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397: Trading Like The Banks For A Living - Simon Ree

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

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How to Go to Cash for a Few Days

If I have a portfolio drawdown of 15%, it just it means I'm out of sync with the market. It's something is not quite firing. I need to go to cash for a couple of days, let the kind of emotional baggage drain from my system and then reapproach the market without any emotional or positional baggage. And there's a lot of power into taking breaks to some times - like getting away from the markets for aouple of days,. Or just kind of not trading too much.

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