people just can not believe you have.

Great job.
 
I am always curious about these threads and ideas and how they evolve over time.

So how is it going drasfs? Still 90% winners even with this crazy market we are having? How did you adapt (in case you had to)?
 
Quote from zosorock:

I am always curious about these threads and ideas and how they evolve over time.

So how is it going drasfs? Still 90% winners even with this crazy market we are having? How did you adapt (in case you had to)?
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U R joking of course.

We all know how it ended. The OP explained that he waited for price to come back a little his way before pressing the stop button. Trading $250k parcels on a small account only needs one trade not to come back a little and bye bye..
 
I will have to admit that when I read the original post I did not quite interpret it the way you did. Thank you :)

I have to come to realize through painful losses that the real important thing is not to predict where price will go but when to get out because it did not and will not go there.
 
Quote from drasfs:

my stop loss is always 7-10 pips, so i wont lose more than that. And by the way, i just transfered a small portion of my investment money into that account, just to test out my new trading strategy,so i wouldnt say im risking my whole fortune on every trade.

My bad, ive should told you a bit more.

But anyway, do you guys really think im just lucky?

say that the chance to win is 50%. so the chance to win 14 times in a row is 0.5^14=0.0000061 . This doesnt however take into account sizes of losses and winners, i can however assure you that my stop loss is always between 7-10pips
More...

anyone who thinks winning percentage means anything is a rank newbie.

What is your SHARPE??? Your PROFIT FACTOR??? That means something!

If you have 15 winners ranging from $25 to $1000, what happens when you have a $10,000 sudden loss?

You just hold on until it becomes at least slightly positive. It is called "Hold&Hope." either now or in the future, it blows up

You have done absolutely nothing of value. 15 trades? Woo Hoo! Useless...
 
Quote from TraderZones:

anyone who thinks winning percentage means anything is a rank newbie.

What is your SHARPE??? Your PROFIT FACTOR??? That means something!

If you have 15 winners ranging from $25 to $1000, what happens when you have a $10,000 sudden loss?

You just hold on until it becomes at least slightly positive. It is called "Hold&Hope." either now or in the future, it blows up

You have done absolutely nothing of value. 15 trades? Woo Hoo! Useless...
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lol, which bit of "....stop loss is always between 7-10pips..." didn't you quite understand :D

Anyway he was looking for feedback on his win:lose ratio, nothing to do with returns performance or Sharpe.....
 
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