The Tim Sykes Challenge Podcast

Ep. 2: 20 Rules for Trading

24 min · 22. maj 2023
episode Ep. 2: 20 Rules for Trading cover

Description

A companion podcast to the Tim Sykes Challenge. For more information, go to: https://challenge.sale In this episode, we'll cover: * How to cut those losses * Before you can learn to win, you have to learn how to not lose * Trade at times of the day that most people don’t think about * You have to learn how to lose gracefully and quickly * Survival is the name of the game * You absolutely have to want it bad enough to close those losses * Why traders do not close losing trades - because they do not realize how fast they get it back * The psychological cost of holding losing trades

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