Episode #53: Jason Shapiro- "Unknown Market Wizard" talks his 30 year trading journey, The fine line you have to walk as a contrarian, & comparing short-selling to a hit of Herion
Confessions Of A Market Maker
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What's the Most Important Lesson You've Internalized?
Jason Johnson: Win rate doesn't matter. It's the how much you win it, how much you're losing. The discounting mechanism, being participation and not price, is his main message in the book. "I think that's the most important lesson I've internalized," he says.
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