Crypto Market Wizards cover image

Are We in a Supercycle? w/ Su Zhu

Crypto Market Wizards

00:00

Su Zhu on bouncing back from being wiped out

Bouncing back after wipeouts in trading is common among successful traders. Market wizards often have big blowouts early in their careers. It's crucial to learn from losses, not get greedy, and fix your process. Implementing risk management practices like having someone monitor your account or shutting down the computer after a drawdown can enforce discipline. Viewing trading as a sport, not a game, helps in taking it seriously and continuously improving. In the crypto world, bouncing back from significant losses is possible with one or two big ideas. Tough times in trading build resilience and open multiple opportunities for recovery and growth.

Play episode from 27:25
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app