What We Can Learn From The Market Wizards | Metals Mine

  • What We Can Learn From The Market Wizards

    From traderfeed.blogspot.com

    A surprising percentage of the Market Wizards blew up at some relatively early point in their careers. They were immersed in markets and aggressive in their pursuit of opportunity and their eagerness and ambition led them over their skis. What was noteworthy among these expert traders--Paul Tudor Jones in the first Wizard book is a great example--is their resilience and their ability to learn from defeat. The losses stung, but the successful traders did not allow the losses to define or control them. They began their comeback in relatively short order. They did not lose their belief in themselves, and they did not ... (full story)

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Vancarbon
8 hr ago — Edited
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It’d be quite interesting to see how these individuals would perform with the algorithms and Ai lead Nasdaq , markets turning 180/360 degrees on a tweet from the infamous President .

I doubt these market wizards would do any better ( or worse) than the standard trader who utilises the market methodology which in the past fared quite well .

These days it’s a game of pure leverage
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FlyingTurtle
7 hr ago
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Stocks always go up. Just keep buying more. What's to know?
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Trader#C554
6 hr ago
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Nothing has changed and nothing will change, it is all about approaching trading in a way of prioritizing risk management and avoidance of large losses.
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LoveH
6 hr ago
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True
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Trader#E712
7 hr ago
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vancarbon took the words out of my mouth
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