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17min chapter
239: Confident Consistent Trading - Laurens Bensdorp
Better System Trader
Emphasizing Diversification and Risk Management in Trading Strategies
The chapter highlights the significance of diversifying trading strategies to mitigate losses and improve overall performance. It discusses the challenges faced by traders during drawdown periods and the importance of adjusting position sizing and considering complementary strategies. Additionally, it delves into the shift towards prioritizing risk management over pursuing profits and building mental strength to avoid emotional decision-making.
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