big drawdown ...

Discussion in 'Trading' started by SethArb, Oct 16, 2002.

  1. well I guess its back to baby steps and
    grinding out winners ...

    in the last week I have been too stubborn and too big at times
    in my positions ...

    have lost a few grand ...

    hopefully will be able to find myself again and get back to my high water mark of 2002 ... before drowning in the trading drawdown whirlpool that is trying to suck me in.

    :(
     
  2. Suddenly, to a lesser scale, I am finally able to relate to this.

    Keep your head up. Tomorrow is a new day and I'm going to approach it with a calm head and not try to fight with the market. My ass is still sore from today.

    Best of luck to you -- this market seems a little choppy lately ... the range wasn't so great today.

    Today would have been great, except for that minus sign in front of my P/L.
     
  3. thanks for your thoughts ....

    good luck to you in this biz
     
  4. Those drawdowns are a bitch!!! But you have to adjust to this trendless market of the last few days, and keep them small.

    I took my biggest hit on Monday since Demeber, cause I didn't know the market was just gonna move nowhere after the morning, and have spent the last two days mkaing it back. It was my own stupidity, but I adjusted quickly, and didn't make the same mistakes.
     
  5. Size either kills or makes you the hero ...