Hi.
Most prop firms have this 10 % overall draw down rule (not talking about the 5 % per day rule).
100 k account:
Lets say i made profits, and the balance after a few weeks is 110 k.
Is the 10 % draw down refering to the 100 k starting capital, e.g. i loose account when i drop below 90 l.
Or...
Hello and thank you.
I ll check that article.
yes, one trade per day on the dax.
I ve tried many strategies, but this one works best for me. Maybe it s because i m a beginner and it s pretty easy to execute.
Ok.
Tx
Hey;
New to trading :)
I m wondering about the 1 % rule.
It s 1 % per trade. ok.
But if you execute 100 trades per day, you ve risked your whole account.
Ok. maybe 5 trades a day would be more realistic. but then you ve risked 5 % (5*1%).
The thing is, i m testing a strategy which i can...
Hi.
I m from germany and looking forward to join the community.
I m NEW to trading, but i ve watched 1000 YouTube Videos about how to make 100 grand with a 100 Dollar Account :)
.
So, now i m here.
All the best