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25% of the balance is too much IMHO, if a series of losing trades more than 3 then kaput.
I had a maximum drawdown of just over 6% when testing. I took it with a reserve. I think this kind of force majeure will be very rare.
I'd rather open another topic, but also on Cauchy's inequality.
And I reckon it will go to 1.21.
No, he won't! It's going to get a massive bear hitting the horns.
No, he won't! Will get a mighty bear kick in the horns.
No, he won't! It's going to get a mighty bear kick in the horns.
Yousufkhodja Sultonov:
Dear Wizard, This example helped me to find my gross technical mistake ...Yousufkhodja Sultonov:
I value my daily real market commentary at $100K a day
No, he won't! Will get a mighty kick in the bears' horns.