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The largest drawdown you've experienced was...


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The largest drawdown you've experienced was...

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  #1 (permalink)
 Big Mike 
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Hi guys,

A new poll has been created to discuss this topic.

The largest drawdown you've experienced was

Total votes: 349
 


Please vote and discuss.

Mike

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  #2 (permalink)
 Big Mike 
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Thanks to @SMCJB for this question:



Please suggest your own new poll ideas in that thread.

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  #3 (permalink)
 SMCJB 
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Big Mike View Post
Thanks to @SMCJB for this question:

That guy seems pretty cool!

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  #4 (permalink)
 vmodus 
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SMCJB View Post
That guy seems pretty cool!

Never hear of him.

~vmodus

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  #5 (permalink)
 vmodus 
Legendary Systematic Algo Trader
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My largest drawdown was about 70%, not futures, but my 401k (I still selected that as my answer). I worked for a technology infrastructure company that suffered when the dot-com crash happened, and my portfolio was heavily in our own company's stock. Buy high sell low.

Futures, I think my largest was a 30% account drawdown, over a span of time. I cannot recall my largest single position drawdown, but it could not have been too large. I'm still here.

~vmodus

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  #6 (permalink)
 bcomas 
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Big Mike View Post
Hi guys,

A new poll has been created to discuss this topic.



Please vote and discuss.

Mike

I destroyed several accounts until I see that trading is not easy.
So, more of 90% of DD

Then I changed my risk using Micros. Now is almost impossible to have more of 50% of DD.
Increasing contracts if increase the account or viceversa.
Automated my trading to have 100% discipline with targets or max DD permited.

Bernard
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  #7 (permalink)
ranger64
Bangkok, Thailand
 
 
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It might be better to sort the results by height of drawdown instead of number of votes

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  #8 (permalink)
 brettji 
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Then I used stops. lol

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  #9 (permalink)
 FastNCurious 
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Great question! I answered the poll thinking about my newly found algo trading. Which currently hovers around 25%.

Before all this started I blew up 5 accounts and well over 100k discretionary trading before finally figuring out I canít follow rules as good as computer do. I just couldnít find any consistency in the markets with my own discretion. So my real max drawdown is over 90% many times over.

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  #10 (permalink)
feinbern
London
 
 
Posts: 7 since Jan 2021
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I'll second that. Blew a lot of money discretionary trading (well over 100k 4 times over) until I figured out how to code algos. Now doing much better and feeling better too! The beauty of algos is that at least you have a clue what your performance SHOULD be like even if you're testing isnt perfect. No emotional trading which is the main thing. Just love seeing that bot work for me

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