Learning to “Lose” in Trading
In tonight’s video, we talk about our one trade in the crude oil markets, where we were almost instantly stopped out.
While we’re used to winning much more often with the Volatility Box than losing, it’s important to remember that learning to lose (and containing those losses) is one of the most important aspects of trading.
Here’s a fascinating interview with John “Rambo” Moulton, in which he talks about how important the concept of losing is in trading, in order to be successful.
We had 1 Volatility Box setup today in the crude markets, for a net P/L of -$500.
- Click here to watch the newest episode of How to thinkScript and download the Simple Breakout Indicator (FREE)