How to Handle Trading Drawdowns (Step-by-step process)

Trading drawdowns are brutal. Not only do we lose money, but they also mess with our trading psychology and impact our trading. This video covers why trading drawdowns happen, how to handle trading psychology during drawdowns, and most importantly, how to bounce back without revenge trading. ✅ Join my trading course ➡️: https://theonelanceb.com/ 🐂 All free content is sponsored by Clear Street, my broker of choice! https://tinyurl.com/ClearSt-Lance --------------------------------------------- 📱Follow my socials: X: https://x.com/TheOneLanceB Insta:   / theonelanceb   --------------------------------------------- 🎥 Watch these next: My $100M Daily Report Card:    • Copy My Trading Report Card That Made Me $...   15 Years of Trading in 15 Minutes:    • 15 Years of Trading Advice in 15 Minutes T...   How I Lost $2M in 1 Trade:    • How I Lost Over $2 Million in 30 Minutes o...   How Sleep Impacts Your Trading:    • Your Sleep Is Destroying Your Trading Prof...   Trading Risk Management: Coming Soon! --------------------------------------------- If you’re new to my channel, my name is Lance Breitstein. I spent over a decade trading equities at Trillium, setting the record for the highest PNL in a single year as their Top Trader. I trained dozens of traders to become successes while managing Trillium’s Chicago office. With over $100m in verified profits, I now spend my time focused on turning good traders into greats and greats into GOATs. Advisor to SMB Capital and mentor of 7- and 8-figure PER YEAR traders. I am to be profiled in the next edition of Jack Schwager’s Market Wizards. The journey is never easy. Trading is one of the most difficult, but most rewarding jobs imaginable. I am here to help you on your path, wherever that leads you. May you want it bad enough to overcome any obstacles. -(The One) Lance B --------------------------------------------- Chapters: 00:00 How to Handle Trading Drawdowns 02:08 Regain Perspective 05:18 Stop Digging, Cut Size 06:26 Learn from the Loss 07:07 Set Guardrails 09:56 Drawdown Playbook 11:21 Double Down on Best Practices 12:02 Build Confidence Back 12:30 No Steps Backwards 13:21 Baby Steps 14:03 Dos and Don'ts DISCLOSURE Information shared here is for educational purposes only. This is not investment or trading advice. Make your own independent decisions. Full terms: https://theonelanceb.com/terms-of-ser... #swingtrading #trading #lancebreitstein #daytrading #stocks #finance #stockmarket #tradingeducation