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How To Win The Game Of Trading: 6 Lessons Learned After 30 Years Of Trial And Error
Trading can be a very expensive educational process for professionals from other fields that feel like they are smart enough to beat the markets with no experience. In trading, we are competing against professionals and people that do it for a living have an edge. The only way to make money is to have an edge yourself that creates more profits than losses at the end of a time period. Your edge from your other career will not translate to trading as it’s a different game. This game is one of following trends, being a contrarian at market extremes, along with cutting losses short and letting winners run. ... (full story)
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