Investing and Trading: Money Management – Drawdown
Why keep track of your drawdown? After all, we just want to trade right? Focus in on the reward, whether it be from the Forex, Commodity Futures, or Stock Markets. But what does drawdown tell you about your system, and how you should adjust the rest of your money management strategy?Drawdown assists you in understanding the worth of a system or method as well. If the person offering the system refuses to talk about the drawdown numbers of that system? Thats a good indication its a scam and highly overrated. If the person offers you a system or methodology and talks about drawdown – this lets you know that the system has verifiable merit that you can test.My Daily Blog can be found at http://investorandtrader.blogspot.com/
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