Hi, how are you guys approaching trailing drawdown? Most futures firms use EOD trailing and I was wondering if you’re mainly going for base hits. I come from CFD firms so adapting to this has been a bit difficult for me and I’m still struggling to manage it properly. Any tips or ideas on how to handle it better?
I can say plan you day before how mcuh trade you will take and what is your loss limit according to your trailing drawdown and that will help a lot in that and make a good risk management plan based on your DD