Quote from simpleton:
Yes I like to keep it simple for people like you. In the example you state, your drawdown would be 30%. And even that isn't correct as you said you wouldn't risk more than 10% of your account on each trade. If you were to actually work it out, 100%-10%-10%-10% does not equal 70%. It's getting more obvious to me that you don't actually have any track record much less an ability to make money consistently.
i have gone over this with you numerous times but you dont get it. if i were to trade 10 times in a row with losses MY CAPITAL WOULD NOT BE ZERO.
i risk 10% of the remaining balance. get some one to read to u.
