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Peche's Trading Journey - Hollywood Actor & Musician Talks Trading

The Friendly Bear - Verified Trader

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The Importance of Realizing Your Maximum Loss

I think it's realizing what is the number? What is that number where it's like a risk on a chart. Like, I always ask myself, is the thesis intact? Is it? Exactly. If it's not intact, then like, I got to stop adding, this is a loser. I got to look to cut it. Same thing with your personal losses in the day. You go in the day thinking that you're going to, not to trade, but to extract money from the market. So if you're 1,000, 2,000, 3,000 down, whatever, whatever,whatever, I don't know what the number is for each person. But

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