218: How To Recover From Your First Drawdown

How To Recover From Your First Drawdown In episode 218 of the Desire To Trade Podcast, I share with you how I had my 1st drawdown in the Forex market and what steps I took to get out of it.   >> Watch the video recording! In This Episode, You'll Learn... Into to the podcast and updates on Etienne's trading 00:15 How Etienne's 1st drawdown happened? 03:01 Factors that lead to the drawdown 05:19 Different timezones 05:19 New strategy / Changing strategies 05:47 Lack of quality trading opportunities 06:34 Peer / Self-pressure to take trades -> take lower quality trades 07:11 Handling my 1st drawdown 07:55 Coming out of the drawdown 08:44 How to get out of your drawdowns 10:01 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Desire To TRADE Academy  DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: AxiTrader (use our link to get a special bonus) Pepperstone (special signup offer) SCM (Scandinavian Capital Markets) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!