What drawdown are you comfortable with ?
30%
niloufar mohamadi:
30%
30%
me too
it depends also on the account size
if you have balance by millions then the 30% DD is never acceptable
but when you have 100 or 1000 then 30 percent is nice
but not more
;)
...
1% to 5% risk per trade is conservative. Get your SL first and than calculate your position size.
My account size is 10K euros, so i am comfortable with 20% drawdonw
I got 4 accounts, one is high risk I dont care to loose it. 4 others conservative.
Something about a sub 5% drawdown makes me feel good, like shooting a bullseye. On the other hand getting sloppy on an account and running a 40% drawdown makes generating returns so easy, like an all you can eat buffett.
I think the experts with drawdown> 10% will lose in the long run
5-10%
< 1%
10-20% is good and it will not affect your decision or lead to re-thinking about your deals.
