DRAWDOWN IN FOREX TRADING (Risk / Money Management / Behavioural Economics)

Drawdown separates the sustainable traders from the long-term losers. It's as important as your trade-by-trade money management. However, it seems very few traders give this the importance that it needs. In this video, we discuss risk, money management and behavioural economics to understand how our drawdown gets out of hand and what we can do to control it. ================ SUBSCRIBE FOR MORE TRADING VIDEOS: https://www.youtube.com/user/duomoinitiative?sub_confirmation=1 ================ JOIN THE INNER CIRCLE FOR FREE: http://freelearntotrade.duomoinitiative.com ================ GET OUR FULL ONLINE COURSE: http://www.duomoinitiative.com/onlinecourse ================ Find us here: Website: http://www.duomoinitiative.com Facebook: http://www.facebook.com/duomoinitiative Twitter: http://twitter.com/duomoinitiative Nicholas Twitter: http://twitter.com/nikipuri Instagram: http://instagram.com/duomoinitiative

Comments

1. In mt4 for I tested and ea, it keeps giving me a higher drawdown than profit. If the profit is positive, does the drawdown matter?
2. Thank you
3. Finally a channel with some unfiltered honest talking, and not just another Tim Sykes rip-off! Does the full Duomo course focus on FOREX more than anything else ? Great vids mate, keep it up.
4. 1-2% on what a multimillionaire account, I trade up to 50% and haven't seen big losses like that ?
5. Lol this is very random but you have such full eyelashes lol. It looks like you're wearing eyeliner. I'm jelly
6. Great! You've addressed an important issue that most traders never take into account. well done.
7. Awesome video thanks for tips.