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Why Drawdowns Break Traders (And How to Survive Them)

Why Drawdowns Break Traders (And How to Survive Them)

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Every trader who has quit trading did so during a drawdown.

In this episode of Line Your Own Pockets, we discuss this difficult topic and what you can do now to prepare.

Topics include:

  • Drawdowns are psychologically much harder than most traders expect
  • The biggest pain isn't the money - it's questioning whether your strategy actually has an edge
  • Having only one strategy makes your identity more dependent on its success
  • Programmatic sizing rules help eliminate emotional decision-making

And much more...

If you've never had a drawdown or aren't planning on having any more, then you can skip this one. :-)

Otherwise...


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Before you go!

The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.

I hope to see you there!

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