Why do they do it?

This is a discussion on Why do they do it? within the General Trading Chat forums, part of the Reception category; I forgot to add: The result each month is calculated from the start of each month to the end of ...

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Old Feb 3, 2011, 2:22pm   #181
 
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Re: Why do they do it?

I forgot to add: The result each month is calculated from the start of each month to the end of each month NOT from the initial starting balance.

That is probably why you came to that conclusion, SM :-)

E.g. in May 2010, I don't drawdown 31.49% of the entire account. I am down 31.49% from the beginning of the month to the end of it.
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Old Feb 3, 2011, 2:22pm   #182
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Re: Why do they do it?

Quote:
Originally Posted by trader_dante View Post
The net result is almost a 1,000% profit after 12 months trading but it doesn't come in the even distribution that all the newbies love....
Its sites such as T2W that are mainly responsible for setting exactly those kinds of unrealistic expectations. For the majority of people, forums are the single biggest obstacle to achieving profitability. Their sponsors must love them.
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Old Feb 3, 2011, 2:26pm   #183
 
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Re: Why do they do it?

Quote:
Originally Posted by trader_dante View Post
I forgot to add: The result each month is calculated from the start of each month to the end of each month NOT from the initial starting balance.

That is probably why you came to that conclusion, SM :-)

E.g. in May 2010, I don't drawdown 31.49% of the entire account. I am down 31.49% from the beginning of the month to the end of it.
Fnck me - does no-one know how to calculate returns on this site?

I presume your 200% month wasn't 200% of the account either - but 200% of the month.

So that'd be about 61 days you made, right?
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Old Feb 3, 2011, 2:32pm   #184
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Re: Why do they do it?

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Originally Posted by DionysusToast View Post
Fnck me - does no-one know how to calculate returns on this site?
They do, but it doesnt really suit anyone's commercial adgenda.

You would hope that the moderators and admin of a trading site would be a little more draconian in their attempts to put a stop to such nonsense, but sadly, its precisely this kind of thing that creates their advertising revenues.

I made 400% today by a certain vendors metric. In reality it was actually less than 0.5%
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Old Feb 3, 2011, 2:40pm   #185
 
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Re: Why do they do it?

Quote:
Originally Posted by DionysusToast View Post
Fnck me - does no-one know how to calculate returns on this site?
Can you enlighten us?
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Last edited by trader_dante; Feb 3, 2011 at 3:17pm.
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Old Feb 3, 2011, 2:53pm   #186
 
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Re: Why do they do it?

Total equity chart based on initial deposit with adjustments or notations for extra deposits.
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Old Feb 3, 2011, 3:15pm   #187
 
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Re: Why do they do it?

Quote:
Originally Posted by scose-no-doubt View Post
Total equity chart based on initial deposit with adjustments or notations for extra deposits.
Thank you Scose.

That's a 982.34% return then.

With an adjustment in July 2010 for a withdrawal of initial deposit + 100%.

:-)
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Old Feb 3, 2011, 3:24pm   #188
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Re: Why do they do it?

Quote:
Originally Posted by trader_dante View Post
I forgot to add: The result each month is calculated from the start of each month to the end of each month NOT from the initial starting balance.

That is probably why you came to that conclusion, SM :-)

E.g. in May 2010, I don't drawdown 31.49% of the entire account. I am down 31.49% from the beginning of the month to the end of it.
Excuse my slowness.

In May, you are down 31.49% of what? Let's say you started at the beginning of the year with £100k, what is the £ drawdown in May? (ignore withdrawals or deposits)
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Old Feb 3, 2011, 3:26pm   #189
 
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Re: Why do they do it?

MR - it's 31% of the month - that's about 10 days.

Honestly - you are dumb sometimes.
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Old Feb 3, 2011, 3:32pm   #190
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Re: Why do they do it?

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Originally Posted by DionysusToast View Post
MR - it's 31% of the month - that's about 10 days.

Honestly - you are dumb sometimes.
trade2win is lahk a bahx of chahcolates , you never know what yor gonna get.
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