How to Power Through Trading Losses
Nick Radge was interviewed by Aaron Fifield of Chat With Traders about dealing with losses, pushing through and becoming a successful trader. This is fantastic information for new traders and is a great reminder for intermediate to advanced and professional traders. You can listen to the interview here.
Aaron said the lessons learnt in this interview were:
- Why trend followers should think like hitchhikers.
- The common misconception of professional traders. Why it is not necessary to make money every day, every week, every month to be profitable.
- Quantitative vs Qualitative – the significant topic that is rarely spoken, and could potentially keep you off the beginners cycle.
How to know if (or when) your trading system is broken. - The two areas new traders often find themselves in trouble. Although these are common problems, these might not be the answers you would expect.
You can listen to other Chat With Traders episodes with Nick Radge on the following pages:
