Risk Management: I recently discussed the topic of losing streaks, something that every trader will inevitably experience, yet is rarely ever talked about. In order to make my point, I presented an hour long video, a quote from Trading in the Zone, and several spreadsheets.
Interesting. Looks like 2% is something of a sweet spot in that game: https://imgur.com/a/U0DYZUC Max consecutive losses was only 13, but max drawdown was a harrowing 80%. https://imgur.com/a/S50Q2Qn Still... 53,000% gains in 1,000 trades... wish this was more representative of the real market!
Interesting. Looks like 2% is something of a sweet spot in that game: https://imgur.com/a/U0DYZUC Max consecutive losses was only 13, but max drawdown was a harrowing 80%. https://imgur.com/a/S50Q2Qn Still... 53,000% gains in 1,000 trades... wish this was more representative of the real market!