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Small portion of this document: "That way I found out that the way our system is build it is not possible to have 17 consecutive losses.
If that would happen the MM would make us to trade like this:
-1,-2,-3,-4,-5,-6,-7,-8,-9,-10,-11,-12,-13,-14,-15,-16,-17, = a total loss of 153 contracts x 17pips avg. loss = -2600pips that we would loos. Again I see this as an impossible loss. Because there was in all my research not 1 situation that came close to this example."
post 888:
"Here are 5 important mathematical conclusions we can make on the system for the eur/usd ( the system works on all pairs but the pips in draw down and profit are for each pair different depending on it avg. daily range):
1) The drawdown will stay less then 3000pips ( that is calculated on not having more then 19 consecutive losses)( the chance of having 19 consecutive losses in a row with a flipping coin system or 50% hitrate is 1 out of several billions) And if that situation would happen we will loos 40% of our money. So that is still not blowing up the account."
post 890:
You should read the mathematical conclusions. profit 20000 and drawdown 3000. That is what the members take in account.
and you spent days in the rooms to try to make a mathematical demonstration to your members that the dd could not be more than these 2600 pips ....
If he wants to setup his account that he can withstand a 10000pip loss then that's OK with me. That would represent a sequence of losses that the chance to have this is 1 out of 68.719.476.736 (1 out of 68billion).
Hi Igor.How you calculate chance(probability)?Can you give as a proof statistical information? What profit,DD have your sistem one, two... years ago?
If he wants to setup his account that he can withstand a 10000pip loss then that's OK with me. That would represent a sequence of losses that the chance to have this is 1 out of 68.719.476.736 (1 out of 68billion).
Hi Igor.How you calculate chance(probability)?Can you give as a proof statistical information? What profit,DD have your sistem one, two... years ago?
Please explain how you calculated this "1 out of 68.719.476.736 (1 out of 68billion). "
Though I am not an expert in probability calculation, I can assure you that you probability to reach 10000 pips dd with this sytem is much much much higher than what you calculated.
If the system reached 8500 pips dd already...only 1 more loosing trade could have put you to more than 10000 pips dd....;
There is a public webinar for all your questions that starts in 2 minutes.
If you want you can ask your questions there. If not case closed .
friendly regards...iGoR
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) MT Intelligence - Stats for fxigor1
There is a public webinar for all your questions that starts in 2 minutes.
If you want you can ask your questions there. If not case closed .
friendly regards...iGoR
I don t ahve paltalk..trying to install it for now....please record this webminar...and give your mathematical demonstration proving the max 2600 pips dd in this webminar
I don t ahve paltalk..trying to install it for now....please record this webminar...and give your mathematical demonstration proving the max 2600 pips dd in this webminar
Again you are not a member and you were not in that drawdown. So stop crying like a baby who lost his lolypop.
The case is closed about the 2600pips I explained that in my posting over the weekend.
The webinar has nothing to do with the 2600pips period...case closed on the 2600pips!!!
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) MT Intelligence - Stats for fxigor1
For those who would like to attend the public webinar.
There is a problem. The room does not apear in the room list.
I am working on the problem.
__________________
Success comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) MT Intelligence - Stats for fxigor1
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