Low Risk USDCHF (de MohitVS)
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Discussion Low Risk USDCHF
Dec 07, 2016 at 13:23
Vues 641
6 Replies
Jan 26, 2018 at 13:41
Rustyiron posted:
Yeap, that was clearly ignored, very disappointing. Reached 55% DD
This trader is worst than I thought. Martingale will always lead to a blown up account without a hard stop. Their reply to me was that some traders sent a message asking to let the DD run....okay...so a few people ask and you let EVERYONE run into massive DD. Anybody running the strategy at 2x risk or more has already blown their accounts. Insane.
Hard stop at 10% means 2x risk, you give yourself a 20% max risk. Some people can be comfortable with that, but its out of the window once a 'hard stop' isn't a hard stop at all.
Jan 28, 2018 at 06:51
Yeap, unfortunately I was one of those. With single digit DD history beforehand was comfortable with that, bit foolish.
Didn't know that, he really should update the commentary if that was his plan. Had taken a loss before through the signal but it was small and recouped quickly, which made me feel more comfortable that he would close out if looking completely wrong. Was ok with a 20% hard stop.
Live and learn I guess.
Didn't know that, he really should update the commentary if that was his plan. Had taken a loss before through the signal but it was small and recouped quickly, which made me feel more comfortable that he would close out if looking completely wrong. Was ok with a 20% hard stop.
Live and learn I guess.
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