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Why do we need your opinions? Opinions are only valuable if applied to yourself.
Then negotiate quietly. In private, say. And do not bullshit on the forum.
So go to those threads where your opinion applies, what's the problem?
Do not participate and try to change the rules, is not it strange?
So go to those threads where your opinion applies, what's the problem?
Not participating and trying to change the rules, isn't that weird?
Where to go is my business. And yours too, by the way, where you go.
Absolutely right. The difference is where our opinions are listened to and where they are not.
So don't go where they don't listen to you. Start with yourself.)
What do you mean by myth? 10% drawdown is a myth, but 100% drawdown is not a myth?
What 10% or 100% is irrelevant, both can happen sooner or later, it depends on the size of the lot in relation to the deposit. But with 10% drawdown there are 9 more attempts and with 100% drawdown there are no more attempts. Where do you think the investor will take the money more willingly, to where there are 10 attempts to restore the deposit, or only 1 attempt? And you, where would you take your money more willingly? Can you really trust your system, where there are no stops and the only limitation is a stop-out?
You're supposed to be educated people, but you think like roulette players... No, roulette players even try to have a few tries. These people risk all their money at once! There's nothing to compare that kind of recklessness to.
You won't believe it, but I was called here. Were you called here?)
Well, at least you've been invited somewhere).
Don't be jealous, it's sinful. And no one is interested. Better show your class in battle.
Working with stops with a ratio per trade of 2% of the deposit, when catching 5 losses in a row = -10% of the deposit, and it is not impossible to catch 5 losses in a row, it is normal practice when working with stops, and if you catch more than 5 losses, then you do not fit into the 10%. If you are working with a lower risk, you should have a large account to see profit, but then 10% drawdown is not a myth.
10% equity drawdown is in the position, not in a series of losing trades.