By June, you are left with $5,000. That’s 50% of your original capital of $10,000. To get back to the original trading capital, you need to make 100%. Position sizing along with the right mind and methods will prevent a horrific drawdown, leaving you with a mountain to climb.
There are so many ways of plotting the prices of equities today. Naming a few – line, point and figure, area, and candlesticks. Which chart plotting method should you use? I was using line charts because they were the easiest to read; I was able to tell the direction of the market at one glance.
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The market crashes and quickly reverses. You don’t know if it is safe to enter the market just yet. You stay on the sidelines while many of your friends are making money from the market. The market has been running up and you are fearful to enter because the memory of it crashing the moment
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“In the midst of every crisis, lies great opportunity.” said Albert Einstein. 2020 has been a weird year. We’ve experienced the fastest bear market, with the US stock market crashing 35% in just 1 month. We’ve see oil futures crash to -$37 a barrel. On the other hand, the US stock market recovered from the
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