| stevehopwoodforex.com https://www.stevehopwoodforex.com/phpBB3/ Print view |
|
| Loss recovery for multiple open trades? https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=4595 |
Page 1 of 1 |
| Author: | sunny7day [ Thu Feb 04, 2016 12:08 am ] |
| Post subject: | Loss recovery for multiple open trades? |
Hi i am looking for loss recovery EA for multiple open trades, my account is currently facing 60% drawdown. Those trades are open in one direction only with different lot size. Please help me before my account is wiped. |
|
| Author: | renexxxx [ Thu Feb 04, 2016 12:22 am ] |
| Post subject: | Loss recovery for multiple open trades? |
If there was a magical trade manager that could trade an account that is currently in a 60% draw down, into profit, we all would use it. We would all use lot sizes that are too big for our account size, as we have no fear of losing the account. I feel sorry for your 60% draw down, but you have to be realistic about what (ALR) trade managers can do. |
|
| Author: | milanese [ Thu Feb 04, 2016 7:41 am ] |
| Post subject: | Loss recovery for multiple open trades? |
I locked this topic as Renè explained very well the situation, unfortunately is there only a miracle that will be able to help you out with 60% DD, try in future to use a trading strategy avoiding such DDs... with clear defined SL and using not to big positions for the account eqity, there is nothing else that will help in long term.. Cheers  Tommaso |
|
| All times are UTC | Page 1 of 1 |
|
Powered by phpBB® Forum Software © phpBB Limited |
|