Your first drawdown as a beginner: what did you do?
The first time an account drops 10% or 20%, new traders usually do one of three things: stop entirely, chase the loss, or pretend it isn't happening. The response matters more than the drawdown itself.
Share:
- roughly how deep your first drawdown went
- what you did while it was happening
- what you know now that would have helped then
The drawdown and recovery maths shows how recovery gets harder the deeper the hole.
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