Ask a novice what the most important thing in trading is and you will probably get the response – it’s whatever moving average is flavour of the day. Wrong – it is how you manage both your trades and yourself. Markets can generate extraordinary wealth but they can also take that wealth away if you are not paying attention to simple things such as how to manage your trades.
More great advice from the Brilliant Chris Tate
thankyou so much
Far out!
I love a good yarn.
He can’t have needed the 7 million too much?
You would think the average person would be happy to hang on to at least a couple of million.
He was convinced until the end that it was still going to $50 per share.