An ideal trading system: step 2.
Written by GF Team on July 20, 2010 – 8:17 am -Our campaign called “Ideal Trading System” is going on! And today we, Global Forex Signals Team, are really glad to announce you the results of the second part of the campaign. According to the results of our polling, the majority of our clients decided, that the main parameters to be taken into consideration while choosing a Forex trading system to subscribe to are win ratio (22% of votes) and the number of weeks the system has been performing on the service (22%). At the same time many of the clients consider the total profitability (18%) and max drawdown for full amount (16%) to be also very important indicators of the system’s reliability and stability. So, now it is time to start another step of our campaign. Share your opinion, the Forex Signals of a system with which win ratio can you really subscribe to?
And remember – your votes and comments are really important to us. We appreciate your time and effort very much. Remember – your votes can bring changes to the service. At this rate don’t lose your chance to influence the situation by voting and leaving your comment there.
Tags: Financial trading polls, Forex signals, ideal Forex trading system
Posted in Financial trading polls, Personal Finance, trading strategies | 5 Comments »
July 22nd, 2010 at 3:49 am
I think win ratios are totally irrelevant in my opinion… A 40% win ratio may have a better overall performance than a 80% win ratio. Ex: Risk Losses at 1% and Wins at 3% = 10 pips lossed 6 times and 30 pips won 4 times. Tell me if it’s a winner ? Oh, even at 30% win ratio it’s still a winner !!! Cheers all !
July 22nd, 2010 at 8:49 am
You know, but the subscribers take this parameter very seriously. As you see, it is considered to be one of the most important ones. Win ratio is important in the combination with the other parameters like profitability, max drawdown and stop-loss.
July 23rd, 2010 at 5:24 am
I think parameter Win ratio is very dangerous! And I quite agree with Big Mike. I may have win ratio 90% but, my strategy may be in down. For example I made 9 trend and win 100 pips, but in next trend I lose 200 pips. My profit now is -100 pips but win ration 90% . I’m greatest trader, I’m biggest winner…. LOL, LOL, LOL.
July 23rd, 2010 at 6:03 am
Alex, don’t exaggerate. Have you left your vote, by the way? 21% of the voters decided, that it is the most important parameter in the trading system. If you can prove them they are wrong, this will be the great achievent of yours
And as I’ve said above, the parameters of the system are important in the combination.
July 24th, 2010 at 3:49 pm
I agree with Big Mike that winning ratio is not really a big matter. What the most important is to avoid risk that is the system must has low max drawdown. One time screw up due to poor risk mgmt might kill the whole month good efforts. High % winning ratio just implies that certain strategy really works but not necessarily very profitable in the long run. So to me the most important is fair average pips per week at consistent performance. Profitability % depends on initial capital. If two strategies scored same number of pips but have different capital for sure the prof % will be different. In conclusion I prefer strategy with low max drawdown and stability on monthly basis.