Be Quick on the Draw in Order to Draw a Line Under Your Drawdown
The word "drawdown" is one, (if not the most), negative words used in the trading industry. Despite the inevitability of us experiencing drawdowns during our trading career its symmetric relationship with the words "failure" and "loss" make it a difficult concept to contend with. It not only 'hurts' the trader's account, but also inflicts psychological […]
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