On any single trade, you have no idea which outcome you will get. They understand the math intellectually but emotionally treat every individual trade as if it must work. It does not have to.
You are not in the business of being right on this trade. You are in the business of being profitable over 200 trades. When you truly internalize this, you stop hesitating on valid signals, you stop celebrating individual wins, and you stop mourning individual losses.
Each trade is just one data point in a distribution. Nothing more.
The strategy that made you money last quarter might be the same one bleeding you dry this quarter. That is not a broken system, that is a regime change. Markets rotate between trending, range bound, volatile, and compressed. Your strategy was built for one of these, not all of them.
The moment you start tweaking parameters mid drawdown, you are not fixing the system, you are fitting it to the last 10 trades. By the time your "fix" kicks in, the regime shifts again, and now you have a modified strategy that works for a market that no longer exists.
The original system would have recovered on its own. Your tweaked version never will, because it is now chasing yesterday's conditions. The best thing to do during drawdown, is to do NOTHING.
रॉयल अल्बर्ट हॉल (लंदन), कार्नगी हॉल( न्यूयॉर्क), ओपेरा हाउस (सिडनी) जैसी जगहों पर जगजीत जी ‘हम तो हैं परदेस में’ ज़रूर गाते थे।लोग भावुक होते थे।वही लोग कुछ मिनटों बाद जगजीत जी के पंजाबी गानों पर डांस करते थे।ये जगजीत जी कमाल था।
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