We are not on Darwinex Community anymore, dear
@CavaliereVerde
They will have to face the Reality... and the Reality,
it’s me.
If they have to be spanking, I would spank all of these mentally retarded people.
Here, there's no Bianka and no Saif anymore to protect them.
...and don’t worry, now i put the forum t2w on my iphone for those who need to be spanked.
Free distribution 24/7, from now.
So, let's talk about "Limiting Drawdown". To be honest
(and it’s totally my fault), i didn’t understand that nobody undertsood i had to face a Drawdown last month.
That Drawdown has been managed so well, that nobody even saw it.
To me, it was a huge Drawdown... because i count by days.
20 days of Time Drawdown!
The question i wondered before thinking that way was, "what i would prefer if i was an investor" :
1- a 2% drawdown for 20 days
or
2- a 20% drawdown for 2 days
Of course this an extrapolation, to make people understand how to better manage a Drawdown.
But what would you answer?
Really... before trying to totally understand that way to manage a DD (i mean by using the Time), i would say that we must study « the law of series ».
After having studied the law of series deeper, we could probably be sure that it’s better to stop operating after the first loss coming
after a long serie of gains.
And thus, we could then achieve the level :
Advantage Player
And only after having achieved the level
Advantage Player, we can become a trader who has
broken through the threshold of consistency.