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When has occured the last big draw down. It seems that in august 2008, the system is blowing up the account. How is possible to foresee such situations ?
When has occured the last big draw down. It seems that in august 2008, the system is blowing up the account. How is possible to foresee such situations ?
Crystal ball?
It seem only way is to cut loses at certain loss percent...
That's hard to say...
Cut loses at level you feel is too much for you...
I say to cut losses at 30% percent... but is up to you what level to choose.
Also you can wait if trend seem to stop and wait for reversal....
Sure, can work this way, but 1000$ is very low for this type of strategy unless you have so called nano lot from your broker.
Also can withdraw profit on monthly basis until recover initial deposit then start to withdraw a percent and other percent to capitalize...