Lessons from a Stock Market Wizard with Mark Ritchie II
The TraderLion Podcast
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The Importance of Always Thinking Risk First
The idea of always thinking risk first has really been paramount to my success. People are often surprised when I tell them, you know, I'm usually wrong a little more than I'm right. And there, well, how could that be? Well, because I'm structuring in asymmetry, I'm layering in asymmetric reward to every decision I make. If I can't find an asymmetric way to put it on, then I either have to pass or wait.
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