Many "grownup" firms would force you to cut positions once you are down 4-5% from HWM. However, this does not mean that you can't just scale your strategy down to keep the draw-downs to the required minimum.
Sle, Clearly DD >10% are unacceptable to any firm and a lot of individuals. Speaking for myself I trade this particular account aggressively as an independent trader with zero intention of shopping it, but yes anything could be scaled back to smaller DD.
sellindexvol66, njrookie, rallymode, all have Sharpe of over 4. Some people say itâs impossible, encouraging seeing proof otherwise.