The Long Run

Months and years rather than minutes — living through a drawdown, measuring your own decisions, and where this stops being a markets subject.

4 units · 17 lessons · 39 min read · plus hands-on practice, at your pace

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What does a three-year drawdown do to someone who has only read about one?

Living Through a Drawdown · 3 min read · practitioner

Start the first lesson

Unit 1 Living Through a Drawdown

  1. What does a three-year drawdown do to someone who has only read about one? 3 min
  2. Why is doing nothing the hardest action to take? 2 min
  3. What makes the bottom the easiest place to sell? 2 min
  4. Why does surviving a drawdown change what you do next? 2 min
Practice Check · Unit 1 A short check · cannot be failed Start

Unit 2 Measuring Yourself, Not the Market

  1. How do you tell a good decision from a good outcome? 2 min
  2. What would you have to write down to catch yourself later? 2 min
  3. What do your own records say about you that you would never guess? 2 min
  4. How do you tell a broken process from a bad run? 2 min
Practice Check · Unit 2 A short check · cannot be failed Start

Unit 3 A Practice You Can Sustain

  1. How much attention does a position actually need? 2 min
  2. What does a routine protect that a rule cannot? 2 min
  3. What changes when you tell someone what you own? 2 min
  4. What does it look like when markets stop being interesting? 2 min
Practice Check · Unit 3 A short check · cannot be failed Start

Unit 4 Where This Stops Being About Markets

  1. When is this no longer a markets problem? 3 min
  2. Which things traders say about the mind are actually true? 2 min
  3. Which of your problems are not psychological at all? 2 min
  4. What have you learned about your own decision-making? 2 min
  5. The Long Run checkpoint — years, records, and the edge of the subject 5 min
Practice Check · Unit 4 A short check · cannot be failed Start

Last Course exam

One exam, the whole course Unlocks when you have read all 17 lessons

Passing it earns the course certificate.