Monday, February 6, 2012

Someone asked: With such a huge drawdown, why didn't you quit?

Yes, the mid January drawdown was bad, and I do have a drawdown % threshold, based on the method I am trading, and the way I am trading this contest.  Everyone should have a "quitting" point in mind, whether it is based on drawdown, or based on something else.

Until I get to that drawdown point, I stick to my trading plan!

Current contest standings:
http://www.worldcupadvisor.com/worldcupchampionships/default_nwcc2.aspx


No comments:

Post a Comment