Exactly, look here:Originally Posted by ;
chart is made on period 2011-2016 and shows price behavior from mix BBS (blue) and SSB (crimson )
BBS: buy eurgbp, buy gbpusd, sell eurusd -- each 1 lot dimensions
SSB: sell eurgbp, sell gbpusd, buy eurusd -- each 1 lot dimensions
from that chart can be observed, that in certain time trades portfolio may go from 2000 to -3500, and it is drawdown -5500 USD, and this downward takes longer than 1 year for reverse - and if it reversed, yet another 1 side movement happend with reverse mix and choose another 1 year to undo
now somebody can assert, that you can take trades just in direction for profits - ok, but if you understand this direction, it is possible to take trades without hedging with more profits (other combinations can create larger DD, such as JPY pairs, even -15000 with 1 lot dimensions ), and below aren't calculated additional fees such as swap...
as you said, a lot of people/traders drops right into this systems for decades and are holding places for decades, are multipliing places for small profits and are hoping, that these tiny profits pay losses - possibly, but as result a lot of work from enormous drawdowns (since they are often multiplied)...
so people, dont be greedy to this egy