B The Trader
Talk With Traders - Phil Goedeker - Ozark Trades - Eliminating Bad Habits
Phil has been on the show before on S3E19. Today he joins us to discuss the topic of eliminating bad habits; how do we identify bad habits and what we can do to stop them from coming up. The goal is not to eliminate them completely because we are human but to understand how to mitigate the risk by lowering the frequency. As a beginner day trader you must focus on reducing the amount of trading mistakes you make on a daily basis. The less mistakes you begin to make in the stock market the higher your probability of success and at least keeping your trading account alive long enough for you to catch your stride.
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