RB Algotrading Account

Account description:

• This is a high profit and high drawdown account. Profit around 2% to 5% monthly. Max historical drawdown is around 10% but it is  possible that future max drawdown could be at around 30% to 50%. Please invest only what you can afford to lose due to inherent risk with Forex trading.  
• For safety of your account: Withdraw portion of your profits regularly.
• Some of my strategies are scalping (TP of 3 pips). It might result to losses during copying if your broker has wide spread.

Plans on Algotrading account

• Grow the account to 2K.
• As soon as account reaches 2K, withdraw 50% of profit monthly.

Risk Management for the account

• Current lot size is 0.01 every 400. 
• In the future, as soon as account breaches 30% drawdown or higher, reduce risk by 50% upon recovery. 
• Although, this is a high risk account, my goal is to keep the account growing and compounding. Safety of capital is more important to me than size of profit.
• April 2024 - max drawdown is 10.63%. Lot size is still at 0.01 / 400.