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Hello and Welcome back to the First forex show here at 1STFX TV studios
were hosted at the FOREXPROS.COM site and sponsored by the Prizmal2040.com.
s we did in the last shows we will run a professional review on the World Automatic Trading Championship
ocused on the Third week in the Championship.
Thank you people for the emails you've sent us, we answered most of them by return mail
and we would try to do our best with the rest to answer here or at our forum,
so please feel free to click our channel logo on the top right corner of the video and email us.
As you all know we have with us Vladimir, Known as PrizmaL from the Last ATC, where he won the 2nd place,
Vladimir prepared for us an interesting review on the third week in the show,
Vladimir, The Stage is yours …
Hello again David, we start today with the 3rd week review, this week we have many new users in the top ten
so as always, I would start with a quick review on the first 7 places, and then with the top 3 I would detail more..
on the 10th place we have AM2 from Russian Federation , with a profit of 149%.
Fell one place from last week, with almost no new profit.
on the 9th place we have a new arrival, bighope from Japan with a profit of 152%
a new arrival working on USDJPY with apparently no SL
on the 8th place we have a fall of four places, 4xprofitq from United States with a profit of 158%
made 5 trades and lost 9,000$ this week.
ouch..., so last week was really pure luck as you predicted..
yes, But this is trading forex, if your not professional enough.. sometimes your on the wave sometimes your on the floor.
on the 7th place we have ttauzo from Poland a new arrival with a profit of 173%
does a lot of trades with around 50% success rate ...
on the 6th place we have another new arrival, Ustas from Belarus with a profit of 175%
on the 5th place we have rho2010 from United States with a profit of 291%
a new arrival with a very high SL, though his graph looks very very nice.
on the 4th place we have Buter from Russian Federation a new arrival with a profit of 317%
Works on the EURUSD with nice SL/TP ratio.
On the 3rd place we have ShurikAn from Russian Federation with a profit of 414%
ShurikAn lost one place from last week , and his graph start pointing down.
on the 2nd place we have Anufrenko321 from United Kingdom with a profit of 459%
Anufrenko was one place lower last week, and This week he is recovering from a big drawdown very nicely.
Could you please explain our audience , what is the meaning of drawdown ?
Sure, a drawdown is the biggest fall you have in your graph (rather be calculated in percentage and not in dollars),
calculated from the highest point to the lowest point, in the real world it indicates how much money an EA can loss in one chunk,
or basicly, how dangerous is an EA.
On the 1st place we still have the championship current star bobsley from Russian Federation crossing the 1000% profit line
bobsley is keeping his meteoric raise in the championship sky, last week was more mild for him than the previous week
he now has a big gap on all other participants.
bobsley, we hold fingers for you here ...
Vladimir, In a broader view, what do you have to say on the third week ?
This week we had many new arrivals in the top ten, seems like all other EAs will have to work hard to catch bobsley
if he continues in this pace, but still its the forex world and all can happen.
an interesting point is to compare the results to the last ATC, Gorez (finished 4th place) had a profit of 1200%
in the end of the 3rd week in 2008 ATC so we are almost in the same area now.
Vladimir, a question we got from our viewers for you:
“Does Optimization really improves future trades ? Since market condition changes all the time ?”
This is a good question, every EA writer knows that in optimization stage,
all EAs looks like you can stop working and let the money flow,
but to tell you the truth the market does change in ways that no optimization can prevent,
but there are ways to make a “wise” optimization, that can predict if your EA will stand in changing market conditions.
Could you disclose this method here ?
sure David, since its only you and me talking here...
Instead of running an optimization from 2003 till today , What I usually do Is
optimize my system from 2003 till end of 2009, than I run it a test only from 2010 till today,
If the graph behaves in the test as in the optimization I have a winning horse,
and if not .. ?
than I go back to the sketching board..
Vladimir, as always I learn something new talking to you here.
Ok people, I Invite you to leave your comments & remarks in our forum or simply email us,
and until the next time folks, Go Earn Some Money.