Yeah ND....As a trader I was mentored to think in PIPS not dollars....But you see you must default it to an equal benchmark and goal in some way. I do not think that PIPS is the answer...you need to provide a snapshot of the portfolio of sellers somehow.
There are many signal sellers that use a variable lotsize...martingalers will always default to last place when they might be in the top ten profit wise...
To make RAS a
professional traders site...you could default the rank in Benefit to Risk Ratio hehe...ok I will shut up...lets not go there....You all know by now that I feel that DD is the most important with a reasonable return and preservation!
ES
P.S. by the way....Benefit to Risk ratio that I publish in my signal commentary is the best measure of the robustness of an signals performance, because it is fair and balanced.
Quote:
Originally Posted by newdigital
People are using different lot size: 0.01 or 1 ... I saw 5 and 10 ... in this case the members will use big lot size to the the first in ranking ...
Anyway, best in pips is not the best in general ...
I do not think that someone will buy the signals (if it is for money) without looking at the stats first.
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