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218: How To Recover From Your First Drawdown
Season 1 · Episode 218

218: How To Recover From Your First Drawdown

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

October 28, 201912m 27s

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Show Notes

How To Recover From Your First Drawdown

In episode 218 of the Desire To Trade Podcast, I share with you how I had my 1st drawdown in the Forex market and what steps I took to get out of it.

>> Watch the video recording!

In This Episode, You'll Learn...
  • Into to the podcast and updates on Etienne's trading 00:15
  • How Etienne's 1st drawdown happened? 03:01
  • Factors that lead to the drawdown 05:19
    • Different timezones 05:19
    • New strategy / Changing strategies 05:47
    • Lack of quality trading opportunities 06:34
    • Peer / Self-pressure to take trades -> take lower quality trades 07:11
  • Handling my 1st drawdown 07:55
  • Coming out of the drawdown 08:44
  • How to get out of your drawdowns 10:01
  • And much more!

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

Resources Mentioned DesireToTRADE's Top Resources About The Desire To Trade Podcast

What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!