There is moderately consistent 'advice' around many forums to define limits on losses. One rule of thumb that makes approximate sense is 'never...
Wallace, I have a similar function on the IB account. Would you like to give any details about how you use it?
How do you analyse your trading results? Do you analyse them at all beyond "am I profitable?". If you are interested in more detailed thinking...
Attached file relates to attachment 3 discussed above
Attached file relates to attachment 2 discussed above
In order to ensure that I maintain some form of objectivity in trading I analyse my results statistically (i.e. with a mind to understanding how...
My largest drawdown was 8% and lasted 3 weeks. It was nerve wracking. My system made money consistently, then it didn't, then I wasn't sure, got...
What is the largest drawdown (not loss on a single trade - cummulative loss until you have made a profit again) you have encountered?
Of those (many) voters who aim for > $1/2m per annum, how many are actually or ever have earned this much. This is a lot of money. If you do...
sorry, how much per year?
Do you have a clear goal as to what would be 'enough' income, or do you vaguely want 'more'? What band / selection have you made a firm decision...
CFerret, this is a great journal. Can you post a summary of all your trades? It would be interesting for you to discuss your growth relative to...
Quite often ET posts discuss losses per trade. But this is not really what kills accounts; it is the summation of a number of these over time...
I'm not sure if this is the right place for this post - but it is a question about persistence (which is why I have placed this poll in...
I also think this is a good idea. We are each individuals with little interaction with true "colleagues" in a work sense. Understanding why...
Kiwi, With reference to the 2 approaches you have given as examples my only point with regard to 'consistency' is the probability of account...
Kiwi, I have been a trader for 4 years (not very long in my view). How long have you been trading online (please don't include buying and...
I think Rayston makes good points. Here's what Kiwi Trader said: "If that still doesn't make sense (risk accepting trader vs risk adverse...
Don, Thanks for the quote relating to US regulation. Do you know anything about UK regulation? There are many 'spreadbet' companies in the...
How do you measure a trader's skill level? Well I can't see any other method than to reduce the question to the total profit in terms of "pips"...
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