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@  CRAIGL : (18 September 2018 - 02:39 AM) good afternoon
@  traderpusa : (17 September 2018 - 08:46 PM) good morning
@  Tripack : (17 September 2018 - 11:12 AM) Well, I will see how it goes, I really love the chat interaction lately lol :P take care !
@  Tripack : (17 September 2018 - 10:35 AM) Right, maybe risky but longeurusd again
@  Tripack : (17 September 2018 - 09:26 AM) Taking a break, good luck !
@  Tripack : (17 September 2018 - 09:25 AM) Carefully quick shorting but less weight
@  Tripack : (17 September 2018 - 09:12 AM) & out
@  Tripack : (17 September 2018 - 07:58 AM) Looking good :)
@  Tripack : (17 September 2018 - 06:36 AM) eurusd
@  Tripack : (17 September 2018 - 06:35 AM) Was initially short biased for today but not anymore, thinking 1.170 has a chance ?
@  Tripack : (17 September 2018 - 06:31 AM) Probably more stocks/indices impacting but still...
@  Tripack : (17 September 2018 - 06:30 AM) careful in general today/tomorrow as us vs china news may come out
@  Tripack : (17 September 2018 - 06:29 AM) Eurusd becoming harder to trade
@  dawid9840 : (17 September 2018 - 04:24 AM) fib pivot
@  Tripack : (17 September 2018 - 01:11 AM) Morning
@  traderpusa : (16 September 2018 - 07:32 PM) Good morning
@  ahmetesk : (16 September 2018 - 11:07 AM) @sgfn01 Maxim? yes that crazy gambler with martingale :P
@  hongquan102 : (16 September 2018 - 05:36 AM) billykay indicator
@  sgfn01 : (15 September 2018 - 05:27 PM) Hello people! a long time ago had a Russian trader Makisin he was always among the first placed in the world ranking iq option, what will happen to him, I never saw his name in the ranking.
@  Bigindoda : (14 September 2018 - 03:27 PM) friday night gave me nice profit https://charts.mql5....-point-of-3.png





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D 7

Posted by ac44 , 27 February 2018 · 781 views

D 7 a lot of bad decision, instead of maintaining 1% got caught up in a revenge fight ending with a drawdown of 31.40%

need to restructure MM strategy.

  • Tripack likes this



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littlebuddy
Feb 27 2018 05:38 PM

Your MM approach is just like many BO traders. We all think that we have it down to a structured MM but we are actually setting up our account with gasoline waiting for a bonfire. When you win, you stick to your plan of 1% winning. And now you lost, it was a 31% draw down, it doesnt make any sense isnt it?

It is like telling yourself if you win, you just want to take a small amount of winning but if you lose, you are willing to risk almost half of your account.

Your MM approach is flawed for sure but the more important and underlying factor is how you want to handle your winners and losers. Have you thought of turning the picture around? Making at least 30% daily and keep to 10% draw down if you have a bad session? Another recommendation is this. There is no absolute guarantee that every day is a winning balance account. Why not be selective and trade on days with higher probability of winning? 

    • Tripack and hatırlaa like this
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No need to give up ! There is MM but maybe you try to trade the same way in any circumstances, i.e. low and high volatility times etc...

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September 2018

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Recent Entries

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    D 7
    27 February 2018
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    D 6
    26 February 2018
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    D 5
    25 February 2018
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    D 4
    23 February 2018
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    3rd day
    22 February 2018

Recent Comments

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    D 7
    Tripack - Mar 07 2018 07:10 AM
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    D 7
    littlebuddy - Feb 27 2018 05:38 PM
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    3rd day
    Tradista - Feb 25 2018 04:17 AM
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    3rd day
    ac44 - Feb 23 2018 11:07 PM
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    3rd day
    Tradista - Feb 23 2018 04:08 AM

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