How to REDUCE DRAWDOWNS in trading: 8+ proven techniques

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This lesson demonstrates 8 different techniques for reducing the severity of drawdowns in trading.

I've learned these techniques during my 7+ years experience as a trader from reading dozens of books, listening to hundreds of hours of podcasts, and many conversations with my trading mentors who have decades of experience.

With over 16 years of coding experience and 7+ years of profitable trading experience under my own belt, I specialize in TradingView's Pine Script programming language and I'm here to pass on everything I've learned about both trading and coding.

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The content provided in our videos, including all code, lessons, and materials, is strictly for educational and informational purposes only. It is not intended as, and should not be interpreted as, financial advice, a recommendation to buy or sell, or an offer of any financial product or service. All strategies, tools, and examples discussed are provided for illustrative purposes to demonstrate coding techniques and the functionality of Pine Script within a trading context. Any results from strategies or tools provided are hypothetical and past performance is not indicative of future results. Trading and investing involve high risk, including the potential loss of principal, and are not suitable for all persons. Before making any trading decisions, please consult with a qualified professional to understand the risks involved. By using our materials, you acknowledge and agree that any trading decisions are made solely at your discretion and risk.

▼Timestamps▼ 00:00 - Intro & Overview 01:51 - What are drawdowns? 09:58 - Drawdown mitigation technique #1 17:27 - Drawdown mitigation technique #2 20:33 - Drawdown mitigation technique #3 23:48 - Drawdown mitigation technique #4 27:28 - Drawdown mitigation technique #5 29:15 - Drawdown mitigation technique #6 31:26 - Drawdown mitigation technique #7 33:57 - Drawdown mitigation technique #8 38:30 - Bonus techniques / Summary

#Trading #Theory #Profit ... https://www.youtube.com/watch?v=dT_t4ed9gJE