Question
-
What are the secrets to big trader?
2 Answers
<p>For retail ‘traders’ using technical analysis, and low information signals with a minimum of information advantage, the most important aspect is luck. Good luck is probably 90% of the reason any day trader is ever making money.</p>
2 Views
<p>My success in trading has been the ability to understand my downside loss (due to having worked in risk mgmt for the majority of my life) and upside wise, cherry pick my trades. As a result, most big leveraged trades I did had vv little downside risk (and were hedged 15 ways from Sunday in case I would be wrong). I think my success originates from the fact that I never pursued a fixed return or an x-amount per year (arbitrary nonsense if you ask me), but that I chased opportunity. And if I found one, I would squeeze it …</p>