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027: Jack Schwager – Key Lessons Learned From Many of the Worlds Greatest Traders (aka Market Wizards)

Chat With Traders

CHAPTER

Is Flexibility Essential for Traders?

Most traders tend to come unstuck due to a lack of flexibility. And that is the ability to be flexible in every way, Isa says. One example would be to be able to hayt hisn't been a great mefod, but it's just stopping working. Got to figure out what does work and why this is not working, and change if it's not working. That's a way of being flexible. Other way was by buying long term goodson on shipping companies. This big idea that he had, which he put on in exactly the reverse fashion, ended up being his best trade for the year.

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