Loss Recovery Calculator -
1. Use 10-20% of Total capital per day
2. Set a fix risk per day
3. Fixed Position size every day
4. Fixed Number of trades per day
5. ONE SINGLE STRATEGY ONLY!!!!
For example, if I have lost 10 lacs - I won't look to recover it in 2 days.
I will break it into SO Parts.
So 20000 profit and 20000 loss per day.
Now out of 100 trading sessions, if I win 70% and lose 30%, still I can recover the whole 10 lacs in 6 months.
This is how you need to calculate.
This is a very good example.