I think he can ONLY tell you based on 100% back testing because 100% signals is not been around long time. If I have to compare to my system because i believe J and I have pretty similar system here is My largest draw down 29.40 % 2011 August within 15 days my system lost 29.40 % with tna and then made 30% profit following that lost trade so it was able to close 2011 august with 1 % profit
That math is not how it works ... if you have $100 and then lose 29.4%, you have only $70.60 left. If you then make 30% profit on the next trade, you are only back to $91.78... a -8.22% loss, still. To recover from a -30% draw down, you need to make a +43% profit on the following trade.
Thanks for sharing, J.
ReplyDeleteWishing all of us the best.
Is this the largest drawdown for the "100%" calls or has there been worse?
ReplyDeleteI think he can ONLY tell you based on 100% back testing because 100% signals is not been around long time.
DeleteIf I have to compare to my system because i believe J and I have pretty similar system here is My largest draw down 29.40 % 2011 August within 15 days my system lost 29.40 % with tna and then made 30% profit following that lost trade so it was able to close 2011 august with 1 % profit
That math is not how it works ... if you have $100 and then lose 29.4%, you have only $70.60 left. If you then make 30% profit on the next trade, you are only back to $91.78... a -8.22% loss, still. To recover from a -30% draw down, you need to make a +43% profit on the following trade.
DeleteWe are not taking about account gain i talked about system profit and lost
Deletewonder the same, have the system ever been wrong like this, feels like standing in front of a train
Deletenothing but just red everyday for tza...
ReplyDelete