Want to create an interactive transcript for this episode?
Podcast: Locke In Your Success
Episode: Properly Interpreting Trading Results; Trading Performance Podcast - Episode 3
Description: To become consistently profitable traders, we need to effectively learn from and adapt to the market place. In order to do this effectively, we need to be able to take actions, get feedback, and then properly interpret that feedback in a way where we can take more useful actions the next time. This is how we get better at anything. This is our default approach to learning.
Unfortunately for traders, this approach to learning is effective only in situations where the actions you’re taking are a direct cause of the results you’re judging, and only when you’re making...