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Trading

Drawdown

The peak-to-trough decline in portfolio value before a new high is reached. Tracking drawdown helps wave analysts assess whether their position sizing and stop-loss strategy are appropriately calibrated.

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Risk Management
The practice of identifying, assessing, and controlling trading risks. In Elliot...
Stop Loss
A predetermined price level at which a position is closed to limit loss. In Elli...
Position Sizing
The process of determining how many shares or contracts to buy based on account ...
Double ZigzagAll TermsElliott Wave Principle