VIDEO: Bad trades vs losing trades – What’s the difference?
I often times here people define bad trades as the ones that lose money, and good trades as the ones that make money. I guess on the surface this makes sense, but it really doesn’t tell the whole story.
The truth is, there’s plenty of times you do all the right things and still lose money. And there’s also plenty of times when people make poor trade decisions and it ends up getting lucky and working out.
So I’d like to talk about the difference between bad trades and losing trades because in my opinion they are entirely different.
Please enjoy the video below, and if you ever have any questions email me anytime:
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