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Interview With A Day Trader - Dr. Brett Steenbarger

B The Trader

CHAPTER

Trading Psychology Is a Great Way to Think of Risk and Adding That to Your Equation

If I got myself in an ego mode and I find myself high-fiving the next day I would want to size down It's a risk factor the ego is a risk factor So it doesn't matter if our previous P&L was positive getting the ego involved means we're listening to our own heads. We're not following the market and so I would wants to size down actually that's a risk factors. Do you also help traders who are not in prop firms? Sometimes or work with some I don't  and simply because I don't have the bandwidth for it Yeah, the other reason I don't work with independent retail traders is that actually I don't feel that the trading

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