
079: Raoul Pal – The Biggest Financial Experiment the World has Ever Seen, Explained by a Global Macro Investor
Chat With Traders
00:00
How to Be a Successful Day Trader
I don't like hard stops unless it's a really obvious line that I've shorted or bought against and so dry if it doesn't do that then I'm wrong. You get used to taking a bit of pain over time as well but as long as the amount you're risking is is a fraction of the amount that you hope to gain should your trade play out then you can do that. Stop loss is not good because everyone gets stopped out in the same place we'd rather be kind of more vague in my stopping out process and entering process.
Transcript
Play full episode