199: Best of Trading Psychology, Pt. 1
Chat With Traders
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Is There Anything in Society That Teach You How to Lose?
John molton, best known as ranbow, is a Sydney-based futures trader. He says the key to trading is learning and figuring out how to take a loss. If you hang on to a loss too long, it will pollute your ability to make another trade. The only thing in society that teaches you how to lose? Organized sport. Other an that, you have to figure i ouf yourself. You really do.
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