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Randy McKay Biography

Ice hockey player

Randy McKay, born on January 25, 1967, is a renowned ice hockey player. He has made remarkable achievements in the world of ice hockey, having played for several professional teams and demonstrating exceptional skills and leadership on the ice.

Long Risk Amount Losing Accounts Management Size Conservative Technique Fund Trading Reducing Money Management

Author:Randy McKay

“When you're trading well, you have a better mental attitude. When you're trading poorly, you start wishing and hoping. Instead of getting into trades you think will work, you end up getting into trades you hope will work.”

Thinking Wells Ends Wish Attitude Trade Trading Mental Attitude

Author:Randy McKay

“When I get hurt in the market, I get the hell out. It doesn't matter at all where the market is trading. I just get out, because I believe that once you're hurt in the market, your decisions are going to be far less objective than they are when you're doing well If you stick around when the market is severely against you, sooner or later they are going to carry you out.”

Ifs Believe Wells Matter I Believe Hurt Decision Hell Sticks Objectives Sooner Or Later Trading

Author:Randy McKay

“I basically learned that you must get out of your losses immediately. It's not merely a matter of how much you can afford to risk on a given trade, but you also have to consider how many potential future winners you might miss because of the effect of the larger loss on your mental attitude and trading size.”

Matter Might Given Loss Attitude Risk Effects Missing Trade Size Winner Trading Mental Attitude Your Loss

Author:Randy McKay

About the Author

Born: January 25, 1967
Known for: Ice hockey player
Quotes: 4

Books & Sources

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Randy McKay Biography

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