Had a couple of timely questions regarding "draw downs". Could be something to do with the crappy action of late but as we all know we can't simply blame the market. There are things we can do to deal with and hopefully reverse this unpleasant situation and since I recently had a draw down of my own thought I'd do a post on how I dealt with it. Might make this a continuing educational series if there is enough interest, takes sooo much time to prepare, certainly don't to waste my time. Maybe all this stuff is well known to everyone else and I'm just stating the obvious, if so, apologies for that. Just look away then I'm hideous...
I'll attach a few screen shots here to give the gist of it...
In summary, trading drawdowns suck. : )
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