Peter Borish on Lessons From the 1987 Market Crash
Masters in Business
00:00
Discipline and Risk Management in Options Trading
Trading and risk management are inherently unnatural characteristics. You have to have that discipline to say wait a second it's over the move is there. Think about it this way you got a hundred people in a subway car who are all along something if I get out and go into the other car where I'm on the short side, they come running out. That doesn't mean you should be contrarian for contrarian's sake.
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