Maximum drawdown limit vs Target ratio on phase 1?
Some firms give an 8% profit target with 10% max drawdown, while others give 10% target with 8% drawdown. Which structure feels more forgiving for your trading strategy?
Some firms give an 8% profit target with 10% max drawdown, while others give 10% target with 8% drawdown. Which structure feels more forgiving for your trading strategy?
