12min chapter

Words of Rizdom cover image

How Pros OUTSMART Retail Traders (Insider Tips)

Words of Rizdom

CHAPTER

From Academia to Trading: A Journey in Risk Management

This chapter recounts the speaker's transition from an academic background in economics to the high-pressure world of institutional trading, beginning with their experience in Paris in 1992. It emphasizes the crucial role of risk management and technical analysis in navigating trading challenges while reflecting on the chaotic nature of retail trading compared to the structured environment of a bank. The speaker also discusses the evolution of trading strategies amidst a debate between technical and fundamental analysis, highlighting the importance of human behavior in market dynamics.

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