Question about managing drawdown

asked by u/jung_aoi · 16d · 1 answers

Hey everyone, fairly new here. I've been paper trading for a few months and feel like I'm getting a handle on entries, but managing drawdowns when a trade goes sideways is still tripping me up. What's your practical advice for not letting a single losing trade spiral, especially when using leverage?

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  • u/aozturk· 1 pts· 15d

    Your entry might be the problem if you're consistently getting tripped up by drawdowns. Leverage only amplifies poor position sizing or weak conviction; a solid thesis reduces the likelihood of needing to 'manage' a spiraling loss.

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