046: Hans Dederle – Trading the Open, Hunting Greed in the Market & Obsessing About Quality Over Quantity
Chat With Traders
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The Importance of Sticking to Your Strategy
The biggest thing is emotion, the second biggest thing is stupidity because you know at that time I knew that the trades I was making weren't the right ones. When you're a brand new trader and you have the type of market volatility that happened at that point in time you know everything just hits you like a ton of bricks. You don't really stick to your strategy and you take one loss you want to make it back so you jump into another trade, make another loss and then you start averaging down makes more mistakes. One thing leads to another and you just blow everything up. The biggest hurdle that I deal with is really just sticking to my strategy and not you know becoming way too emotionally
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