065: Brett Steenbarger – How to Master Trading Psychology and Introduce New Best Practises
Chat With Traders
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How Did You Work in the Futures Industry?
Whel: I was working primarily with market makers in electronic futures. These were people placing dozens, if not more, trades per day. The average holding period for many of the traders was around three minutes. And it fascinated me because they were trading in ways that were completely different from what i had read in the text books. It was easy for them to become frustrated, to become over confident and for all those emotional factors to ant their decision making.
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