Sentences with phrase «wrong on any given trade»
For proof that you should not worry about being right or wrong on any given trade, let's discuss the topic of risk reward...
http://www.learntotradethemarket.com/ Not exact matches
Traders don't really care if they are right or wrong on a demo account because they know they can not lose or make money on any given trade.
Most investors trade at the wrong times, giving up on a stock merely due to bad performance, or buying because it is fashionable.
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.
Don't get me wrong, I wouldn't trade my Myles of Style experience for anything, but it did give me a new level of appreciation for the full support team and giant financing that came with working on HGTV'd.