The Volatlity Breakout dependence is like the Trend dependence, is like the Breakout dependence, is like the Technical Signal dependence, is like the Range dependence, is like the Indicator signal dependence, is like, is like, is like...
These kind of trading approaches (99.99% of the trading strategies) cannot have positive results on equal periods of time.
That’s really stupid because actually, the even definition of the word « Consistency » is to have positive results on equal periods of time.
Only a trader who has found how to extract himself from the dependence of a signal to enter in the market can have positive results on equal periods of time.
I don’t know in which language and how many time i will have to write this...
Actually, the -2.43% Drawdown occured after a huge first week of performance +2.60%. That kind of Drawdown is less important. It's just giving back some recent profits.
I have managed very well the US elections... but not so much the Pfizer vaccine announcement... Then, the last trade, we tried to catch a "Positive Black Swan". It didn't work on that time... the day we'll catch it, you will probably understand, that here, it's the Champions' League.
To those who were asking : "But what if Pure Pip Producer starts by losses at the beginning of the month?"
The answer to this question is the following :
It's totally possible to have a month which starts by losses... but the odds of this happening are lower than the odds of having a very low initial risk at the beginning of the month... because 1) i do not trade the markets on the last week of the month and 2) i use the first half of the week to rest and the other half of this week to prepare serenely the beginning of the month.
The game is to have the maximum of the odds from our side, and not to say what will happen or not.
Those who are always in the markets, fighting, haven't all the odds from their side.
Those who operate like we do could also have an initial risk at the beginning of the month lower.
It's just a matter of operate with all the odds from our side.
By "odds" most of the people understand "technical odds"... we aren't in that case. We are in the case of "Physical odds".
Something that systematic traders can not do at all... because even if their brains are rested and fresh, their job is only to repeat a decision they took long time ago, without the possibilty to use their rested and fresh brains...
So, this could be aply only to non-systematic traders.
Stay tuned for the 3rd challenge... one of the previous post gave me the idea about that... it's about something that also doesn't exist at Darwinex.
I've to check again If it's the case. If yes, this 3rd Challenge will be added to the 2 others.
Without all these Challenges, Darwinex trading would be so boring to me... hahahahaa
As we can see on this pic, the "Darwinex New Mean Drawdown" (it's like a Daily Drawdown Average) was, once again, reduced by this new way to calculate. Unless i'm mistaken, i do not see some others Darwins this happens...
It has become exactly the same of the Max Drawdown!
I think it's a slippery slope that can lead a person to start looking for their dopamine kick instead of real profits. It is the ideal system for the way the brain works with addictions, such as pulling a lever on a slot machine.
Mark Douglas in "Trading in the Zone" call it : the dependence on random gains.
This is a major problem to be resolved. It took me 7 years (365/24/7 non-stop thinking) but you are right, it could have taken me 20 years if i didn't take the risk to lost all my life to achieve this level.
To solve that kind of problem, we must take the kind of risk we can not take if we have a job, a wife, children.. etc.. Because, it's something really deeply rooted. It comes from chilhood.
Modify this part of the mental structure is highly risky... and even if we want to modify it, in order to achieve the highest level possible in trading, not so much ppl have the time to do it, because of work, wife, children... normal life.
I respect guys like you (not like), out of the ordinary and with a clear personality. Though I disagre with your views and style on many of your posts. Anyway, I would like to know what your view is on the declince in AUM
on your Darwin? Honest and objective not subjective please. Why do you think Investors have withdrawn their funds?
The decline of funds invests has nothing to do with the quality of the trading... it is correlated to the filters « hot » and « trending ».
When you obtain the filter « hot » it brings you around 10k of traders/investors who trade only Darwins with this filter. It’s their strategy.
When this happens, the next logical step is to obtain the filter « trending », because a lot of these investors/traders come. So, it’s around 7/8k more.
It’s like a virtuous circle.
Actually, the real investors (long term) are currently around 7/8k on the Darwin PDC. There is even still one who entered at the price of the inception : $112.45
Edit : Others was short-term traders. For example, one put 10k during the 2 weeks of inactivity.. after 2 weeks, he withdrew the 10k just before november 1st. Probably a guy who doesn’t read this forum and who didn’t know we stopped trading to make our Equity Curve draw « High-Plateaus ».
But you gave me an idea! We can probably give the information about the amount lost and the amount won by the investors on the Darwin PDC... every month or quarter, why not? and make the balance between win/loss!
(Yes, believe me, even with the kind of Equity Curve we have, there is some investors/traders who are able to lose money )