maxi_king

This really highlights the different approaches. If you see DCA as purely a long-term belief, metrics don’t matter much. I’m focused on execution risks, not just market risks.

I think we’re pretty aligned here. Maximum drawdown is key, but I don’t see time below ATH as predictive. It’s more about how it affects your decision-making.

I notice most replies talk about DCA as a mindset. Patience and belief are key, but I also think we need practical metrics to check if the strategy is still working.

Yeah, I see what you mean. DCA isn’t about being unprofitable, but it doesn’t capture the whole experience. It’s all about those long stretches where your portfolio is underwater and you’re questioning your decisions.

Most discussions about investing seem to only focus on returns. But with long-term DCA, I’m convinced that just looking at returns doesn't really show if the strategy is solid enough for different market conditions.