Replies

Wazzup
18 Mar 2021, 17:45 ( Updated at: 18 Mar 2021, 17:55 )

RE:

PanagiotisCharalampous said:

Hi Professional,

There is no fair and unfair way of calculating the balance drawdown. There is only one way and that is what we use. The balance drawdown is calculated using the current balance and comparing it with the highest balance the account has reached. The max balance drawdown is the maximum registered balance drawdown throughout the account history.

Best Regards,

Panagiotis 

Join us on Telegram

 

I have noticed that if my starting balance is 10 eur and I never lose a trade for a month. Even If I make from 10 eur to 300 eur. Let's say I needed 1 month to do this and I had 200 trades opened and closed. Then after  month If my first trade in the day I lose 10 eur . 300 eur minus 10 eur is 290 eur. The max balance drawdown will still be minus about 90% . It changes from no balance drawdown to about minus 90% . It is not based on current actual balance.  This is what I have noticed. 

( but if after a month, that I already made a 300 eur from 10 eur, I have some successful trades. Lets say I make 40 eur. Then I lose 30 eur. There is no drawdown. If this happens in the same day. But if I lose a trade, the calculation for the max balance drawdown is made based on the first starting balance. )

 

But I hope you are right, so I will actually test your claim

 

Regards


@Wazzup

Wazzup
16 Mar 2021, 16:16 ( Updated at: 21 Dec 2023, 09:22 )

RE: RE:

Professional said:

PanagiotisCharalampous said:

Hi Professional,

Did you notice that the charts are different? As far as I know BTCISD is closed on IC Markets for the weekend while open for TopFX.

Best Regards,

Panagiotis 

Join us on Telegram

Dear PanagiotisCharalampous

I did not notice it.

You are 100% correct. I admit this is my mistake. I will be more careful next time.

I can not trade cryptocurrencies with Ic Markets on weekends on cTrader.  I have to use TopFX and Fondex for this.

 

I'm sorry for my mistake.

Thank you very much for the support mister PanagiotisCharalampous

I wish you a wonderful day and all the best in trading.

Regards

 

 

I would just like to add, how very interesting is that the moving averages ema 18, ema 50 and sma 200 are so perfectly respected on the Hourly chart on ic Markets. Even if the moving average the  sma 200 is not positioned as it should be, because everything what was happening on weekend is missing..

Regards

 


@Wazzup

Wazzup
16 Mar 2021, 13:37

RE: RE: RE: RE:

danishiam1 said:

Professional said:

arunsub321 said:

PanagiotisCharalampous said:

Hi Professional,

The next version of cTrader Copy will have an additional option in that drawdown list where the strategy provider will be able to hide the open positions from everybody. Therefore to change these conditions a restart of the strategy will be required.

Best Regards,

Panagiotis 

Join us on Telegram

 

not cool...how will we know when to stop copying positions from providers when they make clearly poor trades ? example: trading on red bar news !!

 

I totally agree with arunsub321 .

 

Live copier must know about open positions.  cTrader should make a change in strategy settings the way so we the Strategy providers can change the settings to: Only show positions to live copiers 

Me as a strategy provider would very much appreciate this.  What we really want is to hide our open positions to non copiers and our demo copiers. This is because some demo copiers (copy cats) only copy us so they can watch when we open any new positions and then they open their own strategy with exact positions that we opened. They are stealing money from us.   It's kind of ironic. We must allow others to demo copy us, because they have different brokers and results of us copying are different, so they must demo copy us firs to test if they are even making profit and so on..

My biggest wish is so I can change my strategy settings  -  Show Positions to : Only my live copiers    

 

With Respect to all others. I would not want any1 to see my trades. Strategy provider should inform the copiers of the max expected drawdown. I have worked hard to trade successfully and my strategy protects my account. i would inform all my copiers that they should set a hard stop at a certain level so if the Equity is going down my stupidity and lack of knowledge doesnt destroy every1 else. We saw what happened with un protected equity with  Relax. I lost 32000 in July to ATM DREAM CAPITAL . If i cannot protect their funds i shouldnt go off trading with their money.

 

I VOTE  "YES" to hiding trades from every1 as i have seen people putting $1000 to copy trading and then replicating on another account to make profits. 

If some1 isnt comfortable with the hiding of trades they shouldnt copy . The Option should be there .

 

I also vote yes to hiding my open positions to everyone or to demo copiers or non copiers. 

But having to restart the strategy just for a simple change in settings is ridiculous. We  lose all the copiers this way. I know they get an email, but not everyone will copy you back or even know how to restart copying you.

It is normal that we have to restart providing the strategy if we are only changing  the fees ( Performance fee, volume fee,.). But to restart providing a strategy just for a simple change in settings like hiding your open positions to all or to demo copiers is not ok. In order to do this we must stop providing the strategy, change the settings, and then start providing it again. We did not have to stop providing the strategy in  older versions of cTrader before 4.0 release  for such a simple change in settings.

 


@Wazzup

Wazzup
16 Mar 2021, 10:48

RE:

PanagiotisCharalampous said:

Hi Professional,

Did you notice that the charts are different? As far as I know BTCISD is closed on IC Markets for the weekend while open for TopFX.

Best Regards,

Panagiotis 

Join us on Telegram

Dear PanagiotisCharalampous

I did not notice it.

You are 100% correct. I admit this is my mistake. I will be more careful next time.

I can not trade cryptocurrencies with Ic Markets on weekends on cTrader.  I have to use TopFX and Fondex for this.

 

I'm sorry for my mistake.

Thank you very much for the support mister PanagiotisCharalampous

I wish you a wonderful day and all the best in trading.

Regards

 


@Wazzup

Wazzup
10 Mar 2021, 07:39 ( Updated at: 10 Mar 2021, 13:02 )

RE: RE:

arunsub321 said:

PanagiotisCharalampous said:

Hi Professional,

The next version of cTrader Copy will have an additional option in that drawdown list where the strategy provider will be able to hide the open positions from everybody. Therefore to change these conditions a restart of the strategy will be required.

Best Regards,

Panagiotis 

Join us on Telegram

 

not cool...how will we know when to stop copying positions from providers when they make clearly poor trades ? example: trading on red bar news !!

 

I totally agree with arunsub321 .

 

Live copier must know about open positions.  cTrader should make a change in strategy settings the way so we the Strategy providers can change the settings to: Only show positions to live copiers 

Me as a strategy provider would very much appreciate this.  What we really want is to hide our open positions to non copiers and our demo copiers. This is because some demo copiers (copy cats) only copy us so they can watch when we open any new positions and then they open their own strategy with exact positions that we opened. They are stealing money from us.   It's kind of ironic. We must allow others to demo copy us, because they have different brokers and results of us copying are different, so they must demo copy us firs to test if they are even making profit and so on..

My biggest wish is so I can change my strategy settings  -  Show Positions to : Only my live copiers    

 


@Wazzup

Wazzup
08 Mar 2021, 21:47

RE:

Chartist said:

Are you sure you haven't stolen a photo from here

 

 

Dear Chartist

My question is not about the photo.

 

My answer to your question is: 

I do not consider the photo I put on my strategy description 'stolen'.  My intention was not to look for a photo I can steal and use it. I was simply looking for a nice photo on the internet to put it in my strategy description. 

If you can prove to me this is stealing I will gladly remove it. I'm an honest person and I don't like people who steal from others. 

I didn't even think of it that way. I'd never steal anything from anyone. 

Yes, I copied the link from the reddit page with this photo. I really like the trading desk setup.

 

Wish you all the best in trading dear Chartist

Regards


@Wazzup

Wazzup
22 Feb 2021, 10:15 ( Updated at: 21 Dec 2023, 09:22 )

RE: my email address.

PanagiotisCharalampous said:

Hi Marko,

The email I provided is community@spotware.com, not support@spotware.com.

Best Regards,

Panagiotis 

Join us on Telegram

Hello,

 

Thank you very much.

I just sent an email to community@spotware.com .

I did not know it was an email. I thought it was just an internet site. I googled community@spotware.com and I got this:

 

Thank you

 

Best regards

 

Marko

 


@Wazzup

Wazzup
22 Feb 2021, 09:04 ( Updated at: 21 Dec 2023, 09:22 )

RE:

PanagiotisCharalampous said:

Hi Marko,

I did not ask you to write your email address here but send me an email from the email address that owns this account. You can contact me at community@spotware.com.

Best Regards,

Panagiotis 

Join us on Telegram

Hello,

 

Thank you very much for the information.

 

I just sent an email to support@spotware.com with some screenshots of our conversation here. 

Usually when I send an emal there they say that the email is no longer for costumers and I should write here. I tried it before. That was my experience.

 

Best regards

 


@Wazzup

Wazzup
21 Feb 2021, 07:54

RE: my email address.

PanagiotisCharalampous said:

Hi Marko,

Please send me an email from the email address that owns this account and I will delete it for you.

Best Regards,

Panagiotis 

Join us on Telegram

Hi,

 

If I reply here and write my email address here, everyone will see it. I do not want this.

Where can I send you my email address?

 

(I'm sure you can see my email. I am logged in right now. Otherwise I couldn't reply to you)

 Please advise.

 

Thank you

 

Marko


@Wazzup