SimpleMeLike Feb 24, 2017 #31 murray t turtle said: However a daily or monthly loss goal make make$ much more $ense.WHY; because a 50% draw down requires about 100% gain to break even?? More... Thanks for response murray t turtle, I agree with you, the trading system needs a daily loss goal before stop trading for the day. And this daily loss goal will be programmed and back tested in the system.
murray t turtle said: However a daily or monthly loss goal make make$ much more $ense.WHY; because a 50% draw down requires about 100% gain to break even?? More... Thanks for response murray t turtle, I agree with you, the trading system needs a daily loss goal before stop trading for the day. And this daily loss goal will be programmed and back tested in the system.
