A Drawdown is a drop in a portfolio value after one or more trades. It’s when the portfolio dips from the highest high.
Once you’ve entered into the inevitable drawdown phase, you’ll need to know how much you’ll need to recover.
That’s where the drawdown calculation comes in…
The Drawdown Formula to recover after a portfolio drop
Let’s use three examples of...
Hey traders,
Ever wondered how some of the professional traders can lose tens of thousands of dollars and still not be phased? Well, today I am going to chat about how and why they have the ability to remain consistent and trust the process, and how you can do the same.
Enjoy!