For me, i realized that the single biggest thing i can do to improve my performance is capping my losing day to 1.5%. On a CFD account, if i have 10% max drawdown, then that means i'd have to lose 7 days in a row to lose the account. Compare that to stopping only when i'm forced to by the daily drawdown limit of the account which in most cases is 4%, 2 losing days and my account is in serious drawdown. The psychological benefit to taking this approach is incredibly high as well. I'm curious to hear what you can change to improve your trading. Drop it in the comments.
No comments yet. Be the first to reply!
