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Author Topic: Jimmy's Account - SFE Combo  (Read 3552 times)

Attractor

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Re: Jimmy's Account - SFE Combo
« Reply #60 on: September 17, 2019, 12:04:09 AM »
Thanks very much Joel. :)

I have posted your reply there and hopefully it will be the end of the debate there.


wow, I read it, and what an unfriendly posture of one of the 'hero' members after your last message.
I thought that the objective of a forum is let the people can express, share information, discuss. You has been always 100% clear  in your messages, nothing is hidden, and you are sharing your journal and your thoughs, I don't see how can this can be bad for a forum community.

paulomaks

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Re: Jimmy's Account - SFE Combo
« Reply #61 on: September 17, 2019, 01:42:51 AM »
Thanks very much Joel. :)

I have posted your reply there and hopefully it will be the end of the debate there.


wow, I read it, and what an unfriendly posture of one of the 'hero' members after your last message.
I thought that the objective of a forum is let the people can express, share information, discuss. You has been always 100% clear  in your messages, nothing is hidden, and you are sharing your journal and your thoughs, I don't see how can this can be bad for a forum community.

Honestly why does this debate have to end ?? i dont see anything bad in having different opinions. And, also, i personally do not agree with the the "theory" regarding risk-assesment that Jimmy uses. (i am of the opinion that he very much underestimate the real risk in his portfolio) But it is his choice, and his money etc etc. So that is obviously fine. But if we cannot discuss theories here (which i hope this forum should facilitate) then we will never gain anything and never be wiser. I would still hope somebody could bring a more "scientific" approach to the risk-assesment. For me having been in forex for 20+ years i try to use simple math and somehow probabilities, but that is the exact problem. The math is always right if applied, the probability is is somehow extreme arbitrary. So for me, this debate could hopefully go on for a very long time.  :o ;D :D and may be one day, we would get a much clearer picture of how to estimate real risk.

I think it is is important that the "tone" is friendly in a forum, but we must accept that everybody have different background and approaches to Forex.
« Last Edit: September 17, 2019, 01:50:39 AM by pmks1 »

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #62 on: September 17, 2019, 01:44:05 AM »
Thanks very much Joel. :)

I have posted your reply there and hopefully it will be the end of the debate there.


wow, I read it, and what an unfriendly posture of one of the 'hero' members after your last message.
I thought that the objective of a forum is let the people can express, share information, discuss. You has been always 100% clear  in your messages, nothing is hidden, and you are sharing your journal and your thoughs, I don't see how can this can be bad for a forum community.

Well I have tried my best to educate the people there, but I think most of them just don't believe the maths behind the SFE systems and prefer to keep looking for a holy grail that doesn't exist.

It's no wonder why casino never runs out of business! ;D

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #63 on: September 17, 2019, 01:47:19 AM »
Thanks very much Joel. :)

I have posted your reply there and hopefully it will be the end of the debate there.


wow, I read it, and what an unfriendly posture of one of the 'hero' members after your last message.
I thought that the objective of a forum is let the people can express, share information, discuss. You has been always 100% clear  in your messages, nothing is hidden, and you are sharing your journal and your thoughs, I don't see how can this can be bad for a forum community.

Honestly why does this debate have to end ?? i dont see anything bad in having different opinions. And, also, i personally do not agree with the the "theory" regarding risk-assesment that Jimmy uses. (i am of the opinion that he very much underestimate the real risk in his portfolio) But it is his choice, and his money etc etc. So that is fine. But if we cannot discuss theories here (which i hope this forum should facilitate) then we will never gain anything and never be wiser. I would still hope somebody could bring a more "scientific" approach to the risk-assesment. for me having been in forex for 20+ years i try to use simple math and somehow probabilities, but that is the exact problem. The math is always right if applied, the probability is is somehow extreme arbitrary. So for me, this debate could hopefully go on for a very long time. h :o ;D :D

I was just trying to say that regarding the debate for merging the SFE EAs, I and Joel are definitely right about the max DD will be smaller while the total profit will be the same.

With regards to whether the max DD is reduced by the same amount as Joel had calculated when you merge the EAs, the debate can certainly go on. :)

I think the best way is for Joel to run a merged backtest (if that is possible) running SFE PA/SFE ATR/SFE EU/SFE NS at 60/60/60/30 ratio of recommended risk over 10 years with fixed lots and see what the max DD will be. ;)

paulomaks

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Re: Jimmy's Account - SFE Combo
« Reply #64 on: September 17, 2019, 01:53:15 AM »
Thanks very much Joel. :)

I have posted your reply there and hopefully it will be the end of the debate there.


wow, I read it, and what an unfriendly posture of one of the 'hero' members after your last message.
I thought that the objective of a forum is let the people can express, share information, discuss. You has been always 100% clear  in your messages, nothing is hidden, and you are sharing your journal and your thoughs, I don't see how can this can be bad for a forum community.

Honestly why does this debate have to end ?? i dont see anything bad in having different opinions. And, also, i personally do not agree with the the "theory" regarding risk-assesment that Jimmy uses. (i am of the opinion that he very much underestimate the real risk in his portfolio) But it is his choice, and his money etc etc. So that is fine. But if we cannot discuss theories here (which i hope this forum should facilitate) then we will never gain anything and never be wiser. I would still hope somebody could bring a more "scientific" approach to the risk-assesment. for me having been in forex for 20+ years i try to use simple math and somehow probabilities, but that is the exact problem. The math is always right if applied, the probability is is somehow extreme arbitrary. So for me, this debate could hopefully go on for a very long time. h :o ;D :D

I was just trying to say that regarding the debate for merging the SFE EAs, I and Joel are definitely right about the max DD will be smaller while the total profit will be the same.

With regards to whether the max DD is reduced by the same amount as Joel had calculated when you merge the EAs, the debate can certainly go on. :)

I think the best way is for Joel to run a merged backtest (if that is possible) running SFE PA/SFE ATR/SFE EU/SFE EU at 60/60/60/30 ratio of recommended risk over 10 years with fixed lots and see what the max DD will be. ;)

A backtest would probably give us a very good idea ... so hopefully it is possible to do that for the portfolio. I am not expert in portfolio backtesting, but pretty sure that the tools exist. Hope it is also in Joels toolbox :-)

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #65 on: September 18, 2019, 05:00:40 AM »
Finally, the long awaited FOMC will be due in less 24 hours, and there are also many other high impact news due over the next 2 days.

I am sure it will be a very interesting few days ahead! ;D


Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #66 on: September 21, 2019, 12:56:54 AM »
Weekly Result - 16th Sep 2019 to 20th Sep 2019

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
+$4872.33

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
-$1188.75

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
+$5861.26

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
-$474.38

SFE EURUSD: (https://www.fxblue.com/users/jimmy8378/stats?magic=800051-860602#week)
+$674.20

Most of the gains this week came from the floating profits from last week. The rest of the week, including FOMC and other high impact news, didn't give us much price movements at all which was rather disappointing. :(

I think we will just need to be patient and wait for the next big moves in the market - which I believe will happen at some point as we get closer to the Brexit deadline at the end of October. :)

Announcements this week:
  • The risk on my account has now been reduced to about 1.5x recommended risk with the following lot sizes. It will now be safe for subscribers to copy my account at 1x risk multiplier and expect a max DD of no more than 50% going forward:
    • SFE Price Action - 0.6 Fixed Lot per trade
    • SFE Attractor - 0.6 Fixed Lot per trade
    • SFE EURUSD - 1.0 Fixed Lot per trade
    • SFE Night Scalper - 0.9 Fixed Lot per trade
  • There is now a new option to copy my account with the AutoFxPro Remote Trade Copier - at a cheaper price too! ;)
    (https://smartforexexpert.com/index.php?topic=540.msg748#msg748)
  • SFE Combo is now ranked #2 on Signal Start! 8)

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #67 on: September 22, 2019, 02:43:19 PM »
Hi guys,

Joel has just released SFE Night Scalper 5.0 this weekend (https://smartforexexpert.com/index.php?topic=28.msg760#msg760), so I have updated SFE NS to this newest version on my account. It will still be trading at 0.9 Fixed Lot per trade as before.

I look forward to the profits that will continue to come with this great EA! :)

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #68 on: September 23, 2019, 06:55:50 PM »
My account is down about 2% today - thanks to the EURUSD pair again! >:(

EU is now such a funny pair that never makes a sustained breakout no matter what happens. It makes me wonder when the real big breakout is going to happen...and I believe it will be a spectacular one when it does! ;D

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #69 on: September 28, 2019, 02:45:04 PM »
Weekly Result - 23rd Sep 2019 to 27th Sep 2019

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
-$2524.41

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
-$699.69

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
-$1237.49

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
$333.13

SFE EURUSD: (https://www.fxblue.com/users/jimmy8378/stats?magic=800051-860602#week)
-$920.36

It was a boring week without much price action. As a result we can see all the price action based EAs had small losses while SFE Night Scalper had a small gain.

Let's see if the NFP next Friday and the lead up to it will give us some nice price actions. :)

Announcements this week:
  • SFE Night Scalper has been upgraded to version 5.1
  • The Signal Start ranking has dropped from #2 to #41 after I reduced the risk last week. I think with their ranking formula it's simply impossible to keep the ranking up in the long term, unless you use some crazy risks to bump up your gains and then just stop trading ???

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #70 on: September 30, 2019, 12:02:23 PM »
Another -2.35% to start the week...the market has been so flat since the FOMC. :(

I hope tomorrow’s RBA interest rate decision (another rate cut expected) will bring some price actions...otherwise we will probably need to wait until the NFP on Friday. :-\

paulomaks

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Re: Jimmy's Account - SFE Combo
« Reply #71 on: September 30, 2019, 01:14:51 PM »
Weekly Result - 23rd Sep 2019 to 27th Sep 2019

Total: (https://www.fxblue.com/users/jimmy8378/stats?#week)
-$2524.41

SFE Price Action: (https://www.fxblue.com/users/jimmy8378/stats?magic=400051-450601#week)
-$699.69

SFE Attractor: (https://www.fxblue.com/users/jimmy8378/stats?magic=510051-510605#week)
-$1237.49

SFE Night Scalper: (https://www.fxblue.com/users/jimmy8378/stats?magic=710051-710302#week)
$333.13

SFE EURUSD: (https://www.fxblue.com/users/jimmy8378/stats?magic=800051-860602#week)
-$920.36

It was a boring week without much price action. As a result we can see all the price action based EAs had small losses while SFE Night Scalper had a small gain.

Let's see if the NFP next Friday and the lead up to it will give us some nice price actions. :)

Announcements this week:
  • SFE Night Scalper has been upgraded to version 5.1
  • The Signal Start ranking has dropped from #2 to #41 after I reduced the risk last week. I think with their ranking formula it's simply impossible to keep the ranking up in the long term, unless you use some crazy risks to bump up your gains and then just stop trading ???

Jimmy, please look at your SFE nightscalper for September. You are at exactly zero. But Joels reference account is at around + 8% ..did you make some analytics on that ? .. I wonder how that huge difference could emerge ?

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #72 on: September 30, 2019, 02:31:21 PM »
Because Joel was already running SFE NS version 5.0 since 9th September: https://smartforexexpert.com/index.php?topic=28.msg760#msg760

I only updated to the new version after it was published on 23rd September. :)

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #73 on: October 01, 2019, 07:48:30 AM »
After a long wait, we finally have a profitable basket following the RBA rate cut today...let’s see how far the trades will go. :)

Jimmy

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Re: Jimmy's Account - SFE Combo
« Reply #74 on: October 02, 2019, 03:26:31 AM »
We started October with a bang!

My account is up 7% in the first 2 days of October, which has already more than recovered the losses in September:





And I didn't post a monthly summary for September, but it was all pretty boring apart from the roller coaster with ECB - which Joel's EAs passed with flying colours! ;)

I am looking forward to much more gains this month, as the Brexit deadline approaches. :)