If you’re a beginner or even a 1 or 2 years in, and you’re not obsessed with drawdown control, you’re focusing on the wrong thing.
I used to do the same thinking about upside, targets, “how big this 1 trade could be”… but none of that matters if you can’t stay in the game. The traders who last aren’t the ones calling the biggest moves, they’re the ones who keep losses small when they’re wrong.
It's the only business where losses are guaranteed in this game.
The only thing you actually control is how much you lose when you’re wrong...and that’s what determines everything long term.
Translation: protect your downside or the market will humble you for free.
🚨Official Solo Satoshi Giveaway! 🥳
We're giving away the all new Bitaxe Turbo Touch; a beautiful touchscreen Bitcoin miner. Shipped anywhere in the world for FREE!
Want to enter?
👍Like ✉️Share & ✅Follow us!
Winner announced in 3 days!🚀
"Your job as a trader is to wait for the best opportunities. Money is made stalking and sitting, *not* being active & forcing a new trade each day."
- Dan Zanger