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163: John "Rambo" Moulton – An Evening with a Veteran Trader [LIVE]

Chat With Traders

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The Importance of Losing

In those days, the only way you can really trade was on the floor. If you want to be a scalper or a day trader, you had to be on thefloor. The key to trading is figuring out how to take a loss and how you deal with that up here. Do you hang on to it and let it bother you or do you release it andLet it go? All I can say is that you need to learn from when you're trading,. You have to learn and you can learn from them from being correct... Just let the trades happen and focus on the now of trading. It takes care of itself.

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