Do that gradually!I will reduce the max number of total contract... (now was 1.2 lots for 5000€ will be 0.30 lots for 5000€).... I think in the long run this will be the best....
Hello, read your considerations, unfortunately it is difficult to get to the head of the eternal struggle between what makes a profit yesterday but no longer does today.
Always remember that the rules change and what is valid today may be valid as it may not be valid for tomorrow.
I'm sure you have made all the necessary considerations, but I recommend to keep track of systems you are about to disconnect. I recommend you also the gradualness in the elimination of exposure.
UPDATE: finally I got there.... now BSL will work with 2 different type of systems: one trend/cyclical and one trend.From now on BSL is trading with only 7 systems.... three trend/cyclical and four cyclical but weighted 1/4.
The one grouse I have with the company is that only very few people know for sure how the RM works. If people with years of history can't confidently say "I am making X changes and this is what the RM will do.." it's a problem.Hello folks!
After the changes I made on 11/12 the underlying account is UP 4.86%
As the Risk Manager is still linked to the old BSL the number are way lower (nearly plus 1%)
I have estimated that when the RM will be alligned with the new version of BSL, the VAR will be around 6.5/7 ... so the 4,86% would have been a +7.2% .... IF I have understood how the RM works (IF ....)
The DD estimated with a VAR of 6.5/7 is a max of 15% .... the DD recovery is at most of two months
Thats all for now... and may the 2021 be the opposite of 2020!