Surviving Drawdowns

Thinking of trading for a living? Then you must know the trader’s maxim: “Cut your losses and let your profits run.”

Simple advice, so why do around 80% of retail traders do just the opposite?

Perhaps because, while it may be true that trading is simple and *anyone* can do it, human nature shows us that not anyone can do it *well*.

Losing money hurts and, in the market, everybody loses sometimes. Even experienced traders. The thing is, over time, they tend to lose less than they win. Beginners...