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> > > Need to re-think that one, Jean Jacques. In each trade
> > > you are risking 1/3 of the remaining capital, not 1/3 of
> > > the original capital amount.
> >
> > Still, doing this with 3 losers in a row leaves you with just over 30%
> > left, no? That seems steep to me.
> >
> > I'm less risk tolerant, however; many others mileage may vary.
> Oh, I certainly agree that it would not be prudent to risk 33% of
> capital on any one trade. My response to Jean Jacques was regarding
> his statement, "if you risk 33 % of your capital on each trade, if
> you have three losers in a row you are dead...."
Yes, you are 100% correct, and I did understand what you were getting
at there; I didn't mean to indicate otherwise. Sorry 'bout that.
On the other hand, trading an account down to 30% of its original
capital might very well be considered "dead" for most of us. =)
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