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Length of track record and managed accounts?
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Thalantas

Membre depuis Mar 29, 2012  192 messages Thalantas Jan 05 2014 at 11:47
FXtalk_eu posted:
I think good benchmark I suggest to community is to observer system during first major draw down and how it recovers. If it makes a new equity high after major DD then wait for next similar level DD and only then join EA/Signal/ whatever it is.
It usually takes more then 3 months.


Honestly if a new lowest DD is followed by a new high in equity, I would seriously be worried. An excessive risk would be taken to compensate for the bad drawdown. A high drawdown should be slowly compensated over time by applying the normal strategy of the system.

A smooth sea never made a skillful sailor.
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