DislikedOnly time will tell. No matter how many good advice People share. Some times one need to fall inorder To stand up strong. I fail to become better. Every failure will make me counter think. There are some valuable experience key sentence If you can spot it. All the best...Ignored
If it is leverage of 1:50. You probably won't be able to fight. Why not try your strategy on price range. Survival rate is higher. Question is how to spot it. Let's say the price return to your breakeven point after 2 or 4 months. Closed it? Or add to it? Wouldn't it be better trying to make better profit during these months.
10%drawndown on real money is enough to make me sick.