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Hi tiedemj,
Monday, March 20, 2006, 10:58:13 PM, you wrote:
t> no takers on this one ? Am I the only one pondering on this - or is
t> the answer simple and self evident?
For me, self evident.
Drawdowns.
If you cannot psychologically trade the system due to the magnitude
of the drawdowns, all other metrics are useless. If you have any
reasonable risk of ruin, all other metrics are useless.
Defense first; then offense.
Yuki
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