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Reducing DrawDowns: Don't Spend all your Time Making Money only to Give it All Back 😲 Video

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Why Controlling Account DrawDowns is so Important. http://www.financial-spread-betting.com/strategies/strategies-tips.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Trading Drawdown - Can You Live Through It? Why You Give Back Your Trading Profits

Why controlling account drawdown is so important. While trading, why should you increase your bet size when on a winning streak and reduce it when in drawdown? It sounds pretty obvious; we control account drawdowns because we don't want to lose more money. We know that markets don't go up in a straight line so drawdowns are inevitable at some point. But why is it so important? One is for our performance. This is something that we need to be aware of; if you are generally trading well and making profits and after some time you start losing money and you can't seem to understand why you need to have a system to allow you to pull the plug and reset yourself. What you don't want to do is spend all your time making money and then giving it all back. If you're not performing and not making money just stop and reset yourself; this will make a difference between you ending with a profit at the end of the year or a loss.If you've had a great year make sure not to give it all back in the last month! Second the market conditions could be changing and your system might start failing. Capital protection is most important thing in trading. Redoing.

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Reducing DrawDowns: Don't Spend all your Time Making Money only to Give it All Back 😲
https://www.youtube.com/watch?v=uICEYZcTeTo
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