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Well, that's true too. My point is more that a certain style of trading may be required for a certain evaluation/combine/whatever-they-call-it. Whether traders adapt or leave, they will not do well if a mismatch continues. So then a choice needs to be made, one way or another.
Also, not every trader is as great as they think they are (well actually, probably none of us are), which is sometimes why they (we) have problems with these programs, but it's sort of less polite to point that out, so I didn't.
Thanks for everyone's reply. This is truly a great community.
As was mentioned a person will need to adapt his trading style with the combine. My trading was more algorithmic with fixed targets and sl which didn't work cause if the target is missed by a few ticks and hits your sl the trailing drawdown still counts against you.
I plan on going forward trading the combine manually. Thanks again for all the input.
After an entry, the max favourable movement might last for next 4-5 bars when the exit should be made.
If these 2 things are not there, the account balance would probably hit the trailing drawdown.
Of course once it crosses the profit exceeding the total drawdown value, then this issue does not arise.
Its the performance at the beginning of OneUp that will decide the outcome.
The SL:TP is not same as MFE: MAE. Exit is not at the peak of MFE but lower hence TP is just 1.5 times SL, so win rate has to be greater than 50. I know its very hard to find such parameters.
What would be your approach to beat the odds at oneUp, if I may ask?
