Risk management in MQL5: position sizing and stops that survive a losing streak

Risk management in MQL5: position sizing and stops that survive a losing streak

A few years back I had an EA with a 68% win rate in the tester. It looked fantastic. I dropped it on a small live account at a flat 0.20 lots per trade, left it running, and came back a week later to ...

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Risk management in MQL5: position sizing and stops that survive a losing streak

Risk management in MQL5: position sizing and stops that survive a losing streak

A few years back I had an EA with a 68% win rate in the tester. It looked fantastic. I dropped it on a small live account at a flat 0.20 lots per trade, left it running, and came back a week later to a 41% drawdown. The signals had behaved - roughly what the backtest promised. Wh...

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Risk management in MQL5: position sizing and stops that survive a losing streak

Risk management in MQL5: position sizing and stops that survive a losing streak

A few years back I had an EA with a 68% win rate in the tester. It looked fantastic. I dropped it on a small live account at a flat 0.20 lots per trade, left it running, and came b...

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