How to reduce drawdown?
- Thread starter mrman500
- Start date
MM 500;
Several ways to reduce DD, I am interested in most of them;
even if it means giving up some % gains.
a] Trade smaller/less leverage[epecially since ''getting killed since Christmas!!'';
[looked on 1 yr crudechart,3 years-USO....................................]
b] Not in a strict mechanical way;
but PSAR helps,with discretion. But since you said system-Parabolic stop and reverse has reversed ,mechanical signal on 12-31/end of day signal, still long/ bullish .
50 dma still in sell signal, so get more measures,than that helpful ma.
mm] More ways;
but wisdom is- best to do your own research.
Several ways to reduce DD, I am interested in most of them;
even if it means giving up some % gains.
a] Trade smaller/less leverage[epecially since ''getting killed since Christmas!!'';
[looked on 1 yr crudechart,3 years-USO....................................]
b] Not in a strict mechanical way;
but PSAR helps,with discretion. But since you said system-Parabolic stop and reverse has reversed ,mechanical signal on 12-31/end of day signal, still long/ bullish .
50 dma still in sell signal, so get more measures,than that helpful ma.
mm] More ways;
but wisdom is- best to do your own research.
Read Goldmans Sachs oil coverage and trade the opposite way of their recommendation / prediction...it works ! 
==============Quote from ASusilovic:
Read Goldmans Sachs oil coverage and trade the opposite way of their recommendation / prediction...it works !
Speaking of trade/fade [opposite], i keep plenty of ma/trendlines on my chart;
daily USO chart actually has a mechanical PSAR [dot sell signal,on friday] Incorrectly wrote it was still a [psar ]buy
But as reported correctly earlier, i dont use it mechanicaly;
USO already has gone down 4 or 5 days in a row,
simply wouldnt sell there ,even if PSAR says sell USO........................................
Quote from ASusilovic:
Read Goldmans Sachs oil coverage and trade the opposite way of their recommendation / prediction...it works !
I seem to recall a $100 oil prediction a couple years ago when oil was at $40... I guess that's a suggestion that works until you bankrupt yourself and your extended family.