4min chapter

The Trade Busters cover image

22 - Real Talk with Real Traders: Yiming Li

The Trade Busters

CHAPTER

Trader's Reflections and Progress

In this chapter, a trader reflects on their preference for phone trading despite its drawbacks, shares their journey of ups and downs, and their efforts to reduce losses from 70% to 40%. The trader also discusses incurring a significant $40,000 loss due to not cutting losses early, facing criticism, feeling discouraged, but now considering posting again after receiving encouragement.

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