Hi simpletrader team,
I already posted this on the main dayfox thread but it was quickly lost in the flood of posts of last days therefore I write here too
Knowing if a signal has or has not a hard limit to DD is a definitely critical information to calibrate own risk multiplier. We read many times that declared max accepted DD was lower than the actual one etc etc etc
My proposal to Nick is to give us a new info when presenting a new trader telling us if the max DD is or not is a HARD limit of the master trader
Knowing that 25% DD is an HARD limit could permit to take responsabiliy a known risk taking the decision to trade at RF 3 or even 4 ( risking a margin call )knowing to trade at very high risk but still not gambling because we known what we do. No complain will be accepted in case of margin call with RF 4 or higher
Knowing that 25% is NOT an HARD limit would change a lot the situation and mirroring at high RF will be gambling because risk is just very high but not estimated. Mirorring even at RF 1.5 will be taking unknown risk and it has to be considered gambling
please evaluate to give this additional info
I already posted this on the main dayfox thread but it was quickly lost in the flood of posts of last days therefore I write here too
Knowing if a signal has or has not a hard limit to DD is a definitely critical information to calibrate own risk multiplier. We read many times that declared max accepted DD was lower than the actual one etc etc etc
My proposal to Nick is to give us a new info when presenting a new trader telling us if the max DD is or not is a HARD limit of the master trader
Knowing that 25% DD is an HARD limit could permit to take responsabiliy a known risk taking the decision to trade at RF 3 or even 4 ( risking a margin call )knowing to trade at very high risk but still not gambling because we known what we do. No complain will be accepted in case of margin call with RF 4 or higher
Knowing that 25% is NOT an HARD limit would change a lot the situation and mirroring at high RF will be gambling because risk is just very high but not estimated. Mirorring even at RF 1.5 will be taking unknown risk and it has to be considered gambling
please evaluate to give this additional info
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