Avoiding the Risk of Ruin from a Draw Down

Having a sound money management strategy is very important in order to avoid the risk of ruin from losing streaks and drawdowns. However, please bear in mind that although you might have implemented strict money management rules, you still cannot avoid drawdown at all. Drawdowns are inevitable. Therefore, you need to know how to stop the drawdowns, so as to avoid the risk of ruin and allow you to survive a period of losing streaks and drawdowns. However, the good news is, to stop a drawdown is simple. All you need to do is just stop trading....

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