A Noobs Journal - time to give this a shot

[TheodoreThring]

@samewise

My losers are definitely skewing the data, because I kept some positions open even in the red for way too long

Beginner question - acceptable drawdown

I hope this not too off topic but here is a brief synopsis of parts of Tom Hougaards book - ‘BEST LOSER WINS’ Tom talking to a CEO of a large London brokerage - Tom; How can you tell if someone knows what they are doing? CEO:1 Account size 2 Trade frequency 3 Ratio of time spent holding losing trades versus holding winning trades 4 Adding to winning trades or adding to losing trades 5 Trading with a stop loss. I emphasised point 3, we have an important psycholgical point here. It’s huma…