In this game, one day you can be interviewed on CNBC considered a financial genius.
Then in one day you can lose it all.
How?
1) Leverage.
2) Market goes against you and you can't adapt your trading style or strategies to continue being successful.
Conversation
I learned to trade in a bull market and when it turned bearish I didn't respect it. lesson learned
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Replying to
That's Deep. I respect anything that covers the mind. One must adapt. Many can't