Price-Action Extremist
Drawdown % vs. Profit 11 replies
What drawdown does everyone use? 18 replies
How do I read a statement (drawdown)? 0 replies
Delta&DrawDown? 0 replies
Disliked{quote} good run up. careful with the adding on same positions at/near same prices, which could (usually does) lead to an over leverage disaster. In fact, I've yet to see anyone sustain that kind of repetitive multiple position size management profitably for more than 3 or 4 months. Too many times have I (we here) seen these kinds of MM strategies blow up. it "looks" like you have leverage under control per position, but the reality is, net position wise, you are carrying heavy, which is ok per se, however, one bad directional set of trades going...Ignored
Disliked{quote} excellent analysis Pipologist 100% agreed, now its time to tone down the risk and yes i have excel sheets with risk model in order 10 diff types that can sustain minimum 1000 pips DD to 3000. Each pointing to if i keep the risk constant with compound growth. 1-2 yrs (safely, million dollar will be in account) Just gotta survive the black swan days and not over-leverage when seeing some DD. Yes good analysis. I have been thinking exact same. Problem with mt4 is once u hit a DD it stays with u even if u trade .1% DD rest of your life. Anyways,...Ignored
Disliked{quote} the maximal dd % goes down as your equity goes up as long as all other ratios are the same, eventually you'll be at max position size per account or trade per broker, which is with PS, 200 lots per position, but your leverage will go down as your position size goes up. ALSO, be careful to NEVER let it hit or get close to stop out level for the leveage/equity with broker...each broker is different. lastly, there's a guy based out of london/singapore that has a prop trading firm, he used to work for GS I think, an English bloke, he holds a...Ignored
DislikedThanks Ken A, It sure is quiet, isn't it? Looks like i am up 16K+ since i was asking people to join my autocopy signals (a missed opportunity) The human HFT continues...Ignored
DislikedThanks Ken A, It sure is quiet, isn't it? Looks like i am up 16K+ since i was asking people to join my autocopy signals (a missed opportunity) The human HFT continues...Ignored
DislikedCongrats on your stats. Why not post this on myfxbook or MQL5 and add a subscription fee for it. Much easier foe you to manage (there's nothing to manage), you'll get more exposure and wider audience. Myfxbook also will allow account verification and make your offer a lot more transparent.Ignored