Definition

The humorous (and painful) experience of losing all your leg or body hair by being dragged behind something, especially a horse. Mother Nature's depilatory method for the absurdly brave or catastrophically unlucky.

Example Usage

I went down that hillside so fast it felt like I'd gone for a wax trot.

Source: Urban Dictionary (https://www.urbandictionary.com/define.php?term=wax%20trot&defid=8674100)