Learn how to calculate max drawdown in a spreadsheet and find out what this metric tells you in backtesting, forward testing and live trading.
Ouch! Yeah, losing streaks hurt like hell. They can make you question your trading skills and sometimes they may make you want to give up trading. But unfortunately, they are a natural part of trading. In this post, you will learn some strategies on how to limit their negative impact on you get your trading back on the right track.