Disliked{quote} mind to elaborate how your broker "forced you" into closing your trades when in acceptable/normal drawdown?Ignored
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Disliked{quote} mind to elaborate how your broker "forced you" into closing your trades when in acceptable/normal drawdown?Ignored
DislikedSince drawdown is an indicator of sustainability and the maximum accepted risk, this is the most important indicator. I try not to worsen my drawdown. But at the same time, when a trade is close to a negative value equal to a drawdown, I start to get very nervous and sometimes make mistakes. So you need to be able to handle it.Ignored
DislikedSince drawdown is an indicator of sustainability and the maximum accepted risk, this is the most important indicator. I try not to worsen my drawdown. But at the same time, when a trade is close to a negative value equal to a drawdown, I start to get very nervous and sometimes make mistakes. So you need to be able to handle it.Ignored
DislikedSince drawdown is an indicator of sustainability and the maximum accepted risk, this is the most important indicator. I try not to worsen my drawdown. But at the same time, when a trade is close to a negative value equal to a drawdown, I start to get very nervous and sometimes make mistakes. So you need to be able to handle it.Ignored
Disliked{quote} hi i am back, little weak, but ready to participate in few writings yes it is an indicator also, keep always your margin level above 300% , it will do a great help even if your account is very small in balance or equity also there is an indicator is equity to balance ratio %, i add this one into my trading calculations now my equity to balance ratio is 15% only but the margin level is 500%. that is meaning i have so many trades open but the hedging for each pair at the weekend is making a sum of 0 for both sell and buy trades opened trades...Ignored
DislikedDrawdown is part of trading. The question is how can you handle the whole situation while you wanna increase the account.Ignored
DislikedDrawdown is part of trading. The question is how can you handle the whole situation while you wanna increase the account.Ignored
DislikedAs far as this thread topic goes, has anyone been successful in keeping max peek to trough floating equity drawdown (NOT BALANCE) under 10-15% of AccountEquity() ?Ignored
DislikedAs far as this thread topic goes, has anyone been successful in keeping max peek to trough floating equity drawdown (NOT BALANCE) under 10-15% of AccountEquity() ? That is the only drawdown important to me. I don't give 2shits what my balance curve looks. It can go to negative for all i care as long as my equity grows. Please don't give me a stupid response like limit risk by trading only 1% risk or crap like stop trading after x consecutive losses. I have heard them all and tried them all. I am not seeking text book responses!(unless you have found...Ignored
Disliked{quote} Feel free to check out my journal, TE (live attached)....sure, not yet long history, only the 7th month on it. But not a tiny account neither, would say mid size based on usual standards here. Tough last week, ran into -8% equity DD ( open orders) or -4% day to day ( offset by closed orders same day). Else the past 7 weeks it was bellow -1% equity DD....gains 80%+, (or 29% abs gains). Use a hard equity SL of -10%. (not needed yet) Don't use fix lot sizes, fixed risk per trade, dont care individual SL ( only the equity stop!)...basically...Ignored
Disliked{quote} Yeah, usually never did go below 2-3%. But now I'm at around 4,5%, very bad last 2 weeks. How does it affect me? I'm stressing the shit out of me, question my skills and the strategy. I'm way too overreacting drawdowns.Ignored
Disliked{quote} Kudos! Looks good but 7 months is not enough (for me). Question: What does your trading plan say when you will hit a 10% hard Equity Stop? Continue trading as normal until you hit 10% * (90% of Accountequity()) ?Ignored
Disliked{quote} Overreacting is the right attitude imo (better than being scared and fearful). In my lifetime of driving, I have been involved in 4 accidents all with no fault of mine. Now I avoid driving near any VW, Acura, Nissan and Infinity LOLIgnored