Slightly off topic, but was it the equities or commodities or both that led you to blew half your account? I find it so much easier to make money in equities than FX or commodities.
master one market - diversify trading it utilizing non-like methods. short term counter trend model, long term trend model, option model,,,,
Equities but It was because I was getting killed with commissions since it was a 1000$ account. Paying 20$ a trade for commission I was up overall though. I do trade gold along side currrencies though.
Thank you for your insight. Agree that there is nothing inherently risky about trading multiple assets. But I prefer to have higher returns with the same risks rather than the same returns but with less risks. To manager correlation risks, I am thinking about rebalancing everyday according to the latest correlation numbers. Wonder if someone is already doing something like that?