Quote:
Originally Posted by mitchellmann  Doesn't look *that* bad to me? |
It looks horrendously frightening to me - it is currently carrying over $10,000 in drawndown to $26,000 in profits. Personally, I think that is too much. WAY too much. A few thousand, sure, but this is bad money management. All it takes is some sudden movement to wipe out the whole account.
Take a look at this screenshot ... orders are just hanging out there ... if the market moves against them ... you just keep losing money. I'd prefer to see SOME sort of SL on them rather than this "forever open" baloney.