What's your max drawdown threshold?

Discussion in 'Risk Management' started by turkeyneck, Feb 25, 2011.

  1. From the point of entry, 2% of my account with options. But once the trade is profitable, I have a completely different method for following it which sometimes allows for an estimated 60% retracement in hopes of staying in for the next portion of a move (i.e., 10% winner turns to a 4% winner if I'm wrong, but moves well beyond 10% if I'm right).
     
    #11     Jun 28, 2011