I'll try to chime in with my own 2c a little later this weekend, but I think you nailed it pretty good there yourself Steve with your plan. Sorry to hear of the draw down, but I think you're absolutely spot on with what you said in your post. This topic really doesn't get discussed much at all since as you said, most people just don't want to ever admit to experiencing draw downs in trading and prefer to just talk about their winners all the time. We've all suffered some kind of draw downs in trading ... anyone who says they never did is just flat out lying IMHO.

Anyway, I thought it was a great thread idea personally! Thx for starting it up in here. Hoping it catches some other peoples eyes as well and we get some good input from the other regulars here.