144: Tim Steenstrup – Learn an Arbitrage Strategy Used by Professional Stock Traders
Chat With Traders
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How to Recover From a Nintendo Game Loss
I lost over $1 on this particular trade within the space of what two or three days which took you then a few months to get back. I think that's really important to keep in the back of your mind like how quickly you can lose money. And recently, the trades are a lot more boring. They're just like things like what happened with Sony came out with numbers after the close one day and they were terrible numbers in the market. It had only taken Sony down two or 3%. I shorted it and it ended up opening down something like 10%. These are the kind of trades that are much more common and regular, these kind of volatility events. And they're happening.
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