Big Drawdown is stupid??
Tomas Michalek:
Hi folks,
What's with these Expert Advisors latelly? It seems that there is undergoing race of who is able to develop strategy with bigger Drawdown. Is it just me or do you also find these strategies incredibly risky and shady?
Except high psychological stress when you are loosing like 80% of your account, there is also big chance of burning whole thing, if not now than pretty soon.
Thoughts?
When someone made a strategy to grow fast obviously your at high risk and DD can be big or just can blow the account
If a user can understand what is best risk for average growth it works
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Hi folks,
What's with these Expert Advisors latelly? It seems that there is undergoing race of who is able to develop strategy with bigger Drawdown. Is it just me or do you also find these strategies incredibly risky and shady?
Except high psychological stress when you are loosing like 80% of your account, there is also big chance of burning whole thing, if not now than pretty soon.
Thoughts?