Hello,
Small drawdown is what I look for in over ten years that I trade, and also statistic significant numbers
I trade based on trend, sometimes a kind of my trades long to one or two weeks or even more ,
time parameter it is not important for me, only I think of safety of deposit
2 way for P/L : 30%/110% another 30%/250%
statistic significant numbers for 30%/110% :
after 28 trade
1 Loss , 1 Profit from 10000 $ we have 2200101 $
2 Loss , 1 Profit from 10000 $ we have 9054 $ not good
1 Loss , 2 Profit from 10000$ we have 178208209 $ in condition we can trade with unlimited lot but I do not know the broker that allow it if we accept max lot is 10000 after 23 trade we have 39271161 $ and after that lot can not more than 10000
but if we trade based on
statistic significant numbers for 30%/250% :
after 10 trade
1 Loss , 1 Profit from 10000 $ we have 882735 $
2 Loss , 1 Profit from 10000 $ we have 35309 $ acceptable
1 Loss , 2 Profit from 10000 $ we have 4413676 $
In WORST CONDITION
after 100 trade
3 Loss , 1 Profit from 10000 $ we have 963949 $ acceptable
All these trades is unique and like together and consist of some defined elements,
That means when we trade with 10000$ balance or one million $ both is the same and the stress is same
of course some dynamic elements also exist and more important that after 60 point profit max loss is 0 and we have stressless trade,
about trading or managing accounts I do not know the procedure, because I haven't done this before,
Please let me know what is that.
Best Regards,
Mohammad