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Quote from sim03:

Thanks.

Yeah, I have used Sharpe Ratio, even though it's got several serious drawbacks. Why?

I was looking for a way to present performance in more detail and in a recognized format. I looked at Sharpe and then read that it's flawed and the results can be misleading, I just wanted to ask someone who has actually used it.
 
Quote from Forex pip stalk:

He did bring up a couple good points though. With a couple that were not."Pips are worthless was one that was not.LOL My drawdown is about 200 pips. And my trades hit 50% percent of the time but have a 2-1 win loss ratio.

I think you miss the point he was making, pips are worthless as a way of reporting performance, they mean diddly. Read his post again and ask questions if you don't understand something, I'm sure he'll explain it to you if you ask nicely.

Going by what you've posted so far I would have to question your '7 years full time as my full time income' claim, I would say more like 6 or 7 months.
 
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