Passive Trading
Do you really accept risk? Many traders when faced with a choice between a certain and uncertain profit become risk averse and take the first profit, getting out of the trade to quickly and leaving potential profits behind. This form of passive trading will not assist you to become a consistent trader. What will? Accepting risk. In today’s podcast I discuss how you achieve this mental state.
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Martin Thomas is a retired investor, he is a consultant to hedge funds specialising in enhancing trader performance. He founded the Genius Trader Ltd in 2006. He has been advising traders since 2005. He is a guest speaker at Anthony Robbins Wealth Mastery Seminars.