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179: Mike Komaransky – Going All In: The Fixed Income Trader Early to Bitcoin

Chat With Traders

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The Importance of Emotional Attachment in Trading

"If you don't have a thick skin, I don't see how it's possible to even enter the trading business," he says. "I think maybe with time, you just grow a thicker skin and you say, you know what? I didn't need that 100 grand anyways." If you get emotionally attached to a trade, then the premise of your trade was wrong to begin with,. You should get into a trade because statistically it's going to make you money, not because it's based on hope.

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