IS THIS PERFORMANCE REPORT BOGUS...

Discussion in 'Automated Trading' started by MISSSNP, Feb 20, 2024.

  1. MISSSNP

    MISSSNP

    i have an attached performance report for an undisclosed system. Can anyone please tell me what the flaw in the performance report is.. i.e. is the performance report flawed, based on the reported stats?
     
    SimpleMeLike likes this.
  2. maxinger

    maxinger

    upload_2024-2-21_8-56-57.jpeg

    There are thousands of such reports out there.
    You wouldn't be able to sleep if you were to analyse those reports.
    There are other more important things to do.
     
    jys78, MISSSNP and Slow Learning Elf like this.
  3. SunTrader

    SunTrader

    Avg time in market 0.06 minute!!!!!!!!!!!!!!!!!! :wtf:

    Also largest winning trade, largest losing trade both $1300 is fishy.
     
    murray t turtle likes this.
  4. tomkat22

    tomkat22

    I'm not familiar with vikestats,where did that report come from? If it's that important to you sit next to him as he downloads/prints out a report from his broker for that 1 year in question and tell him to give you time to go over those 1944 trades with a fine-tooth comb.
     
  5. MarkBrown

    MarkBrown

    :banghead:
     
    maxinger likes this.
  6. maxinger

    maxinger

    upload_2024-2-21_10-53-54.jpeg upload_2024-2-21_10-54-11.jpeg
     
  7. MISSSNP

    MISSSNP

    Sorry, largest losing trade is $49.5! not 1300. Avg time is .06minutes i.e. 3.6 seconds, !
     
    beginner66 likes this.
  8. MISSSNP

    MISSSNP

    like what? sleep! those thousands of reports are mostly all worthless in bottomline results, high drawdowns, low p/factors, etc, and a handful show something that stands out like the one I posted here...but.. again, when that happens, break it down, and lets see what it really shows, or fraudulently displaying...
     
  9. d08

    d08

    Profit Factor 9, so the guy is a billionaire.
     
    jys78 and murray t turtle like this.
  10. SunTrader

    SunTrader

    Sorry tired eyes when I looked at it last night.

    Largest winning long trade and largest winning short trade both $1300 - is also suspect.
     
    #10     Feb 21, 2024