Sentences with phrase «ego out of the trade»

Learning how to take the ego out of the trade is one of the hardest challenges for most traders.

Not exact matches

Working with his boss, the flamboyant Homer Stern, Paul learns the ins and outs of the book trade — how to work an agent over lunch; how to swim with the literary sharks at the Frankfurt Book Fair; and, most important, how to nurse the fragile egos of the dazzling, volatile authors he adores.

The traders, investors, and hedge funds that blew up generally made the error of having «all in» big bets that did not work out, letting an ego keep them on the wrong side of a trade, or went into a position without an exit strategy giving themselves unlimited risk.

You should trade a size that keeps your emotions from becoming an issue and keeps your ego out of the decision making process.