Post #15353

November has been tough for my strategy. I'm currently sitting at about a 8.72% drawdown in my account from its highs. But - drawdown is inevitable. Most traders actually make it worse trying to avoid it. Strategy hopping when things aren't working, and expecting positive P&L every week is a trap you MUST learn to avoid. No one gets it right all of the time. No strategy is bullet proof. You WILL look like a dummy at times. All you can do is backtest, and size your trades correctly so that you can stomach the inevitable drawdowns you will certainly have. If you can't handle drawdown, you should not be trading. As long as you have a system / backtested strategy, and your risk is managed properly in case the losses continue to stack in the short term, just stick to the plan. Most people don't make it in trading - because it's HARD. Drawdowns weed out the hobbyists from the dedicated. Stay strong! Never give up! - Nick