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003: Timothy Sykes – Inside the World of Penny Stocks and How to Profit from Market Inefficiencies

Chat With Traders

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The Emotional Side of Trading

Tim Stanley: I think that what you have to do is just take your one trade at a time. If you do get on a losing streak, then trade smaller or don't trade. Don't try and get all your money back right away if you're going through a bad break-up. He says the best piece of advice he's ever received was when he was 23 and trying to raise money for his hedge fund. "Now I'm starred. Now I know to be conservative"

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