22 - Real Talk with Real Traders: Yiming Li
The Trade Busters
00:00
Trader's Reflection on Significant Losses and Trading Strategies
A trader reflects on their experience of significant losses in trading accounts due to poor risk management, overtrading, and lack of understanding of position sizing recommendations. They discuss their journey with trading strategies like zero DTE trades, strangles, and iron condors, highlighting setbacks and lessons learned along the way. The chapter emphasizes the importance of realistic expectations, risk management, and not fixating on recouping losses in trading.
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