Anyone had massive drawdown before?

Discussion in 'Risk Management' started by turkeyneck, Mar 20, 2008.

  1. ammo

    ammo

    this goes against all et logic but a real trader will go balls to the wall when he's down because he knows thru experience that he is always early, the difference between new and experienced is a blowout or 2 and u find out there is life after that, and u trade your gut,so learn what the mrkt is about and it has nothing to do with TA or fundamentals,its the bait and switch game,right now they have loaded up on the end of the world scenario,that means this thing is gonna blast off like you're loaded up short account has never seen,go long, always fade the scenario, wait until it hits it's crescendo and fade it
     
    #31     Mar 30, 2008