Quite a few more short positions got liquidated in this move. Liquidations are never caused by a single loss, but by that one time you lose control.
Getting the direction wrong is normal; what’s fatal is refusing to admit it: holding losing positions, averaging down, and removing stop-losses.
Our rule is a 3:1 take-profit-to-stop-loss ratio, with a breakeven win rate of about 75%—
Most trades only make small gains; what really makes the difference is strict stop-losses and a few trend-following trades. #LingnanQuantitative#量化 #QuantitativeFutures