Late-Stage Trades: The Hidden Drawdown Trap
A prolonged account drawdown can quietly and unknowingly build from forcing trades in the wrong environment, driven by the urge to make back recent losses. The later you chase something that looks “right,” the lower the odds it plays out, because the broader market has likely drifted away from the most optimum entry conditions.
I’ve been there, done that, and learned the hard way. Go study what David Ryan himself said turned him profitable and winning 3 consecutive US Investing Championship titles. He’s emphasized it countless times in his interviews.
Letting go of late cycle or overextended trades could be the breakthrough to transform your trading proficiency.
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