Tag: drawdowns

Drawdowns are like scars showing that we have survived

The stock market is not a friendly place, where everyone is guaranteed to make money by having exposure in securities. It’s a highly competitive…

I’m attacking the risk, not trying to avoid it

The title is a quote I heard from Tom Basso, a semi-retired trader featured in “ The New Market Wizards ” book that was published in 1992. According…

No pain, no gain

People often look for easy money in the markets. They are in for the reward without wanting to tolerate the pain. When I think systematically in…

Every trading strategy has drawdowns