How do you feel about the riskiest trading strategy, namely unwinding the deposit. - page 4

 
Turkish trader Umit Karaman trades using high-frequency robots. Usually for a month or two he withdraws most of his profit and soon loses his account. Taking into account that he has dozens of accounts, the loss of one account does not mean anything and he opens a new one right away. Every month he withdraws several thousand dollars, managing to increase his deposit by 2-3 times in a month.
 
Sergo19:

I respect your opinion. I respect your opinion. The only thing is that every cent you have deposited should automatically be considered as lost and not as a drawdown because drawdown can be converted into profit and a closed order into a drawdown, no.) And the risk on orders should really be calculated from the balance and the current drawdown, if any. You may not open an order with 10.00 lots if you have $20 on your balance. You may play any market situation in your favour. And about deposit unwinding I do not agree with you, because it implies a multiple increase in a short period of time. 700% per week - is unwinding and 50% per year is trading and very conservative. Don't try to confuse the concepts.

At the moment I set myself a goal to increase 10% of balance per day, and for me personally this trading is normal with not much risk. At the time of writing this questionnaire I was trying to learn how to open deposit without losing it. My personal record in this crazy venture was like this: 100$ deposit after 3 days on a balance of 740 in two days 1400 in the end of course a complete drain. At the moment I slowed down and 10% a day on average is good enough for me. And for someone it is insanely risky trading ))))


The drawdown is actually the same as a total loss of a smaller deposit followed by possible multiple sinking and thinking "this is it, the trend will definitely turn, it cannot stay against me forever". The trader looks at the decreasing equity like a rabbit against a boa constrictor, but for some reason he believes that his money is the balance and that he will lose it if he closes the order now. He has already lost it. A large deposit only increases the drawdown and consequently the losses. A conscious decrease in the lot size (or increase of the deposit) is a way of self-deception, when greed does not allow closing unprofitable orders.

 

I think the right thing to do is to withdraw half of your earnings at the end of the week.

And so up to the amount with which it will be comfortable to work.

For example, have $ 1000, for the week earned 200, at the end of the week withdrew 100.

And after a certain amount of time you have 10,000. Earned for the week of 1000 and withdrew it completely, etc.

 
Sergo19:
The difference is enormous, in malo mayski normal casinos are tracking my actions and do not allow the deposit to rise by more than 4 times, and after that little rise begin to drain me, it's about online casinos. And plum fairly brazenly and harshly, I have done with 20 euros for 4 days 18600. After that feat I plumed on roulette, even on the theory of probability well there can not be that one of the 3 sectors of the 12 figures did not fall out once for 48 moves. In the real casino to go because I know for sure that I will disappear without a trace)

Ohhhhhh... They don't let you raise the deposit more than four times... I know a guy who was up almost 50 times... And then he lost it all. And you wrote yourself that you raised more than 4 times.

But not getting the ball into a sector for 48 moves is, indeed, about a millionth of a chance. I think that casinos with any serious reputation do not do such things. Users are perfectly capable of losing their own money.

The same applies to trading - there are a lot of people who believe that brokerage companies are chasing their stops on micro-deposits. The difference is that they do not go to the market with their stops on micro deposits.

 
Aleksandr Yakovlev:

I think the right thing to do is to withdraw half of your earnings at the end of the week.

And so up to the amount with which it will be comfortable to work.

For example, have $ 1000, for the week earned 200, at the end of the week withdrew 100.

And after a certain amount of time you have 10,000. Earned for the week of 1000 and withdrew it completely, etc.

Then you lose, then you lose, and so on - why withdraw it? All these withdrawal tricks are only good if the trade itself is profitable. They will not save a losing trade.

 
Georgiy Merts:

Then you lose, then you lose, and so on - why withdraw it? All these withdrawal tricks are good only if the trade is profitable. They will not save a losing one.

The point is that you withdraw the money you have deposited. It is psychologically easier when you withdraw the money you invested.

And you've even made some money. Greed is to blame for all of the drains. The absence of their own TS.

 
Aleksandr Yakovlev:

The point is that you withdraw the money you have deposited. It is psychologically easier when you withdraw the money you invested.

And you've even made some money. Greed is to blame for all the losses. Lack of your own TS.

I agree about the psychology. But it only works if you start winning right away. And if you lose right away, what do you take out?

 
Georgiy Merts:

I agree about the psychology. But it only works if you start winning right away. And if you lose right away - what do you take out?

You have to stop. Analyse the market, your TS. In the end, get drunk for 2-3 days.

And only after you find the mistakes. understand them, continue trading without stepping on the same rake.

 
Aleksandr Yakovlev:

You have to stop. Analyse the market, your TS. In the end, get drunk for 2-3 days.

And only after you find the mistakes. understand them, continue trading without stepping on the same rake.

But the money is already gone! And then, even if you start to earn something - you do not withdraw your earnings, but a part of "your own".

 
I don't understand, if you can't make any money at all, why bother?
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