The World's Most Famous Trader (in this particular span of 15 Minutes) Sums Up How to Think Like a Trader

Trader Or Prankster? We Called Alessio Rastani And Asked - Forbes

What did I learn from them? I think the most important thing I learned from them is how to not lose money, to protect themselves against risk. …. What you realize is the most important thing is to take care of the risk. To not have an opinion about something, to see what’s in front of you. Follow the charts and signals. You have to have a plan of action, a set of trading rules or a trading plan. So what that really means is a set of rules that tell you exactly when you’re going to enter the markets and when you’re going to exit. You’ve got to be humble about your decision. If you see something is not working for you, if you get into a trade, you have to get out. As they say, cutting your losses short. That’s sort of general knowledge, nothing shocking, nothing new

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