The trader and author of the book ‘Phantom of the Pit’ Art Simpson’s said of trading, ‘The Best Loser is the Long-Term Winner’.
Trading like poker, and many games entails losing and failing often, many of the greats of trading will tell how failure and being able to cope with failure, lie at the core to success. In this episode of the AlphaMind podcast, we discuss the 3 ‘Fs’ of Fear, Frustration and Failure, and how success requires learning ‘how to cope with failure, since failure is such a big part of trading success.
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