Тёмный

Trading out of drawdowns... 

Charlie Burton Trading
Подписаться 7 тыс.
Просмотров 1,4 тыс.
50% 1

A trader asked for advice on trading through rough periods and so here's some thoughts on this common experience...
Free Trading for a Living Report - www.charliebur...
Follow me on twitter - @charliebtrader
Follow me on Instagram - @charlieburtontrading
Blog - www.charliebur...
#charlieburtontrading

Опубликовано:

 

15 окт 2024

Поделиться:

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист
Посмотреть позже
Комментарии : 18   
@haneyguitarinstruction6260
@haneyguitarinstruction6260 Месяц назад
One of the Realist traders on here. Such profound wisdom. Im grateful for your wisdom sir. Im still going through this journey
@charlieburtontrading
@charlieburtontrading Месяц назад
@@haneyguitarinstruction6260 thank you!
@smail8002
@smail8002 Год назад
I remenbered asking the same question back in the days to a hedge fund manager in Singapore. She told me to view trading as being like a casino manager. A casino manager isn't going to bankrptcy after a losing week. In fact, he couldn't care less because as you said he knows that at the end of the month or 3/6 month or year he will be in the green. Long term view is a better frame to work with indeed. You gave an interview back 6-7 years ago on the youtube channel UKspreadbetting where you said 'I got so many bad periods during my trading carrer I don't mind them much anymore' which is very true in term of being so used to bad trading periods that at some point when they come back we don't care anymore it's nothing we haven't seen before. I guess you have to get fuc*ed by the markets so many times you really don't phase anymore when things are going bad.
@charlieburtontrading
@charlieburtontrading Год назад
Yes you do get hardened to it over time and experience
@ALZAAFARANI
@ALZAAFARANI 8 месяцев назад
It's really tough when slippage just say F ur drawdown let's have some more. CPI made my SL slip and resulted in 3x the original amount. Very rough.. Not mentioning my short got stopped and then went straight to my 4 RR target without me.
@charlieburtontrading
@charlieburtontrading 8 месяцев назад
That’s why you shouldn’t day trade the news before it’s out. Risk of slippage is high. Please don’t do it
@Plutoguru
@Plutoguru 11 дней назад
Yep big slippage, problem!
@lylel3471
@lylel3471 Год назад
Good vid Charlie, I've been trading for 3 years I've pretty much eliminated all mistakes e.g over trading revenge trading etc. However I am struggling with holding my winners my strategy doesn't have much of and edge at 1:1.5 1:2 risk rewards but has a great edge at 1:3 to 1:4. Any tips to be able to hold winners
@charlieburtontrading
@charlieburtontrading Год назад
Holding on is all about mindset. Keep reminding yourself 'you cannot afford to bank profits until it gets to those levels'. Easier said than done and we spend a lot of time on this as it's so difficult but that's one tip...
@lylel3471
@lylel3471 Год назад
@@charlieburtontrading thanks Charlie
@theblockcat-ain1572
@theblockcat-ain1572 3 месяца назад
My drawdowns come from mostly force trades. And trading when I dont see my set ups. If I can just stop doing foolish trading. I'll make it 😅
@Hsk736h
@Hsk736h Год назад
Thanks Charlie
@charlieburtontrading
@charlieburtontrading Год назад
You're welcome...
@pokerpokerfan
@pokerpokerfan Год назад
How would you downsize your position sizing when you are in a drawdown? Is there a popular way the hedge fund do to trade while in a drawdown period?
@charlieburtontrading
@charlieburtontrading Год назад
Just cut your position size in half...
@kriskantu
@kriskantu Год назад
@@charlieburtontrading Genuine question Charlie, in a drawdown do you cut your position size in half even at a loss?
@charlieburtontrading
@charlieburtontrading Год назад
@@kriskantu I do reduce position size yes once into drawdown. So not immediately but after a sustained period
@kriskantu
@kriskantu Год назад
@@charlieburtontrading Thanks for your answer.
Далее
Why break-even stops are pointless!
5:47
Просмотров 1,1 тыс.
Trading pressure! How it can affect you...
9:03
Cool Parenting Gadget Against Mosquitos! 🦟👶
00:21
Trade with confidence!
8:35
Просмотров 1,5 тыс.
My 5 year trading plan!
5:09
Просмотров 960
Charlie's MAD at these traders!
29:32
Просмотров 1,5 тыс.
Getting trigger happy!
1:00
Просмотров 352