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Do what you can based on your ability. If I perform well, the rest of you can follow later; there's no rush. I still have a lot to learn and improve.
!!! If you're copying my trades, you can split your funds into several parts and only follow with one part. If you lose, just treat it as having fun!!!
After yesterday's review and mindset adjustment, you should all deeply understand that a high risk-reward system must inevitably go through micro high-frequency trial and error before capturing a major trend. To be responsible for my own account and for all the copy trading funds that trust me, starting next Monday, I will enforce strict risk control to limit capital drawdown.
The rules are as follows:
1. If I hit 3 stop losses consecutively in a single day, no matter how tempting the subsequent market action is, I will not open any new positions that day. Don't fight the market to the death.
2. Once the main account's total daily drawdown reaches around 40u (approximately 20% of total assets), I will stop entirely for the day, preserve my ammunition, and wait for the next day's market to be clean before trading again.
The core of my system is a high risk-reward ratio. I can use a few small stop losses as tickets to bite into a single huge profit.
If you can't accept the pain of continuous small losses, or if you can't tolerate the hard circuit breaker of a 20% daily drawdown, please cancel the copy trading immediately. What I want to lead are those who can see the big picture, can endure the washout with me, and ultimately withdraw profits together. $XAUUSD