how to trade a slow bleed
- Thread starter silk
- Start date
... still missing the point
Quote from ElCubano:
I GOT UR POINT...trust me........keep in mind, we come from different Worlds amigo......but I get your point...
Tell me something...at what point would it be a consideration to stop???
On a proven positive expectancy system, I woudn't "stop"... I would simply trade in accordance with existing position sizing considerations...
Trade in accordance with position sizing considerations until histrorically calculated MAX DD is breached... then re-assess strategy... until that point, you can conclude nothing beyond being in an acceptable drawdown period in a positive expectancy system...
...what differentiates the successful from the failed trader is the ability to stomach a potentially long series of consecutive losses in implementing a positive expectancy strategy... a priori, one cannot know in advance when the equity curve can turn back upwards from a drawdown, for a positive expectancy strategy... slow bleed blow ups often originate from not being there for equity curve turns i.e. not executing a positive expectancy strategy on a consistent basis...
That's OK... I am happy to have been of assistance...
