If you have two automated systems, both with max drawdown of 50%, and you have a perfect 0 correlation, if you double up and trade them with a 2:1 leverage what are the chances of you blowing out your account statistically?

============ Its not the leveraged ] derivatives or stocks that are a real killer, it's much more the leverage/insane leverage] One of he highest probabilitys of fatal flaws in your system ; even if it has been a'' perfect o correlation'','' is its not likely to be perfect o correlation, in the future''Frankly you scenerio sounds too risky long term, short medium term it maybe thrilling, profitable. This last bit of wisdom may not mean much to you no.; But even if you saw someone make +/ 1 $ million , on a swing/position trade or a marker day trade, but most traders/management noted it was with insane leverage. I wouldnt care how often he did that............But Some may appear to to be abusing leverage, but thier total amount risked is such a small %, it works well , even over long periods.

They can blow at once, 50% + 50% with low probability of 1% (0.1 x 0.1) or the first may blow and after a while the second will blow in which case the probability is 100% if you trade long enough. Let p be the probability that system A does not blow and then B does not blow, with p < 1. Then as n goes to infinity the probability that the systems do not blow p^n goes to 0 and they blow with probability 1.