Way to go Neke. I'm happy for you. And for the people who loves seeing Neke lose money - get a life. There isn't much happiness in other people's misery. Neke, if you hit breakeven by end of year, you've done much much better than 95% of the people who trade (or on ET for that matter).
felicitation...congrats to neke i don't think the people here love to see neke lose money... they're just bold/harsh in their comments because they're concern for him losing his capital.
Frankly, history pretty clearly shows there is no "unacceptable" level of drawdown. Go look at returns for John W Henry's program.
neke,your stubborn,it's a good trait ,but very expensive,hang in there,be a can not a cant,but take your losses with a little more pride,anyone can make money trading,the winners learn how to hang on to it,you will,but learn to cut your losses,you can always get back in at a better price,pride doesn't know a supp or res,only a must win...expensive lesson
lol to all the haters, drawdown just shows you have belief in your ,method; richard dennis had 70-80% drawdowns on his trades
ever watch poker on tv? when they think they have a good hand they go "all in". sometimes it works sometimes it doesnt but the times it doesnt it is devastating. most traders that i know that have lasted in this game are more interested in collecting singles and doubles instead of shooting for home runs.