What do you will do if your account on drawdown?

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  • 31% (24)
  • 28% (22)
  • 28% (22)
  • 13% (10)
Total voters: 78
 
close half order
 
Deposit
 
You need to make your technical analysis before hand. Take a high or a low which invalidates your setup and place stop loss there.
 
If using Martingale, lets say, i have gone through 10 averaging such as 0.01, 0.01, 0.02 0.03, 0.05, 0.08, 0.11, 0.16, 0.22, 0.29. I will close 0.22, 0.16, 0.11, 0.08, 0.05 and leave 0.29, 0.001, 0.01, 0.02, 0.03. Which eliminate around 60% of the strategy, with a good probability for the price to recover until a breakeven. If it does not retrace, there will be no more averaging and a stop loss will be placed at a certain place depending on the market situation.
 

Are we talking about 5%, 10%, 25% or even 50% drawdown... or maybe 75%? For each of them, there is a different response.

 
I think the original question was for manual trading and not for a robot.
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