how to handle drawdowns?

Discussion in 'Trading' started by stockoptionstrader, Dec 12, 2016.

  1. ironchef

    ironchef

    Invaluable advice and great words of wisdoms.

    Most people probably don't appreciate how profound your statements are, or don't understand the implications.:sneaky:

    As to the OP, drawdown is a fact of life for any investing/trading activities, and if your plan is sound, you will recover and then some. For most of us, been there done that.

    Good luck to you.
     
    #31     Dec 17, 2016
    Handle123 likes this.

  2. op knows drawdons , but how do you handle them psychologically?
     
    #32     Dec 17, 2016
  3. ironchef

    ironchef

    It was never easy. :(
     
    #33     Dec 17, 2016
  4. baro-san

    baro-san

    Make them part of your strategy: plan what to do when they happen, before you enter the trade, then stick to your plan!
     
    #34     Dec 17, 2016