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Meaning of the Zorro Headline #426659
07/26/13 15:26
07/26/13 15:26
Joined: Jun 2013
Posts: 5
Bayern, Germany
WolfgangS Offline OP
Newbie
WolfgangS  Offline OP
Newbie

Joined: Jun 2013
Posts: 5
Bayern, Germany
Hello,
this is my first post.
I startet real about 1 week ago (18.7.2013) with 2000 € on FXCM.
Now the message of Zorro reads: 3040 +0 +1010 !!/////\
It is working pretty good, but what does the !! mean?
I see 7 winning and 1 loosing trade, but why !!

Regards
Wolfgang

Re: Meaning of the Zorro Headline [Re: WolfgangS] #426660
07/26/13 15:43
07/26/13 15:43
Joined: Jul 2013
Posts: 522
D
dusktrader Offline
User
dusktrader  Offline
User
D

Joined: Jul 2013
Posts: 522
If you go to the manual here: http://www.zorro-trader.com/manual/
and then click on "Trading" at left, it explains these codes

Re: Meaning of the Zorro Headline [Re: WolfgangS] #426665
07/26/13 16:25
07/26/13 16:25
Joined: Jul 2013
Posts: 75
R
royal Offline
Junior Member
royal  Offline
Junior Member
R

Joined: Jul 2013
Posts: 75
Originally Posted By: WolfgangS

I startet real about 1 week ago (18.7.2013) with 2000 € on FXCM.
Now the message of Zorro reads: 3040 +0 +1010 !!/////\

Regards
Wolfgang


The ! means the trailing stop is in profit. From 2000 € to 3040 € in one week? Which margin / risk settings do you use? I think your risk is much too high for a 2000 € balance.

Re: Meaning of the Zorro Headline [Re: royal] #426675
07/26/13 18:35
07/26/13 18:35
Joined: May 2013
Posts: 627
Bonn
Sundance Offline
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Sundance  Offline
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Joined: May 2013
Posts: 627
Bonn
copy that.

Wolfgang do you use the out of the box margin? Do a test and look at the needed capital info Zorro shows you. It should be less than you have on your account...

Re: Meaning of the Zorro Headline [Re: Sundance] #426683
07/26/13 22:25
07/26/13 22:25
Joined: Jun 2013
Posts: 5
Bayern, Germany
WolfgangS Offline OP
Newbie
WolfgangS  Offline OP
Newbie

Joined: Jun 2013
Posts: 5
Bayern, Germany
This is plain Z12s with Margin 100 and Risk 10.
I know, in the test is a drawdown of about 7000 €, but the equity is increased in the time from start to begin of the drawdown from 2000 € to 60000 €

Re: Meaning of the Zorro Headline [Re: WolfgangS] #426698
07/27/13 12:15
07/27/13 12:15
Joined: Jul 2000
Posts: 27,986
Frankfurt
jcl Offline

Chief Engineer
jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 27,986
Frankfurt
I have to agree to the others. You have been lucky with the EUR 1000 win, but a margin of 100 is too high for a EUR 2000 account. I would set the margin to 10 or 20. At 100, even a minor drawdown can wipe the account, and minor drawdowns happen all the time.

Re: Meaning of the Zorro Headline [Re: jcl] #426702
07/27/13 12:27
07/27/13 12:27
Joined: May 2013
Posts: 627
Bonn
Sundance Offline
User
Sundance  Offline
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Joined: May 2013
Posts: 627
Bonn
With Z12s strategy i set my margin to 4 with a 1000€ account and will set it higher when the account grows...

Re: Meaning of the Zorro Headline [Re: Sundance] #426706
07/27/13 13:20
07/27/13 13:20
Joined: Jun 2013
Posts: 1,609
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DdlV Offline
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DdlV  Offline
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Joined: Jun 2013
Posts: 1,609
WolfgangS (& others if correction is needed),

I'm a newbie too, but my understanding is different than what you described. The Tested equity growth is just what that simulation produced. The actual equity growth in Trading can be very different. The DD and capital required that are presented are meant to be adequate with a high confidence level, but even they are not absolutely certain to be OK.

In short, use the capital Tested for your Margin & Risk settings (or the other way 'round laugh ), but keep watching in case you're the one 2+ (or whatever) standard deviations out. frown

HTH (& is more or less correct laugh ).


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