Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the confusion if that situation actually develops. In my view, losses are a very important part of trading. When a loss happens, I believe in embracing it.
The critical ingredient is a maverick mind. Focus on trading vehicles, strategies and time horizons that suit your personality. In a nutshell, it all… - Gil Blake
The critical ingredient is a maverick mind. Focus on trading vehicles, strategies and time horizons that suit your personality. In a nutshell, it all…
- Gil Blake
Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the confusion if that situ… - Gil Blake
Whenever I take a position, I like to imagine what it would be like under the worst-case scenario. In doing so, I minimize the confusion if that situ…
If you break a discipline once, the next transgression becomes much easier. - Gil Blake
If you break a discipline once, the next transgression becomes much easier.
First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts pre… - Gil Blake
First of all, most traders don't have a winning strategy. Second, even among those traders who do, many don't follow their strategy. Trading puts pre…
Opportunities change, strategies change, but people and psychology do not change. If trend-following systems don’t work well, something else will. Th… - Gil Blake
Opportunities change, strategies change, but people and psychology do not change. If trend-following systems don’t work well, something else will. Th…
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