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March 29, 2025 at 13:57
#442836
Participant
The last thing I do before leaving the Settings Tab is to set the “Maximum daily drawdown %” to 0.5. This means that if the asset I am trading loses 0.5% of my account balance the assets position will be closed. I also set the “Maximum Equity Drawdown %” to 6.0. This means that if the account loses 6.0% the account will stop trading. Lastly, I set the “News Priority” to “High News Filter”. I find high news can cause high volatility in the markets whereas the “Low News Filter” does not.
Alan,