Trading Lords

EP3: Embracing Losses: A New Perspective on Trading Psychology and Risk Management


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In this podcast episode, the I discuss trading psychology and risk management. I reassure you that trading losses are normal and encourage them to view losses as opportunities for growth. I distinguishe between losses caused by mistakes and those that are part of the normal distribution of a trading system. I advise listeners to avoid negative emotions and instead focus on journaling their trades to identify patterns and mistakes. The importance of setting realistic expectations, having a solid trading plan, and seeking help from a supportive community is also emphasized. Overall, I encourage listeners to embrace losses as learning opportunities and stay calm and focused in their trading journey.

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Trading LordsBy Somesh S