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Episode 70 | Saul Lokier - Prop trader

A TRADER'S LIFE

00:00

Let Your Profits Run

Many traders tend to take partial profits and then let the other part of the profit run in the favor, but they don't do anything about their losses. So if I realize that my trade is going against me, I do take partial losses. Instead of taking, you know, the full way, you modify the size. You can always get back in.

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