Getting cracked, at 9% drawdown.
Isn't this the point i pull the plug?
Isn't this the point i pull the plug?
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DislikedGetting cracked, at 9% drawdown. Isn't this the point i pull the plug? {image}Ignored
Disliked{quote} always the big question. your own drawdown tolerance tells when to stop. sometimes it saves you from big loss, sometimes it robs you from rebound. tough choice to make!!Ignored
DislikedI would automate that step. it is too hard to decide manually, at least for me. For example I would use maximum of 10 positions and SL all at the same price, about 10 * 20 pips from the first position.Ignored
Disliked{quote} I think at the end of the day like you said, tolerance will determine the performance of this strategy. But I do remember Ryan saying 7% on his personal accounts is where he pulls the plug.Ignored
Disliked{quote} the proverb goes something like this: "the night is always darkest before down" sometimes when it is feeling the most painful it might as well the final push to shake out the weak hands. it is a very difficult decision to make for sure, i am facing similar problem myself right now, after the huge moves in GU and GJ. right now somewhere within my tolerance still...but sure plays with my nerves more than i like too admit.Ignored
Disliked{quote} Also, I remember him advising someone to have their EA adjusted so that there is only 1 entry per bar. That would have definitely lessened the DDIgnored
Disliked{quote} I see what you mean. Yes, i'm just hopeful, thats all.. I see you're in something similar... Well i'm glad its still within your means, definitely rattles some nerves.Ignored
Disliked{quote} Yes he did, it would've saved me two entries i believe, so i'm seeking how this turns around. If it hits another 2 entries, i have to really rethink.Ignored