Draw Down is the most unwanted but unevitable part of trading, unable to control the DD will caused so many traders loss their account because of market move against their trading positions. That is why it is very important to setup our maximum DD target at the first on our trading plan. Acceptable maximum DD will depends on every traders willing to risk on their trading, some want low, some want medium, some want high risk 100% DD (mostly them who gambling the market without planning). For my system, i setup medium risk 40% DD as maximum DD as i believe this risk is reasonable and acceptable to gain high profit too.
Want to lowering risk while copying my system is also easy, using copy software will make controlling DD as you want become easy. I saw many investors lost their money because they forgot to setup their maximum DD for themsleves and let their trader handle the DD without knowing their trader having DD setup or not. It is time to change the way you invest, it is your money, so it is time to control and setup your own maximum DD target
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.