8/1 月 profit 1,000,000 www

FX Auto Trading, EA developerReiwa Double-E here.

There are many people in the world, but

indeed, you don’t want to be scammed by unscrupulous product sellers.

For example

when they only write monthly interest rates, you should avoid them

when they write things like “monthly profit of 1,000,000 yen,” you should just ignore them with a laugh

Well, not that it’s a problem

“Monthly profit of 1,000,000 yen” probably means

in principle, monthly or yearly rates refer to “yield,”

which are percentages, not amounts of money

they are percentage orders.

Therefore

“I am an unscrupulous product seller who inflames greed despite having no knowledge”

is basically what they are saying,

so please read carefully before leaping in.

Also,

From objective backtest data of an EA,

evaluated from the perspective of recovery factor,

you should at least want to see a forward test for a year or more,

and in that case you should view it as yielding above annual rate.

If you want to calculate a monthly rate, use it as the “average monthly rate.”

Divide the annual rate by 12 to convert to monthly rate.

Returning to the previous topic, on a serious note,

if you can expect “monthly profit of 1,000,000 yen,”

please also consider that there could be a monthly loss of 1,000,000 yen.

First of all,

you should understand how much capital is needed to achieve “monthly profit of 1,000,000 yen.”

If you don’t know that, it’s better not to proceed at all.

Even if a “monthly profit of 1,000,000 yen” could be realized,

you almost never get the same level of profit every month.

Rather, even excellent EAs experience monthly losses as routine.

Don’t stop the EA just because there was a “monthly loss.”

From objective backtest and forward data,

decide whether to keep operating or stop.

A simple idea is to

“Stop using the EA if the maximum drawdown in backtests is exceeded.”

This will be explained another time.

Well then!