1. Review
Trading Results
6 of 7 series

2. How much of my account can I lose before I go back to demo trading and review what I am doing wrong.
We have heard from 10% to 35% draw down before you should stop trading and analyze what is happening.

3. We lean to the 10% area.  You will have to decide what is right for you. 
Keep in mind the preservation of capital.

4. On the following page is a chart to show what it takes to recoup a loss at different levels.

5. % Draw down            % Gain required to Recoup loses
10                                                                                                                                                                                                                                                                                                                                                                                                                         Out of Money

6. Once you reach your draw down level you should close all trades without thinking about it and find out what you are doing wrong. 
The next page will suggest some questions to think about:

7. Am I following my trading system?
Am I following my trading plan?
What is my state of mind?
How is my physical condition?
What do I need to do to correct the problem?

8. By following these simple rules of preservation you will be around for another day of trading and not be emotionally and financially destroyed. 
We all can have a string of bad trades. 
The best thing you can do is step back and give it some time.

9. The most common problem of poor trading results is when a trader gets away from the trading strategy that was successful for him. 
When you use good money management and follow the trading rules, you will give your self the opportunity to be able to stay in the trading game until you can figure out what you are doing wrong.

10. By having some rules to follow it is usually quick and easy to see what is being done wrong. 
You should be able to spot some rule breaking by looking at just one losing trade. 
You should not have to go for long periods of time and many trades to see that you are doing something different.