A trading drawdown does not only reduce capital. It can also shrink patience, distort risk perception, and make ordinary decisions feel urgent. The longer the drawdown lasts, the more the trader starts managing two accounts at once: the financial account and the nervous system. That second account often gets ignored until it is overdrawn. When losses stretch across days, weeks, or months, confidence becomes unstable. A setup that once looked clear now feels suspicious. A norm

Enron did not collapse because the energy business suddenly stopped working. It collapsed because years of reported profits rested on accounting choices that turned estimates into earnings, debt into footnotes, and losses into someone else’s problem. By the time Enron filed for bankruptcy on 2 December 2001, it had gone from Wall Street favourite to cautionary tale. Its shares, once trading above $90, became almost worthless. Employees lost jobs and retirement savings. Invest