how to handle drawdowns?

[ironchef]

You never going to get last nickel but if you buy dividend stocks, you get little more, learn options and dance them around your position to get little more. Read up on how Buffet does it.

Invaluable advice and great words of wisdoms.

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

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.

 

[Trading Education Buyer]

Invaluable advice and great words of wisdoms.

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

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.

op knows drawdons , but how do you handle them psychologically?

 

[ironchef]

op knows drawdons , but how do you handle them psychologically?

It was never easy.

 

[baro-san]

op knows drawdons , but how do you handle them psychologically?

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