173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO
Chat With Traders
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The Importance of Conviction in Trading
After doing this for 20 years and seeing many traders come and go, I firmly believe that it comes down to price action. You could think what you want. You could have the best research. When you're going to be right, you'll probably do very well. But that also sets you up to have a major loss if your conviction is too high.
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