182: Nico, @InefficientMrkt – An Eight Year Overnight Success Story: Three Years Later
Chat With Traders
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Is It Easier to Trade Someone's Money?
I like how you point out that it took some adjusting for you to, uh, get comfortable with trading someone else's money. Some people perhaps struggle with that more than they do Trading their own money. I was a little in the former camp. You don't need to lose $30,000 on something like PTI. It's pointless. Why let your risk get so out of control just because, you know, you think you're going to be right and you want to see what happens in the trade? And that's the issue is like you'll get away with it 48, 49 times out of 50 but one time out of 100 will send you down into the pits of despair
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