171: Stan Gluzman – Raid the "Money Box"
Chat With Traders
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How to Be a Better Trader
The idea is I want to cover into any big wash outs and I want to short bounces. You know, it's you have to think about making money and part of that is like having small losers. So if you think you're right, but the price is just going against you, you're going to take a big loss. If I go past that amount, I'm stopping myself out and that's it. Sometimes I don't and that's when I take the biggest, my biggest losses when I get stubborn.
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