Not a big deal, as this year has been pretty rewarding already, but being spoiled with a lot of great trades and then having to give part of the profits back never pleases anyone, does it?
On the other hand, my whole current experience is incomparably better to what it used to be 5-6 years ago.
First of all, having 5-6 WINNING months in a row used to be something non-existent.
Second, my drawdowns used to be pretty wild. Now, they’re the lowest I’ve ever had.
And third, my drawdown recovery period is now about one-third of what it used to be.
Overall, my trading is way different to what it used to be when I first started.
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One of the big reasons for this is that, during the last years, I became a true “trading damage control” freak.
While the majority of traders spend a lot of time figuring out how to make more money, I spent years of my life figuring out how to minimize risk, drawdown, and any possible trading damage.
And all the effort and hard work paid off…
This focus led to the development of extremely tough robustness procedures, and cutting-edge techniques like Market Internals, as well as a significant reduction of false breakouts.
Yes, false breakout entries are a very serious obstacle for a smooth trading performance, and they can be extremely painful, especially when seeing how quickly they can suck your money out of your trading account.
False breakout entries are a very serious obstacle for a smooth trading performance, and they can be extremely painful, especially when seeing how quickly they can suck your money out of your trading account. Click To Tweet
The good part is…
…they can be fixed!
A good, thorough deconstruction of false breakouts is usually a great first step. Then we’ll be able to understand where these dangerous false breakouts come from, why they are happening, and only then, how to start controlling them.
What’s often very surprising, is how little is needed to fix them, and how very simple techniques can make a huge impact.
So, let me ask you – would you like to know:
- How false breakouts can be the biggest leak of money for breakout traders, including Futures, Stocks, FX and ETFs,
- How much money false breakouts could actually be costing you – without you even realizing it,
- A comprehensive deconstruction of timing – enter breakout trades at the right time and stop costly breakout trading mistakes,
- 4 proven approaches to slashing false breakouts today – stop them from stealing your money and eating all your profits!
Then, we have great news for you…
We’ve created the perfect, and FREE, ebook for you: ‘Fix False Breakouts Fast’ quick guide.
In the ebook, you’ll discover 4 simple steps to radically improve the timing of your entries – including a brief deconstruction of false breakouts.
It will open your mind and make you look at your trading slightly differently.
So, if false breakout entries are a challenge for you too, just download the ebook.
It will guide you through some great ideas on where to start fixing false breakouts now!