004: Nick Radge – How to Power Through Trading Losses and Continue Executing
Chat With Traders
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How Do You Determine That You Only Lose a Small Loss?
Each time we have a loss, it only represents half a %, or maybe even point eight of one percent. So all our losses are very, very small. But if that stock keeps moving higher, we might make ten %, 20, 30 forty, 50, 60 sometimes. You know, just recently, we exeted a trade in the commonwealth bank where we finished up with an 87 % profit. And so long as we keep doing that over the longer term, we'll always be ahead.
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