Zorro_Trading_Group by FXiGoR - Page 103

iGoR · #**1021** (**permalink**) 11-26-2008, 03:11 PM

Daily results after tuesday 25 Nov.

In the webinar I explain that we have our normal system but that on request of the members that I have build also a filter that would give us more guarantee to have a MaxDD that would stay under the 3000pips.

From now one I'm going to post the results of both systems.
The system without filter is going to make more profit over a whole year period. Only normal because the filter-system will not trade over some periods becuase the filter doesn't allow to trade.
But I forsee that the reward/risk ratio over a whole year will even be better with the filter-system.

If we now look to the results at this moment then we have with the NO-filter system of 12135pips. The MaxDD was -7345pips. That would give for now a R/R ratio of 1.65.
The result after yesterday on the 20-contract filter system is +6864pips with a MaxDD of -2203pips. That comes to a R/R ratio of 3.1.

If we take those results and project them over a whole year trading then we can make the following predictions:
System without filter : +12135pips/32 trading days = +379pips/day X 250 trading days = +94800pips (ninety four thousand eight hundred pips) profit.
If the R/R ratio of 7 will stay in place that should give us then even a MaxDD of 13500pips. As said at this moment it is 7345. So the system could take even a drawdown that is nearly 2x times as much without putting the R/R ratio of 7 in danger.
20-contract filter system: +6864pips/32 trading days = +214pips/day x 250 trading days = +53600 pips (fifty three thousand six hundred pips) profit.
If the reward/risk ratio of 7 would stay in place that would mean that this system could take also MaxDD of -7660pips.
But if the filter will show that it works properly (as it did already 6 x times)then the MaxDD should stay under the -3000pips.
If that is the case then 53600pips/3000pips = R/R ratio of 17.6!!!!!!
That would mean that the profit would be 17 times bigger then the risk it would take.

Daily hitrate with the no filter system 75% and avg profit/day: +379pips profit

Daily hitrate with the 20-contract filter system 74% and avg profit/day: +214pips profit

iGoR · #**1022** (**permalink**) 11-26-2008, 03:20 PM

This is the link to the public webinar that is recorded.

In this webinar I also explian the difference between the 20-contract filter and NO-filter.

http://www.mediafire.com/file/gejk23...ic_Webinar.exe

My special thanks to Arctic_4x who did the recording.

regards...iGoR

claudioforex · #**1023** (**permalink**) 11-26-2008, 03:29 PM

So in the "new system" it means that you are taking your loss if the DD goes to 3000 pips..is that correct? And you will post results accordingly and honestly, and not change the rules any more?

iGoR · #**1024** (**permalink**) 11-26-2008, 04:22 PM

Quote:

Originally Posted by claudioforex

So in the "new system" it means that you are taking your loss if the DD goes to 3000 pips..is that correct? And you will post results accordingly and honestly, and not change the rules any more?

Claudio,

About taking the loss at 3000pips that is not correct. We do not take a loss. Never do or will we accept a loss with our system.
The filter SHOULD prevent that the MaxDD goes under 3000 pips DD. As I say SHOULD prevent. Is that a guarantee? NO. You were in the public webinar and as I have explained to you, you do not have any 100% guarantees once you take 1 step further then a saving account. If you want to have 100% certaintys then I suggest you buy BONDS with a fixed anual return (3 to 5% profit) and a guarantee on capital.

The filter was made on request of the members that want to have more certainty that the system would not go under a -3000pip drawdown.
The filter , how it is made, seems to work properly already 6 times over the same data and the trades that we have now. Especialy where the system with no filter made a -7345pip DD the 20-contract-filter made "only" -1845pip DD.

And about honesty, You do not need to say that from now if I would post my trades honestly. You were in the public webinar and I gave you the names from all the people that are a member of our group and told you that you could send them a PM message to ask if everything I do is 100% correct. You had your chance and those people even told you that you needed to stop making attacks.

About changing the rules: I do in my room whatever I want and nescessary so people would make money accordingly and limit the risk as much as possible. So if members ask me something to change for the better and I can do that, I will. I do not need to ask any permission for that to people who are not a member of the group.

Regards...iGoR

iGoR · #**1025** (**permalink**) 11-26-2008, 05:41 PM

I the past I have sujested to take a 400:1 leverage broker.
With the 20 contract filter-system that is not nescessary anymore..

We have calculated in the room today that one could even trade our system with Oanda. The reason I sujest Oanda is because it is very easy to compound with them because they work with units and not with lots.

As I have explained in the public webinar the filter should work nicely in the future. The reason for that is because it worked nicely in the worst of the worst conditions we could imagine. At some point we had 8 consecutive losses after that only 1 winning trade and then again 9 consecutive losses. How much worse can it go ?....even not that 1 single winning trade. And the MaxDD was reduced from -7345 to -1845pips.
So the members who know the system very well are fully aware that the possibility of going under -3000pips MaxDD is very slim.
Possible? yes.
BUT if each of us is the risk manager of our own account and we look to the risks that we have and the profits we can take we need to put them in a balance and see what direction the balance is pointing to.
So I made an example how one can do his own risk management.

With Oanda who is only a 50:1 Leverage broker:

5000$ or 3875€ = 190000units
1600units/ contract = 120 contracts
0.16$/pip =
MaxDD of 6000pips (witch would be 2 x times a much as the 20-contract-filter) x 0.16 = -960$ = -19.2%

Total profit over 1 year based on the results that we have now:
+6864pips profit x 0.16$/pip = 1088$/5000 x 100 = +21% profit for 32 trading days.
21% / 32 trading days = 0.65%/day.
HYIP Calculator - Non Compounding and Compounding HYIP Profits Calculator
Compounded 0.65%/day over 250 trading days in 1 year=
Total balance 25258$
Profit over 1 year would be 20.258$ or 405% !!! profit

In this example if and I say again IF the system would reach a MaxDD of 6000pips, that is 2 x times as much as the filter would forsee (-3000pips) then he would still ONLY loos -19.2% of his intial balance.
That is still way off from burning an account.
On the other side of the balance he can place the strong possibility of making +405% profit. The return he can make is 21 x times bigger then the MaxDD he can or will make.
And if you reach that -19.2% loss you have the choise to stop emmidiatly and not continue any further with the system or wait till you see the system recover and conclude it was only a bad period.
Be your own risk mananger. Calculate the odds and if you accept the profits you can make then accept also the losses that you can make.

Needles to say that if one trades from 10K$ in the very same way that the profit would be 40K$. Again if you calculate the risk you CAN take toworths the profit that you COULD make then in statistics you have the odds in your favour, I THINK.
The calculations are based on the profits the system already made and according all trades that the system took since the 10th October. All these trades were wintessed by the members in the VIDEO room and that stayed all day long in the room.

To be continued...iGoR

PS. Todays profit + 78 pips. Nothing fancy but it was a day without any important recoverys.

iGoR · #**1026** (**permalink**) 11-26-2008, 07:36 PM

Tomorrow is thanks giving day in the US so the results of tomorrow will not be taken in account (or not an official trading day according our rules).

Regards...iGoR

bmdxl · #**1027** (**permalink**) 11-27-2008, 11:51 PM

Hey Igor its gbfxinc from way back when...i know i've said in the past i'd join and never got around to it..for this i am truly srry....but i can't run and fight the markets by myself n e more...i did real good for a while and then i did as you did and lost everything in the blink of eye. I couldn't take and tried to end it, but for some reason beyond me my 1911 jammed and the bullet didn't go off. But trading is my life, my passion, other than my fiance, it is all i care about it. And so i am writing to you because i really want to join the group this month(DEC). Could you please email me everything i need to join to thegreenbaron@live.com. So i can send you the money this weekend and hopefully get started with you guys on monday. I'll also try to talk to you on paltalk sometime tommorrow when your done trading.

Thanx again my friend,
Brandon Darnell aka gbfxinc

P.S.: No matter what n e one says i still think your one of the best and honest traders out there

iGoR · #**1028** (**permalink**) 11-28-2008, 09:42 AM

Hi GBFXINC,

Nice to hear that you want to join the group again.
Could you please send a mail to zorro_trading_group@hotmail.com.

It is easier for me to reply the mails that I receive.

Regards...and see you next week in the room.

PS. You say and lost all my money like you. We did not loos our money my friend.
People who were in that bad drawdown and continued to trade recovered completely and are in a very nice profit.
And we have now a 20-contract-filter as I explain in the public webinar that should keep us nicely under 3000pips DD.

iGoR · #**1029** (**permalink**) 11-28-2008, 09:45 AM

Results for yesterday:

The system made yesterday +278pips profit but as said we would not take those results in account because of thanks giving day.
But it was nice to see that even in a slow moving day the system did so well.

To be continued.

claudioforex · #**1030** (**permalink**) 11-28-2008, 09:50 AM

Igor - Now In Theaters