26 trades/contracts all green
- Thread starter adadadog
- Start date
without some idea about the drawdown history, this is almost meaningless.
You are congratulating an anonymous poster on an obviously highly questionable and useless graphic.
...clueless, naive & uninformed paper trader. Sorry, was just trying to imagine your good points...
If its an actual system for example automated, you should be able to back test it to determine this for yourself by running it on at least 5 - 10 years of data.
Also, you should have some idea how much each trade went in draw down before they went positive even if you don't use a stop or limit. You could just look at the chart to determine that by rough guess.
Finally, if your goal is either make a profit on a trade or blow the account on the trade, its not a good system.
By the way, I have found out that any system above 95% win ratio to be worthless in real life. Only newbies fall for that, which is of course why you post this crap as a demo money, but at least you were honest. The reason being is that a system with that high of a win% can go 3 to 6 months making money, and then 1 trade wipes out all of the profit.
Also, you should have some idea how much each trade went in draw down before they went positive even if you don't use a stop or limit. You could just look at the chart to determine that by rough guess.
Finally, if your goal is either make a profit on a trade or blow the account on the trade, its not a good system.
By the way, I have found out that any system above 95% win ratio to be worthless in real life. Only newbies fall for that, which is of course why you post this crap as a demo money, but at least you were honest. The reason being is that a system with that high of a win% can go 3 to 6 months making money, and then 1 trade wipes out all of the profit.