218: How To Recover From Your First Drawdown

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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.

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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!

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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!

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218: How To Recover From Your First Drawdown