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Sandisct · 2009-03-11, 05:38 AM

Deposit: €1000
Equity: €2000
--> close
--> get payout €500
New Dep: €1500
Equity: €3000
--> close
--> get payout €750

While i did some back testing. I realised that a few times it'll just end with the account being wipe out. After analyzing the results.. It seems that you cannot let the open orders stay too far away from the current price. eg, don't let your draw down grow too big.

I like Ivo's idea on closing all open orders when equity is doubled. This will prevent huge drawdown and keep accumulating on closed profit.

2009-03-11, 05:38 AM	#161 (permalink)
Sandisct New user Trader for 4 - 8 years Location: Singapore Posts: 6	Deposit: €1000 Equity: €2000 --> close --> get payout €500 New Dep: €1500 Equity: €3000 --> close --> get payout €750 While i did some back testing. I realised that a few times it'll just end with the account being wipe out. After analyzing the results.. It seems that you cannot let the open orders stay too far away from the current price. eg, don't let your draw down grow too big. I like Ivo's idea on closing all open orders when equity is doubled. This will prevent huge drawdown and keep accumulating on closed profit.