In this episode, Louise Bedford and Chris Tate tackle the challenges of drawdowns, diving into both the emotional and practical hurdles traders face during tough market conditions.
We’ll explore the psychological impact of drawdowns and share strategies for effective risk management.
You won’t want to miss the expert insights from best-selling author Chris Tate.
Learn how to measure drawdowns, set realistic loss limits, and create solid recovery plans.
This episode is packed with tools and techniques to help you navigate market turbulence and come out stronger. Tune in to learn how to turn setbacks into opportunities and trade your way out of drawdowns towards greater success.
Topics we discuss:
- What emotions do traders go through when they’re in drawdown?
- What’s the best way to measure drawdown?
- How much of a loss is too much in a particular trade?
- What about across a whole portfolio – how much of a loss is too much?
- How can you prevent drawdown before it begins?
- How can you get back into the market after a significant loss?
- How can you trade your way out of drawdown?
Don’t miss this!
There are so many variables to consider when establishing your trading business.
That’s why trading experts Chris and Louise have run their Mentor Program for the last 25 years.
They have helped hundreds of traders and investors build robust trading plans and gain an edge for a profitable future.
To get a preview of what’s included in their long-running Mentor Program, become a part of our Priority Notification group.
You can do that at this link (it’s free)
This will be our 25th year of running the course, and in the lead-up, we’ll be releasing a free mini MasterClass of trading information to everyone queueing to get into the 2025 Mentor Program.
About Chris Tate
Chris Tate is one of the first people to ever release a share trading book in Australia.
He is the best-selling author of The Art of Trading and The Art of Options Trading in Australia.
He’s been running the 6-month repeat-for-free www.tradinggame.com.au Mentor Program since the year 2000, and he’s also the founder of www.talkingtrading.com.au, a free weekly trading podcast.
With a background as an immunologist and his previous work as a bouncer, Chris’s life experiences will amaze you. When he’s not hanging out with his traders, he can be seen lifting weights at the gym, enjoying yoga… and trying to get a personal best time on his rowing machine in his garage.
To get in touch with Chris
Facebook: https://www.facebook.com/TradingGame/
Twitter: https://twitter.com/TheTradingGame
LinkedIn: https://www.linkedin.com/in/christatetrader/
Youtube: https://www.youtube.com/tradinggame
About Louise Bedford
Louise Bedford is a highly accomplished and experienced trader, educator, and author, with over 30 years of experience in the financial markets.
She is the co-founder of The Trading Game and is known for her unique approach to teaching trading psychology and market analysis.
Louise has authored several successful trading books, including Trading Secrets, Charting Secrets, and The Secret of Candlestick Charting.
Her new release – Investing Psychology Secrets – is the hottest trading book right now!
Louise and her business partner, Chris Tate, run their hugely popular, repeat-for-free Mentor Program. This course provides simple techniques that you can implement straight away, and valuable resources to enhance your trading so you can maximise your profit potential.
The Trading Game Mentor Program is a 6-month, repeat-for-free course, that has been running since the Year 2000.
If you’re curious about whether this is your next step, then you need to register for Priority Notification, so you can learn more, and get a heap of free trading resources.
To get in touch with Louise
Facebook: https://www.facebook.com/TradingGame/
Twitter: https://twitter.com/TheTradingGame
LinkedIn: https://linkedin.com/in/louise-bedford/
Youtube: https://www.youtube.com/tradinggame
TikTok: https://www.tiktok.com/@tradinggame.com.au
Instagram: https://www.instagram.com/tradinggame.com.au/
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