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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?


To: dpl who wrote (691)7/6/1998 10:50:00 AM
From: Robert Graham  Read Replies (2) | Respond to of 1729
 
So your saying that managing to limit the drawdown to 1/8 is a realistic goal for a day trader?

I am curious. And this would be very informative to me on this subject as I am sure others here may benefit. What is the largest drawdown you and other experienced day traders here had to experience? Lets break this up into the time you were learning how to day trade, and the time since you began to make "regular" profits? I am talking about drawdown in terms of the price of the stock, not the $$$ value of your account.

Bob Graham