Throw your reviews at me

Please throw at me your reviews from my trading system (after 3 years of trading on the market). Currently I have paid tuition to Mr.market about 15k$.

Without knowing more, this system looks like a suicide to me..

Most importantly, I control my balance and profits can be withdrawn

At first glance that trade explorer looks very impressive, but on a deeper look it seems you have made around £1660 in profit and not millions as I first thought. Still though the trades appear profitable ...but then I take a look at the trade report in detail and see profit factor is 1:34 which is good I guess as it's above 1 (anything above 1 means you are profitable) but at 1:34 I wouldn't call the profit factor here "impressive"

when i look at the section that says win rate it seems you are winning 62.7% of the time which seems good... until i read further on where it says your average win is 1.6% and your average loss is 4.3%. maths was never my strong point but it seems your average loser is almost 3 times as big as your average winner.

it also says your best trade return is was 129.6% which seems fantastic until I see your worst trade return which is 105.4%

if you were -105.4% then it means you blew an account.

all in all at first glance your trading system seems impressive but when I go deeper I see many things which look "odd" and don't really make sense. I therefore suspect you have somehow been manipulating the results through changing certain settings/parameters but something prevented you from doing it throughly as i can see stuff like negative pips and loosers 3x as big as your winners which quite frankly should cancel out the winners and put you in negative.

due to the fact I suspect you are trying to hide/manipulate things and there is a lot of contradictory stuff when I click on trade report I am rating this system a 0/10

for a laugh after writing that I wanted to see what chatgpt's opinion on your system was so fed it your trade report, this is the answer it gave me:

"To evaluate the trading performance based on the statistics provided in the trade report, let's analyze the key metrics and overall performance.
Key Metrics:
Performance:

1. Profit Factor: 1.34
   1. Indicates profitability; a value above 1 means profitable. This is a modest profit factor.

2. Sharpe Ratio: 1.73
   1. Measures risk-adjusted return; above 1 is generally considered good.

3. Sortino Ratio: 0.00
   1. Measures risk-adjusted return relative to downside deviation; 0 suggests it might not be calculated or relevant data isn't provided.

4. Return: 3.7%
5. Time Return: 336.8%
6. Annualized Return: 1,731.5%
7. Gross Gain: 188,660,199 VND
8. Gross Loss: -140,383,956 VND
9. Profit: 48,276,243 VND

Trade Stats:

1. Closed Trades: 1,100
2. Win Rate: 62.7%
   1. A win rate above 50% is generally positive.

3. Average Trade Return: -0.6%
   1. Negative average return per trade suggests many trades may have small losses or break-even.

4. Average Trade Duration: 18 minutes
5. Winning Trades: 690
6. Losing Trades: 410
7. Average Winning Trade: 1.6% (273,421 VND)
8. Average Losing Trade: -4.3% (-342,400 VND)
9. Max Consecutive Wins: 14
10. Max Consecutive Losses: 8

Risk and Drawdown:

1. Max Return Run-Up: 4.2%
2. Max Return Drawdown: -100.0%
3. Max Profit Run-Up: 50,072,525 VND
4. Max Profit Drawdown: -18,496,281 VND

Averages:

1. Daily Return: -0.6%
2. Weekly Return: 5.9%
3. Monthly Return: 3.9%

Instruments:

1. AUD/USD: Return 37.7%, Profit 1,773,968 VND
2. USD/JPY: Return 4.7%, Profit 69,513 VND

Analysis:

1. Profitability and Risk:
   1. The profit factor of 1.34 indicates the system is profitable but not excessively so. The Sharpe ratio of 1.73 is good, suggesting decent risk-adjusted returns.
   2. The annualized return of 1,731.5% appears extremely high, but it needs to be viewed cautiously because extraordinary returns often come with high risks.

2. Trade Win Rate and Return:
   1. A 62.7% win rate is solid. However, the average trade return of -0.6% and the negative daily return (-0.6%) indicate that while the system wins more trades than it loses, the losses on losing trades are significantly higher than the gains on winning trades.
   2. The average losing trade (-4.3%) is much larger than the average winning trade (1.6%).

3. Drawdown:
   1. A max return drawdown of -100.0% suggests that at some point, the account experienced a complete loss. This is a red flag and indicates significant risk and potential for substantial losses.

4. Consistency:
   1. The daily, weekly, and monthly returns show inconsistencies, with negative daily returns and positive weekly and monthly returns, suggesting volatility and possible short-term losses.

5. Instrument Performance:
   1. AUD/USD has performed well with a 37.7% return, contributing positively to the overall profit. The USD/JPY performance is much lower but still positive.

Conclusion:
The trading system has a high win rate and decent risk-adjusted returns, as indicated by the Sharpe ratio. However, several concerning factors need to be addressed:

1. High Drawdown Risk: The maximum drawdown of -100% is a critical concern, indicating that the trading strategy can lead to complete loss.
2. Negative Average Trade Return: Despite a high win rate, the negative average trade return suggests issues with risk management, where losses outweigh gains.
3. Volatility: Negative daily returns with positive weekly and monthly returns indicate possible short-term volatility and inconsistency.

While the system has shown the ability to generate profits, the high drawdown and negative average trade returns suggest significant risk. Improving risk management and ensuring that losing trades do not outweigh winning trades is crucial for long-term sustainability and profitability.
Overall, the trading system can be considered for potential profitability but requires adjustments to reduce risk and ensure more consistent positive returns"

a review will be next 4 years , depending on which time frame you use , regardless you trading system

Hold up.... Tuition fee of $15k????

Metaphor. He means he’s lost about $15k in the market, while learning from his experiences. Not literally a tuition-fee!

Actually, the indicators shown on the system will not be correct. when I withdrew most of it and left a negligible amount to make a few emotional all-in bets, distorting the parameters you saw. I only care about PNL, absolute discipline according to the system, absolute stop loss settings.

his Sortino Ratio is 0.05
could ypu please explain it to me . . .
for example how they know risk-free ration .. from where i get this variable value?