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Sometimes we glorify traders who can "make a prediction" about where the market is going. But that's dumb. We should instead reward people who can manage risk properly. Who cares if they know where the market is going as long as they can manage a losing position when they're not "right"?
By Rob BookerSometimes we glorify traders who can "make a prediction" about where the market is going. But that's dumb. We should instead reward people who can manage risk properly. Who cares if they know where the market is going as long as they can manage a losing position when they're not "right"?