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Podcast: Trader Mindset
Episode: How to take your small losses and bigger wins in stride
Description: Subscribe to the show It happens from time to time that you make a huge win. Â You should celebrate it and understand that they don't happen all the time. Â Many traders will intuit that they are "on to something" and without any thought, start to trade larger. Â They also start trading names or asset classes outside of their core ability. Â Plan to grow methodically and not get to invested in the hubris that we can feel after large wins. Â Someone a lot smarter than me said "pride is a big banana peel." If you stick to trading a fixed percentage of yo...