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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!

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

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About The Desire To Trade Podcast

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!