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#19 James Brodie – Trading, Markets, Behavioural Finance, System & Algo Building
The AlphaMind Podcast
Tradingis About Risk Management
If i was putting on a trade that was opposite to every one of your trades during that year, would i have made money? It is a stupid question for both. Tradingis about managing the position. If you're making money, typically retail traders add to too quickly. And if they're losing money, quite often they hold on to it too long. The average loss far outweighed the average game.
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