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Day Trader Lost a Million Dollars and Recovered

B The Trader

CHAPTER

Is There a Difference Between Art and Science in Your ECN Setup?

When you're a mean reversion trader, stopouts become really difficult. But at what point do you have a max pain point? Maybe it's two or three times a day because you're not really going to hit it that much. Once you master one thing and realize that the game's hard, I got to get better at the game. It's OK to be wrong. I'm going to be humbled. And once you understand all the counterintuitive rules that it takes to be successful in this business, you can put your own spin on it. And it becomes art.

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