028: Andrew Falde – How to Avoid ‘Predicting’, the Purpose of Options Markets, and 7 Components of Profitable Systems
Chat With Traders
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The Most Important Aspect of Trading
The psychology of having to be right is what often brings that up. You may actually enter where you have ten losses in a row, or one out of ten works. So knowing that behind your system let you know ta to allow those losses to just happen. Let them happen over a short period of time. If the entire market is very stagnant, you may have a lot stocks, a lot of positions all experience the same thing at the same time. And right around the time you want to quit and pull the plug, five or six of those can run in your favor big on that system. It's probably seven losses and three winds, or six losses and four winds. That's probably
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