Best Way To Deal With A Large Drawdown

[Buy1Sell2]

A rope shorter than the distance between the ceiling and floor minus your height.

Uncalled for.

 

[tomas262]

When I get into a larger drawdown I always review for possible over-trading #1 cause of my drawdowns. Months with the worst performance cost me the most in terms of commissions paid that month. Yeah, trade less make more

 

[SoesWasBetter]

Uncalled for.

Says who?

 

[murray t turtle]

May I ask you a question Mr. Turtle: Do you day trade or swing trade? And how do you determine R:R prior or at the time of entry?

Thanks.

%%
Swing trade+ swing invest;
mainly use CAN SLIM-IBD stuff, i think its about 577 pages. And some math; rather risk $3 on $58, than $3 $20 .He like$ to'' consider selling if its outside channel'' but that is in his new book Most of my ETFs, or sometimes stocks======= tend to spend/trend out side the channels, so much time, i seldom do that.[7 or 8% is on a cash market.......] Wisdom is profitable to direct

 

[ironchef]

%%
Swing trade+ swing invest;
mainly use CAN SLIM-IBD stuff, i think its about 577 pages. And some math; rather risk $3 on $58, than $3 $20 .He like$ to'' consider selling if its outside channel'' but that is in his new book Most of my ETFs, or sometimes stocks======= tend to spend/trend out side the channels, so much time, i seldom do that.[7 or 8% is on a cash market.......] Wisdom is profitable to direct

Thank you for your coaching.

 

[murray t turtle]

Thank you for your coaching.

%%
Cool ,Ironchief
I really wanted to load the boat with tek stocks after all, NG, QQQ...... day traders did real well today. I AM NOT worried about a Korean war sell off, anything could happen on a 1, or 3 minute chart-LOL 50 day moving average is $till up. Main reason i did not load the boat with tek stocks; if SEPT sells off 80% of the time, i most likely could not get a big trend , in time for probable SEPT Sell off.!!!! Great quote from T omas262 on less trading is more. Wisdom is profitable to direct...............................................................................................

 

[Overnight]

A rope shorter than the distance between the ceiling and floor minus your height.

Yes, it was uncalled for. Not very funny.

 

[vanzandt]

Yes, it was uncalled for. Not very funny.

I thought it was.
But he failed to allocate for the knot.

 

[Overnight]

I thought it was.
But he failed to allocate for the knot.

Without getting too deep into the underlying issue of it being uncalled for, it goes uncontested. Let's leave it at that. It ain't funny. Vanz, we watch each others' backs. But this one? I take issue with it. Let that sleeping dog lay, as it were.

 

[JackRab]

Cut the trade... than throw pencils at your screen... and start chopping some wood...

Why isn't that option available in the vote?