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How to increase your drawdown by bottom fishing

Trader Mindset

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Bottom Fishing

The second most important thing you need is momentum, and you need it in the direction of what you're buying. You don't get paid to buy weakness, cause weakness begets weaker, and then it gets weakest. The old you know, buy on weakness sells strength. That's an investor's type of a deal. But if your performance based trader, you need some type of diversification. And when i see things that would work against my ideology, i don't, it's not an instinct to want to bring that into my house. It's like inviting some jackass into your house.

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