Hey everyone,
Need ideas on how to prevent drawdowns. Want to maximize profits and keep my trading capital.
Please share ideas
Drawdown is part of trading, you goal should be to minimize it, while maximizing return.
A good risk/reward ratio along with the use of stop loss can help minimize it, in order to avoid getting trapped into long time deep drawdowns.
Drawdown is part of trading, you goal should be to minimize it, while maximizing return.
A good risk/reward ratio along with the use of stop loss can help minimize it, in order to avoid getting trapped into long time deep drawdowns.
Hey Eleni,
Thanks. Initially i thought a strategy to prevent draw downs is to fund my account with a huge sum and not use stop loss.
For as long as the chart is moving on the opposite side of my trade order, 1 day it will move the side that bring in profit.
Is that wise?
Hey Eleni,
Thanks. Initially i thought a strategy to prevent draw downs is to fund my account with a huge sum and not use stop loss.
For as long as the chart is moving on the opposite side of my trade order, 1 day it will move the side that bring in profit.
Is that wise?
If you have a very large account trading with small positions, in order to minimize drawdowns, you will decrease at the same time your potential for good profit.
Not using stop loss is a hold and pray strategy and at some point will fail.
If you have a very large account trading with small positions, in order to minimize drawdowns, you will decrease at the same time your potential for good profit.
Not using stop loss is a hold and pray strategy and at some point will fail
can't afford to lose money on a hold and pray strategy. will implement stop loss then
Hey everyone,
Need ideas on how to prevent drawdowns. Want to maximize profits and keep my trading capital.
Please share ideas
Trade without leverage or use lowest leverage , only it can fix your issue
If you have a very large account trading with small positions, in order to minimize drawdowns, you will decrease at the same time your potential for good profit.
Not using stop loss is a hold and pray strategy and at some point will fail.
The only way to minimize draw-down is to accept your losses (close losing positions) when they are still small. The alternative is called
gambling and rarely works out.
Hey everyone,
Need ideas on how to prevent drawdowns. Want to maximize profits and keep my trading capital.
Please share ideas
Hi, you can use several strategies with low correlation, this strategy portfolio is less sensitive to value drops DD. Regards Greg
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Hey everyone,
Need ideas on how to prevent drawdowns. Want to maximize profits and keep my trading capital.
Please share ideas