Let's face it. If it weren't for drawdowns we'd all be billionaires. how do you deal with them? what percentile of your account cap (or trade cap) do you typically have in drawdown. In currency trading, with its high margin (up to 400:1) it's been difficult to estimate profits vs risks. therefore I've ended up maintaining a low drawdown to cap ratio but it's also severely limited my equity curve (how much money I make). When you put on a trade, and it goes into drawdown, how do you handle it, by just killing the trade on a pre-defined basis aka using a Stop Loss? Or do you have better ways of dealing with it?