{quote} Is not coincidence, I quote your picture because I think it was missing something, ... how one could interpret for himself those values?. Where, you know that 10%dd is working for you for others this 10%dd might be irrelevant. Therefore, I came up with the idea of putting near the picture the personal monthly % ... meaning that for some 10% might be too much or 30% could be accepted...
here is a re-posting of the screenshots, plus one:
of course the accounts i have with higher or lower risk multiplier correspond to these numbers too, in general.
the reason why i advocate the -10%DD is simple because it is an ideal starting point when one thinking to build a track record. it is low enough to be looked upon favorable.
for example, here is AxiSelects program description (pdf):
https://drive.google.com/file/d/0B2w...5WUhuektn/view
while it may not be the interest of everyone to manage some money, or even trade for a living, full-time, i thinkmany who click on this journal may be thinking to go down on a similar path i am on myself.
that said, i have account what trade higher risk and in turn higher drawdown than the -10%, one can easily divide up his capital between multiple accounts.
the important take is to have one stable, low drawdown account that in 6-9 months time can be built to serve to open up some doors/opportunities.
dont have to mention that it has to be live, standard/ECN, with 1-5k equity minimum. no demo, no cent account considered by anyone really ( except maybe some very noob 'investors' with small to tiny accounts).
there is always, always another trade!!
... not looking to point on you (I don't know why you read this) but maybe help one to assess his % dd risk.
, have you been Chiang Mai
