MonsterMan
New Member
- Joined
- Jul 24, 2018
- Messages
- 13
Hi folks, looking for a little help again. I am trying to do a small ‘drawdown’ sheet for my trading account. I use a 3 to 1 risk ratio. I am willing to risk ‘1’ (2% of my account) to make ’3’ (6% gain).
Each time I lose a trade, I lose 2% of my account, so 4 consecutive losing trade, means I have lost 8% in total, then the next trade is a win. If the trade is a win, the ‘Risk to Return Ratio’ will be 3; if I lose, the ‘Risk to Return Ratio’ will be 1.
Is there a formula that will add to a losing trade, concurrently in the ‘drawdown’ Colum until there is a win trade? Once the next trade is a winner, the drawdown will revert to 0%, until the next losing trade. Sure, hope that make sense.
I have uploaded a pic to show how it should look, on the drawdown colum. https://imgur.com/BucWal7
Each time I lose a trade, I lose 2% of my account, so 4 consecutive losing trade, means I have lost 8% in total, then the next trade is a win. If the trade is a win, the ‘Risk to Return Ratio’ will be 3; if I lose, the ‘Risk to Return Ratio’ will be 1.
Is there a formula that will add to a losing trade, concurrently in the ‘drawdown’ Colum until there is a win trade? Once the next trade is a winner, the drawdown will revert to 0%, until the next losing trade. Sure, hope that make sense.
I have uploaded a pic to show how it should look, on the drawdown colum. https://imgur.com/BucWal7