I always learn something new from you. Outstanding.
Thanks for posting.
I always learn something new from you. Outstanding.
So you figure 14% is the max. dropdown you could live with (for the time being).
I never said 14% is the maximum I could live with that is @Kenrobert1's number.josi wrote: ↑Wed Sep 01, 2021 3:51 pmSo you figure 14% is the max. dropdown you could live with (for the time being).
How did you reach the number 28? Did you back- and forward-test your win rate and know that this is your probable worst case scenario (very professional) or is it just a random number you came up with (very gambling-style)?
Not being mathematically-minded I may be wrong but I think it would be less than 14% dropdown (taking the original sum as the basis of calculation) because as you continue to lose the total sum of your capital decreases: therefore 0.5% would be less and less each time.
And then again, of course, there'd be the cost of trading (broker, market order vs limit order etc).
Hi Josi,josi wrote: ↑Wed Sep 01, 2021 3:51 pmSo you figure 14% is the max. dropdown you could live with (for the time being).
How did you reach the number 28? Did you back- and forward-test your win rate and know that this is your probable worst case scenario (very professional) or is it just a random number you came up with (very gambling-style)?
Not being mathematically-minded I may be wrong but I think it would be less than 14% dropdown (taking the original sum as the basis of calculation) because as you continue to lose the total sum of your capital decreases: therefore 0.5% would be less and less each time.
And then again, of course, there'd be the cost of trading (broker, market order vs limit order etc).
Here we go again - "trolling"
Maybe too simple maths, really.
This is the Golden Nugget Dashboard (Experiment) indicator. A very good idea, though I can't get it to work on my platforms.
by mlawson71, Mon Mar 22, 2021 9:15 pm in Forex Fundamentals & News
by mlawson71, Thu Jul 22, 2021 9:32 pm in Forex Fundamentals & News
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