Increasing Size During Drawdown

Discussion in 'Risk Management' started by oldtime, Oct 1, 2011.

  1. LOL, that is why i said only " if you know what you are doing"

    Also DD is not a real loss. It is a potential loss. LOL.
     
    #21     Oct 23, 2011
  2. Re read it again " MOST OF US" .... This game is suitable only for THE FEWEST.

    Take care..
     
    #22     Oct 23, 2011
  3. yeah, I got you the first time, been there done that. It worked great until it didn't work.

    May your brief existence be long
     
    #23     Oct 23, 2011
  4. best quote in a while from Keynes (who got wiped out) "The markets can behave irrationally longer than you can stay solvent"
     
    #24     Oct 23, 2011
  5. I'm a big believer in implementing a strategy that you know over time will blow up and hope that you die before the law of averages catches up with you.

    Oh death where is thy sting?

    No matter how much you party and abuse your health, the actuarial tables are just a guidline.

    The only way to lose is to live too long.
     
    #25     Oct 23, 2011
  6. if you can't beat the table, then maybe try trading smaller and avoid big drawdowns.
     
    #26     Oct 23, 2011
  7. you never know how long this thing may go on
     
    #27     Oct 23, 2011
  8. 70% dd is for retail punters, if you really know what you are doing 90% is normal

    anything less than that is chickenshit
     
    #28     Oct 23, 2011
  9. N54_Fan

    N54_Fan

    If you know what you are doing you would not have a 50-70% DD.
     
    #29     Oct 23, 2011
    Johno1 likes this.
  10. N54, Got to lose money to make money?
     
    #30     Oct 23, 2011