Pro Learning Lab: Success in Forex is only obtainable by understanding and surviving draw down (January 8th, 2015)
Even the best of trading systems are set aside when FX traders encounter a slight draw down.
Forex traders dream of making lots of pips but few realize that success is only obtainable by being able to survive draw-downs, which could be tough not only from a financial point of view but specifically from a psychological sense. Do you have the stamina to stay on course? Can you keep trading a strategy even during a draw down or is the temptation to start over with something new just too large?
Forex traders dream of making lots of pips but few realize that success is only obtainable by being able to survive draw-downs, which could be tough not only from a financial point of view but specifically from a psychological sense. Do you have the stamina to stay on course? Can you keep trading a strategy even during a draw down or is the temptation to start over with something new just too large?
