I have a question regarding max drawdown. The max drawdown setting on the ST Website refers to max drawdown for all open signals for a particular trader, but in the case of Siam Razor where you can have multiple quick trades in succession leading to a say 40% loss - would the max drawdown setting still work (assuming it was set at 20%) ? I'm assuming no, but asking for clarification.
If not, what steps can I take to ensure that the maximum loss causes by the trader (in this case Siam Razor) due to a multiple of small trades in quick succession, does not exceed 20% of my total capital?
If not, what steps can I take to ensure that the maximum loss causes by the trader (in this case Siam Razor) due to a multiple of small trades in quick succession, does not exceed 20% of my total capital?
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