408: Trading Full-Time & Managing A Private Fund - Ali Crooks
Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
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How to Maintain Consistency After a Good Month
I think a lot of traders, when they hear this average of 5% a month, they almost subconsciously think they're going to just have a 5% month, every single month. So if I have a winning month like that, the first thing I do is go back and look at the data and look how rarely does that happen? Well, it's on average once every 18 months that I have a big win like that. Look at my live data and historical data. Because even though I've been trading 20 years, it's very easy to do in that situation. Get a little bit carried away or as he says, get a little bit loose with your analysis on your next
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