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187: “How to spot a trading scam” – Kevin Davey
Better System Trader
How to Get a Realistic Rate of Return and Drawdown
A good rule of thumb is you want your return to be, at least as a percentage, greater than the max drawdown you're willing to endure. Most people can't endure that kind of drawdown. So it means they probably should not go for those kind of huge gains. The flip side to that is if you have, you could have huge gains and more or less get lucky.
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