STOP LOSSES on managed accounts

I am thinking of operating a 1% (of capital) daily stop and 5% monthly stop on managed accounts. How does this sound to people.. I understand that it al depends on how big the accounts are and what the profit projection is going to be but i am looking for views on what is standard ?

Generally you let your live account trading record speak for itself. Accredited investors and institutions wish to see two years of live trading and they can analyze for themselves.

Accredited investors & Institutions generally do not tolerate more than 15% DD. Many Forex traders state this is impossible, thus managers trade other elements in the portfolio to stablize it.

By you drawing lines in the sand and promising that you discontinue trades at these lines is not the norm. You usually explain what your method trades and what to expect....but to make these lines will just cause some problems later.

The entry point of your investors will determine many things...I know of a fund that is up like 20%...this year, but the ones that got in last year are not even at BE yet..(see Sentiment Fund).

Generally managed accounts utilize a longer term trading mentality and investors do not like roller coaster rides and will not tolerate much. A Trader does not generally participate in Investements. An Investor may allocate up to 15% of his portfolio into Forex.

ES

1% is good but profit is also limited