A Note about Drawdown

When passing through a string of losing trades, it is always good to remember that drawdown is a common occurrence in Forex. It is the reason that Forex is a higher risk investment than many others. No two days in Forex are the same and no system is consistent on a daily or even weekly basis. The reason we share our maximum drawdown target is to remind you of that fact. Your Forex account is your Forex account and you can do with it what you will. At anytime you can withdraw your funds or have trading stopped. However, as many of you know, strings of losing trades are often followed by series of winning trades.

The important thing to know when passing through down periods is that we are disciplined traders. We are not emotionally affected by losing trades just as we are not affected by winning trades. We continue commit to you that we will trade the plan so long as we believe that it is a viable plan and are confident trading that plan with our own money.