Your portfolio has dropped by 20% this month.
Is that normal? Should you sell?
The answer depends on one thing:
Did you have a plan before entering?
A 20% drawdown in a strategy set for 24 months?
Background noise. We hold.
The same drawdown on a position taken without a plan or exit strategy?
That's an emergency.
That's why we set the rules BEFORE investing. Not during.
#Drawdown #GestionRisque #PortfolioManagement #GoldenBridge