In this week's episode of Line Your Own Pockets, we follow up on last week's topic of trading drawdowns and discuss concrete things you can do when you're in one.

We discuss:

  • Even though you can't predict when they'll happen, that doesn't mean you can't prepare for drawdowns
  • Update your data, rerun your backtests, and reconcile all live trades
  • Small execution differences can cause large P&L gaps
  • Professional traders treat drawdowns as opportunities to improve

And much more...


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Before you go!

The next time you find yourself in a drawdown, I want you to stop what you're doing and head on over to betterbacktesting.com to sign up for my free backtesting email course.

I hope to see you there!

Podden och tillhörande omslagsbild på den här sidan tillhör Dave Mabe and Michael Nauss. Innehållet i podden är skapat av Dave Mabe and Michael Nauss och inte av, eller tillsammans med, Poddtoppen.