{quote} Because Apex is the biggest competitor of the firm Karl works for.
{quote} It is based on unrealized equity. So if your trade is open and unrealized gain is 100$ your drawdown moves to 100+
{quote} thanks... thats gonna be a real challenge for me. I just just open a trade with tp and sl then if the trades moves a bit in my direction i move tp to breakevn. So 6 out of 10 my breakeven tp hit. That way i'll violate my max drawdown without even losing
{quote} Yes, that is why I say grab all of the small profits. I blew a few of these initially....I'd be up like $1,500 on a trade and it would come back....oops now I have 41,00 DD instead of $2,500.......you'll figure it out though. Trade micros....I go 4 micros on dow, 2 on nas and 3 on S&P.....$2/pt, $4/pt and $15/pt, respectively. It's a slower grind than what you are accustomed to, it'll take 10-15 trading days. Alternatively, you can go in with the approach that you're going to blow a bunch and be more aggresive.
. I'll try a homerun trade on monday on DOW (which is long trade for me not a advice) either My way or margin call
{quote} thanks. Dow is my Boy. As a GRAND MASTER ACCOUNT BLOWER right next to @expo my duty is to start my futures journey by a BS risk managemnt on first accounts.
