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Episode 217: How to Cut Off Losing Trades Quickly (and Other Quotations by Henry Ford)

Well, 2014 is already six days under way, and we’re grateful that you’re still listening to The Traders Podcast. In Episode 217, your host Rob Booker investigates the age-old question: How do I cut off my losing trades quickly? He talks about having a daily or weekly “watch list” and a standard, of sorts, for trading. Rob also talks about the benefits of making up your mind ahead of time (as opposed to having to make crucial decisions while in the heat of the moment). Also, Rob highly recommends our friend and frequent guest Shonn Campbell’s new Kindle book, The Death of My Friend, “The Trader.”

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