The Common Traits of Stock Market Wizards | Interview with Jack Schwager (Episode 5)
The TraderLion Podcast
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Are There Any Commonalities in the Mindset of a Trader?
There is a lot of commonality between investors and traders. The ability to lock out the emotional side, to treat it as a task of outletting your human emotions get in the way. A respect for learning from mistakes that comes up again and again. And Ray Dalio's guiding philosophy is you have to learn from mistakes but more importantly what they've done wrong.
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