3min chapter

Masters in Business cover image

Peter Borish on Lessons From the 1987 Market Crash

Masters in Business

CHAPTER

How to Trade Volatility Drawdowns Effectively

Every successful trader has a near-death experience. It's how you recover from it and so it's one of these things that math works. If you're in business long enough you're gonna have a worse trade because that's just the law of large numbers records are made to be broken. LeBron James did it this year all the credit in the world for him but it's a little bit like trading options.

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