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What happens in a drawdown

Trader Mindset

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What Do You Do When You're in a Drawdown?

Michael Martin: I like to always think about draw down as you know all of it's my money regardless of whether you're dealing with unrealized gains or fully realized gains. You can continue to bang your head against the wall if that's what you want to do or you could sit on your hands for a while and let the storm blow over so to speak now sometimes admittedly it's not even a storm, we're in false breakouts.

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