Comments on: When should I Review My Trading results? 6 of 7

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By: Tom

Tom — Wed, 06 Apr 2011 21:29:48 +0000

I think 10% is a good rule of thumb. 35% is way too high for me!

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By: Laura

Laura — Wed, 07 Apr 2010 03:12:57 +0000

Great post… When we reaches our draw down level, surely, we have done some mistakes that my lead to money loss, so it’s important to close all trades by then. after that, we really have to analyze what went wrong, so that, there wouldn’t be troubles and confusions the next time around.

By: Jeffco

Jeffco — Tue, 16 Feb 2010 08:21:22 +0000

I agree, a 10% drawdown is a good number to reevaluate your trading. Or, to be more general, as soon as you aproach your biggest drawdown, you should stop trading and figure out what went wrong.