New to this forum, may I ask what is this DD pressure means?
Forex Version XIII, Foreign Exchange Market Discussion
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 May 12 2014, 03:13 PM
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Junior Member
142 posts Joined: Jan 2003  
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May 12 2014, 03:32 PM
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#2
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142 posts Joined: Jan 2003
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QUOTE(Doggystyle @ May 12 2014, 03:26 PM) Stand for drawdown. It's when prices go against you. You need X amount of capital. That's dd. I see. Thks for the input. I have been trading for almost 10 yrs now and still learning... Also old timer in lowyat, just noticed we have this topic in lowyat.net ::facepalm::I wouldn't worry about this. And this way to babypips.com  |
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May 12 2014, 03:58 PM
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#3
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142 posts Joined: Jan 2003
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QUOTE(Doggystyle @ May 12 2014, 03:50 PM) Ah no problem, in fact im sorry if that sounded patronising lol. Didn't know youre badass trader also. You must be used to different terminology then. I experienced that during my first 2 yrs of trading. Later on, I start using SL and admit the loss to fight another day. It helps a lot in reducing the DD pressure. |
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