4min chapter

We Talk Money cover image

Cage Match: Markets Vs The Fed

We Talk Money

CHAPTER

How to Be a Successful Trader

I wanted to say a lot of people lose their steam after getting lost after loss but remember your winners just need to be bigger than your losers. I didn't let that prior mindset of the losses affect me going into this car on a trade I went into it with a clean slate and here I am with a 10x you know etc. It's one thing in trading that's true is you can take a few strikes in a row and then end up getting that grand slam. If you screw up your position sizing and you burn up your capital on a couple of losses or if like you said if you get scared out of positions, you're going to miss out on that big recovery trade.

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