Equity Stop + Account Scaling = Warning!

AriaS

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Just to warn you of something that happened to me this month.

I had equity stop turned on (in money), but I didn’t take into account that I recently scaled the account x2. When I did, I should have immediately set the equity stop in % instead of $. I simply forgot to even think about it. This caused -7% this month. Later checked and saw that if this didn’t happen I would be +5% this month. Frustrating, but a nice lesson to learn! Lucky to have returned +10% in the previous 2 months, so at least the quarter is still profitable.
 
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