Rebel Traders 059 : Dealing with Drawdown
Dealing with draw down, panicking about your portfolio when things are not going your way? Well, let’s see what we can do to give you the right moves to get back ahead...
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Everyone has to deal with draw downs and take a hit in their portfolios every now and then, just like ANY business. However, we have strategies and approaches that we use to minimize those harder times and approach portfolio management it in a very different way.
So, let’s show you what we do, how we do it and and how you can minimize the negative affects of a draw down or down turn in your strategies performance.
3 Key Takeaways From This Show
- Everyone deals with downturn just like any business
- Trade Smaller, trade more often
- Base your position size based on account for the worst case scenario and take the draw down off the top
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