Surviving losing streaks
Drawdown is the peak-to-trough decline in your account equity. A 20% drawdown requires a 25% gain to recover; a 50% drawdown requires a 100% gain to recover.
The 1% rule (guideline)
Risk no more than 1% of equity per trade while learning. Ten consecutive losses = ~10% drawdown — painful but recoverable. At 10% per trade, ten losses can wipe most accounts.
Reduce size after drawdowns; do not increase to “win it back.”